question at the starting of the 21st century as, Business Management

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question at the starting of the 21st century as

Question :

At the starting of the 21st century, as businesses prepared for Y2K, companies were implementing a new system which was Enterprise Resource Planning (ERP). The company where you work needs to implement an ERP system, thus, part of management wants to implement it using the "big-bang" approach and the other part of management wants to use the "phased-in" approach. Determine the benefits and risk using both approaches.

Individual Portion:

ERP implementations are at risk to extensive cost overruns. Show three of the more usually experienced problems area.
Explain four advantages and four disadvantages of developing an ERP system at a multinational corporation.
Why might a firm decide to implement only certain modules in an ERP system rather than a complete realization?

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