Title: Risk assessment and management in enterprise resource planning by advanced system engineering theory

Authors: R. Valanarasu; A. Christy

Addresses: Research and Development Centre, Bharathiar University, Coimbatore – 641046, Tamil Nadu, India ' Rajiv Gandhi Salai, Jeppiaar Nagar, Chennai – 600119, Tamil Nadu, India

Abstract: An ambitious task is to conduct a project related to enterprise resource planning (ERP). In any of the ERP business enterprises, the technological, psychosomatic and sociological characteristics are included. Managing such characteristics in any enterprises is high complex. The ERP as such categorised on the basis of implementation, software, supply chain management, resources, management and optimisation. These characteristics are high risk to handle. The system still seems to be a growing system that has to be moulded into many forms. The aim of this manuscript is to present a risk assessment and management (RAM) in ERP by advanced system engineering theory.

Keywords: enterprise resource planning; ERP; risk assessment; risk value; risk management.

DOI: 10.1504/IJBIDM.2018.088420

International Journal of Business Intelligence and Data Mining, 2018 Vol.13 No.1/2/3, pp.3 - 14

Received: 07 Aug 2016
Accepted: 29 Sep 2016

Published online: 07 Dec 2017 *

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