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Steps for a successful a Budgeting Process Implementation
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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 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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