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Steps for a successful a Budgeting Process Implementation
Steps for a successful a Budgeting Process Implementation
Budgeting is a process to streamline the expenditure process to balance future income and expenditure. Budgeting also help to keep track of the expenditures and income.
What are Budgeting Process Migration Goals?
Document Current Budget Business Process
Position Client to utilize future SAP functionality such as Position Budget Control
What are the Critical Success Factors for Budgeting Process?
Minimize Scope Creep!
Minimize Process Redesign
Meet Project Timelines for key milestones
Everyone does their part and completes weekly to-do’s
What are the Project Roles for a Budgeting Process Implementation?
Executive Sponsor
Steering Committee – ERP Steering Expanded and Administrative Council
IT Project Manager
Project Manager
Consultants
Business Experts – Finance, Human Resources, Materials Management
IT ERP Team
What are the Project Scope for a Budgeting Process Implementation?
Implement Budget Control System
Implement new Budget Reports
Position the client to implement new functionality
Grants Management
Position Budget Control
What are the Implementation Strategy for Budgeting Process Implementation?
Maintain and Review Project Plan
Follow Project Documentation
Configuration Changes
Transport Request
Unit Test Scripts
Integration Test Scripts
Perform Testing
Unit Testing
Integration testing
Cut-over Testing
Conduct System Audits
Blue Print – Phase II
Realization – Phase III
Pre Go-live – Phase IV
Follow a Change Management Procedure
Conduct Weekly Meetings
Update Project Web Site
Schedule Resources in A Timely Manner
Keep an Issues Log
What are the Project Milestones Overview for a Budgeting Process Implementation?
Phase I
Complete Project Planning
Phase I Sign-off
Phase II
Project Kick-off
Workshops
Baseline Configuration
Test Baseline Configuration
Complete Documentation
Phase II Audit
Phase II Sign-off
Phase III
Unit Testing
Integration Testing
Train Users
Go-Live Test
Phase III Audit
Phase III Sign-off
Phase IV
Final Go-live Preparation
Cutover Test
Pre-go-live Audit
Phase IV Sign –off
Go-live
Phase V
Go-live Support
Month-end Support
Year-end Support
Phase V Sign-off
What are the Project Deliverables Overview for a Budgeting Process Implementation?
Project Plan
Revise Business Process Procedures
Revise Test Scripts
Revise Integration Test Scripts
Configuration Documentation
Transport Documentation
End-User Communications
End-User Training
Issues Data Base
Conversion Programs
Interface Programs
Specified Enhancements
What are the Project Deliverables Overview for a Budgeting Process Implementation
What is Budgeting?
Budgeting is a process to streamline the expenditure process to balance future income and expenditure. Budgeting also help to keep track of the expenditures and income.
What are Budgeting Process Migration Goals?
Budgeting Process Migration Goals includes Document Current Budget Business Process and Position Client to utilize future SAP functionality such as Position Budget Control.
What are the Critical Success Factors for Budgeting Process?
Critical Success Factors for Budgeting Process includes Minimize Scope Creep, Minimize Process Redesign, Meet Project Timelines for key milestones and Everyone does their part and completes weekly to-do’s.
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