Abstract
With the internet accelerating the sharing and collecting of information of all types, concerns about the accuracy and protection of the collected data have grown drastically. In this document an attempt will be made to describe risks will be managed during the process of "Upgrading the existing Oracle Financials ERP implementation to 11.5.10 version". This document defines roles and responsibilities for participants in the risk processes, the risk management activities that will be carried out, the schedule and budget for risk management activities, and any tools and techniques that will be used.
Introduction
The risk management process attempts to identify what could prevent or limit the upgrade of the existing oracle applications (11.5.9) and achieve the targeted functional and performance objectives within cost and schedule constraints. This is a very essential component of delivering the upgrade project, and any other project, to the altar of success. The competition among the software vendors drives them to deliver the new versions to their customers without thorough testing and fixing the loop holes in their product. In addition, every new version calls for stronger hardware requirement, more skilled and trained individuals, more clarity in the expectations from the software/upgrade, and faster implementation and/or upgrade because the obsolescence of software takes place before the new version is released. Therefore, the planning of an upgrade process of any software needs to be planned very careful.
Risk Classification
An applications upgrade delivers the organization a tool which acts as a catalyst for business change, by delivering new functionalities, better performance, new applications, etc. The effective migration/upgrade of the application ensures that the management enjoys the fruit of the efforts put/invested in this project. Thus it is the responsibility of the project team to ensure that all the risks are mitigated effectively so that the time frames are met, appropriate skill levels are available, all hardware resources are within hands reach, and the project team has clear and specific goals.
On broad guidelines, the upgrade process of Oracle Applications can be classified into three categories:
1) Project Risks
2) Technical Risks
After playing the simulation "Managing Project Risks", we can list down the following risks under these two headers.
Project Risks:
In general, project risks are which do not involve any involvement of technology. These are generic risks factors which are common to most of the projects. The leading risks to the upgrade process, relating to our case scenario, are:
- Change in management priorities
...hes should be every three years and software updates fall in line with vendor roadmaps, the reality is actually defined by organizational pace, business needs and, ultimately, budget time is running out for this operating system as there have been tremendous problems resulting from using them. Such issues has call for research to reveals the benefit of upgrading from window Xp and windows 7 to adopt windows 8.in this paper I am going to outline the methods and procedures of upgrading from windows XP and windows 7 successfully to windows 8. Therefore, as it has been seen above, Window migration could be the better option.
Another process activity useful for the prediction of changes is requirements-driven impact analysis or RIDA, for short. This analysis is used to pinpoint which software entities need to be altered in order to be able to implement a certain requirement (Lindvall, 1998). RIDA, which is conducted during the release planning phase, takes two variables into consideration. Firstly, there is the input, which refers to the existing complex system and the set of requirements. Secondly, there is the output, which represents the specific software entities that have to be changed to meet each requirement.
Some faculties and departments are already using Oracle applications in their day-to-day operations. As time goes by, more and more information users will be working with an application based on Oracle database technology. If you get the opportunity to be a member of an application development team, you will become familiar with the workings of Oracle and relational databases. Other users may have to learn about this popular database management system through their own experience. This article is for our readers who, as of yet, have no access to Oracle databases but have a yearning for learning what they're all about.
The development (or iteration) of the new system was approved due to successful budgetary results over the previous two years and growth trends expected over the next two years. Additionally, ongoing maintenance on the system as problems began to arise was beginning to negatively influence production performance, and a need to iterate the system to incorporate evolving production goals was identified. The successful budget of the previous years encouraged the approval of replacing the current conversion system with a successor that promises to increase production performance while lowering the fixed costs of salaried programmers needed to maintain it.
