A real option theoretic fuzzy evaluation model for enterprise resource planning investment

• Main Authors: You, Chew Jian, Chen, S. L., Jiao, Roger J., Lee, C. K. M.
• Other Authors: School of Mechanical and Aerospace Engineering
• Format: Article
• Language: English
• Published: 2013
• Subjects: DRNTU::Engineering::Mechanical engineering
• Online Access: https://hdl.handle.net/10356/96714; http://hdl.handle.net/10220/18066
• Institution: Nanyang Technological University

The high failure rate of ERP implementation is due to a common pitfall that ERP projects are often enacted as merely investment into installation of IT infrastructure, rather than systematic planning of operation changes, business process re-engineering and a paradigm shift for the operation and man...