Discuss risk management techniques that can be used during implementation erp
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Risk Management techniques that can be used during the implementation of Enterprise Resource Management are the following;
(i) Risk Analysis.
(ii) Communication of scope, progress and purpose.
(iii) Adapting new work/ operational culture.
(iv) Trainings for employees.
(v) Monitoring activities.
Risk Management techniques that can be used during the implementation of Enterprise Resource Management are the following;
(i) Risk Analysis.
(ii) Communication of scope, progress and purpose.
(iii) Adapting new work/ operational culture.
(iv) Trainings for employees.
(v) Monitoring activities.
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Explanation:
Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events[1] or to maximize the realization of opportunities.
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