■Monitoring: This component tracks the progress of a project to meet the promised delivery date,
reach cost target, fulfi l required quality and so on. It provides a complete visibility of all the project
activities to ensure profitability.
17.13 ERP IMPLEMENTATION
ERP is the magic lamp in the hands of an organization that can change the productivity and profi tability
dramatically, but it has a ‘do-or-die’ proposition. Selection of right package and successful implemen-
tation can bring a massive change in operation, effi ciency, functionality and in the decision-making
process but wrong selection of packages and incompetent and haphazard implementation can bring an
irreparable loss to the organization. The huge cost ...
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