Capturing Project Cost in Project ERP

Most enterprise resource planning (ERP) software is not designed to effectively capture cost in a project-based environment, such as engineer to order, engineer procure construct, or services. This white paper covers organizational and technology barriers to capturing project cost, along with criteria for selecting the ideal ERP for effective project costing for your organization.
  • Written By:
  • Published On:
  • (Originally Published On:) )
 
comments powered by Disqus


Featured publications:

Selecting ERP Software for the Mining Industry

Most ERP products have been designed from repetitive manufacturing, and thus lack the powerful asset management and project management functionality that mining companies require. But ERP is becoming a higher priority for these organizations. This white paper offers tips on selecting ERP software for the mining industry. Learn how you can you select ERP that can handle the entire mining project and asset lifecycle.
  • Written By:
  • Published On:

ERP vs Project-Based Solutions - Which is Right for You?

Are project-based solutions (PBS)—a new type of ERP for complex, engineer-to-order companies facing rapid change—right for you?
  • Written By:
  • Published On:

You may also be interested in these related documents:

How to Start a No-fail Project, Part 3: Planning for Success

An estimated two-thirds of IT projects aren’t completed on time or budget, while 15 percent are cancelled entirely. But your IT project doesn’t have to be a gamble. By knowing the most common causes of project failure, your company increases the potential for a successful project outcome. Learn more about how inadequate initial project planning can be one of your greatest obstacles to success—and how you can overcome it.
  • Written By:
  • Published On:

Yes or No: The Two Models for Implementing Project Portfolio Management

Two models exist for implementing project portfolio management (PPM) systems: the engagement profitability model, and the budget alignment model. The former uses projects and programs as vehicles for managing revenue-generating engagements. The latter is an operational environment where project value varies, and project costs constitute an expense overhead. PPM can align these models to shorten engagements through standard implementation plans.
  • Written By:
  • Published On:

Are You Ready for the Project Economy?

The multitude of messages and media in this interactive age contributes to a fragmented consumer goods market. Shorter product life cycles, mass product customization, and increasing supply chain complexity are all symptoms of the new project economy. The arrival of this new age must be recognized by business leaders, and the systems supporting business must change to accommodate this reality.
  • Written By:
  • Published On: