- 20 Marks
BSIM – OCT 2022 – L3 – Q6 – ERP System Development Options and Project Success
Factors for deciding on in-house or buying ERP, key issues affecting IT project success, and measures to minimize challenges.
Question
Your bank is considering the options of developing a new Enterprise Resource Planning (ERP) system in-house or simply buying an existing system.
a) Discuss the factors to be taken into consideration and advice management on the appropriate options. [10 Marks]
b) Describe the key issues that can affect the success of such IT projects and the measures that the bank can adopt to minimize the challenges. [10 Marks]
[Total: 20 Marks]
Find Related Questions by Tags, levels, etc.
- Tags: Buying Existing, Challenges Minimization, ERP System, Factors, In-House Development, Success Issues
- Level: Level 3
- Topic: IT investment decisions
- Series: OCT 2022
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