Increments may vary in time to develop and integrate. If done serially, they can extend the program schedule and adversely impact the ability to deliver capability to the users in a timely manner, which was the purpose of evolutionary acquisition. Managing parallel development is challenging but not unachievable; it should not be avoided. PM’s need to be proactive and innovative to use configuration management as a tool to control the development baselines and track changes. Allow enough time in the increment development schedules for the reintegration before final incorporation of parallel changes prior to test and
Risk management is among the most important practices in the field of project management. A successful project completion and risk management often go side by side. An interesting aspect of project management is that a project can sti...
A management console application can be used to upgrade, as one example, versus powering down the machine to install the hardware ensuring the changes were made then powering up again. This reduces the time needed to
The purpose of this Project Management Plan (PMP) is to define the approach to be taken by the AMP Canada case study implementing SAP in 1 year time with the vendor – SAP business partner. The issues identified were: The team implementing the new system were required to meet both functional and systematic requirements thus affecting the implementation of the new system. - The staff were not well trained in the new system. - The user requirements were not taken into consideration thus affecting the purchasing orders, poor management of inventory, the manufacturing and finance department were not integrated.
Database security issues cover a wide spectrum; however, this paper will discuss database issues as related to database applications mainly using Oracle’s database application. Embedded security features accompany many database applications; however, often times these features are not properly enabled, therefore, security issues become a point of interest prior to full implementation. Database security risks can be minimized by properly configuring initial set-up, and this too can be further supported by appropriately applying security patches, as they become available. Businesses rely on databases to enhance the operation, decision support, and to process transactions; therefore, all members of an organization must be aware and vigilant about how database security effects an organization.
Some include risks at the enterprise level, managing risks in complex projects and dealing with turnarounds and large capital projects. Liu, Zou, & Gong (2013) explore how enterprise risk management (ERM) may influence the ability and performance of project management risk (PRM) by considering the features of the construction industry, its businesses and projects. Managing risks within projects such as these has become an important process to achieve project objectives in terms of the scope, time and cost. The results show that enterprise risk management can positively influence the implementation of project risk management. This can be achieved through implementing a risk focused culture, setting up risk management departments and setting up risk procedures. This will help control the project risk and improve the performance of project risk management. Communicating the concerns with other team members can help identify the risks earlier on rather than later in the development of the project. If the Stakeholders and managers involved are satisfied then the project outline becomes a
In the wake of testing the framework is sent into the genuine workplace from which it experiences time to time upkeep to guarantee it takes care of the clients evolving requests. The successive arrangement of steps that are in conventional programming advancement models make the improvement process less demanding and more proficient. The periods of programming advancement at the customary models, for example, waterfall and incremental are subjected to modification time by time if there should be an occurrence of changes in the framework. In waterfall, the engineering of the framework being produced by means of outwardly In the first place, shirking of the models can prompt a higher advancement costs. This expense of the product improvement is an essential element in necessities building process. Second, absence of the models can prompt higher or lower cost as the engineers are not ready to decide the precise prerequisite in time, work force, and more necessities. Finally, absence of the product improvement model could prompt pour nature of the advancement programming following the investigation are not done to decide the necessity of the
The software maintenance process is a long-term support tier for any and all computer-based business systems. In the age of computer automation and electronic commerce, many businesses have become dependent upon scalable and error proof software platforms. The ongoing support of these systems by the software manufacturer is crucial for the business owner, and the software's longevity. Software Maintenance is a detailed process for weighing suggested program additions, making program updates, supporting user-related questions, and fixing latent errors. This process is both heavily time and resource consuming for software firms. This is why it is important for all software firms to have a strong and well-organized software maintenance plan, in which any changes to a given product are, to be followed.
Here we will discuss risk management in the construction sector and in execution of construction project, project risk management is one of the most critical phase for successful completion of the construction project. Risk can be both negative and positive for the project. Negative risks are considered as threats and positive risks are taken as opportunities.
This report aim to explain how is achieved risk control through strategies and through security management of information.
In this competitive world, companies have to deal with various types of risk all the time with there projects. Generally, it affects the budget and schedule of the project. So it is important to keep in mind the risk management strategies while creating an initial project plan.