Some common enterprise functions of any enterprise involve the efficient management. The management of organizational resources, such as finances and other such entities. Other resources such as employers, suppliers, customers, and partners are also included. And assets such as equipment, material, parts, supplies and properties. While it can be safe to say that technology intensive systems, such enterprise resource planning commonly known as ERP, have come to represent the most cost- efficient way, these are the functions that chief executives and business leaders turn to in the hour of need, widely known as ‘back office support functions’.
In what circumstances they are needed is a question, commonly asked, when the top priorities for an enterprise are cost containment, cost avoidance and efficiency improvement. These are the functions widely worked on.
Other enterprise functions may include,
Business value alignment, business process optimization, shared services and outsourcing advisory, information system for enterprise function etc.
The most important of these are information system for enterprise function; enterprise resource planning can be understood by these,
The first and most crucial one is business process re engineering and requirement definition.
Others may include steps like, project management of ERP implementation.
Enterprise architecture and technology integration consulting, organizational change management, transition to steady state operations.
Now the question arises why these enterprise functions are needed and how they have a big impact on project management, as discussed above the things like project management of ERP implementation is very important.
As the approach of hybrid product delivery is enhanced, the consideration of adding value to one’s business is widely implemented through alignment of resources. Most important of the considerations include, speed at which the iterations are produced by agile process, the other things include business and technology complexities, as well as the increasing expectations of customers.
The reason for their need is such enterprise functions are considered as the key to success by today’s agile heads. The enterprise functions as mentioned above, such as resource management and portfolio management etc. there are other traditional enterprise delivery disciplines that are considered as key to success. Other frameworks such as scaled agile framework commonly known as ‘SAFe’ are also considered key to success in today’s project management practices by the people leading the agile processes. The agile heads today are people who have sound and impressive knowledge of both new and traditional knowledge of processes needed for project management.
Talking about “safe” as the new big thing, it is indeed the nest generation thing for project managers and it has enhanced the prospects of managing processes. And why is that so?
The answer to this is it had identified the critical need to have all the enterprise functions in place. The enterprise functions are all engaged for all kinds of deliveries that are need of the existing hour.
Enterprise functions can be of great help for both project managers as well as people in agile leads by helping them in developing successful projects.