At the last board meeting of X Company, the Finance Director showed concern for the lack of planning information obtainable to the company. It was accepted that the company needed better quality information and the board agreed that the company should go ahead with a project to source and execute an integrated enterprise resource planning (ERP) system.

Explain the role played by the main project stakeholders in the sourcing and execution of the enterprise resource planning (ERP) system.

Project stakeholders are those involved in the project or those whose work or interest may be affected by the project. Stakeholders may have a varied level of interest, involvement and power on the project. It is extremely significant to identify all of the stakeholders as they can have a negative or a positive persuade on the project and this will need to be identified and managed by P in order to ensure that there is minimum disruption to the project.

The main stakeholders in the enterprise resource planning system will contain the following:

Project Sponsor

Project Owner (Client)

Software supplier