The critical factors causing ERP and other strategic project investment failure

The Critical factors for ERP Investment Success

The critical factors causing ERP and other strategic project investment failure

  1. Mythology, hype and tradition – 30%
  2. Inappropriate or ineffective executive custody, governance and corporate policy – 19%
  3. Lack of effective strategic alignment and strategic solution architecture – 16%
  4. Lack of Precision Configuration – 14%
  5. Failure to address soft issues, business engagement and change impacts – 12%
  6. Lack of an Engineering Approach – 6%
  7. Technology Issues – sub-optimal or defective software, hardware, network, etc – 3%

The percentages represent the extent to which each of these factors has played a part in the investigations I have undertaken. It is important to note that the factors with the lower weights are still very important but that if the higher weighted factors fail it does not help to get the lower weighted factors right.