As organizations grow, one important need would be to have data that can be used for managerial decision making. And often, organizations struggle with lack of expertise for managing the humongous amount of data that keeps pouring in at various levels within the organization. This is where the need for ENTERPRISE RESORUCE PLANNING arises.
Availability of processed information in the form of data, presented through various metrics and a strong MIS function is the core for the effective management of any business entity. Optimum utilization of resources is also possible only by putting in place effective project management practices, including procurement of resources, allocation, and maintenance of resources.