Impact and Challenges of Requirements Management in Enterprise Resource Planning (ERP) via ERP Thesaurus

Managing requirements efficiently aids the system design team to understand the existence and significance of any individual requirement, there are numerous requirements management practices that benefit in decision making but significantly many lacks to account the important factors that have substantial influence in managing requirements in context of ERP systems in particular. As highlighted comprehensively later in literature review section, requirements management failure is one of the pivotal aspects for the project(s) failure. The prime problem/lacking in software design and development is when it comes to requirements management the most vital thing that gets ignored is thinking before performing activities. As it should be the main step to save time, money and efforts. Further prominence other aspects in this are pivotal value about the software's running in industries, the question arises when their business need ERP system, and when requirements change or new requirements are emerged into the system, what are the obstacles faced and how these obstacles are accomplished. ERP systems are becoming the need of industries nowadays as various industries are facing problems regarding data loss; it is challenging for the owners to fetch all the information when they need it, accounting systems are slower and consuming a lot of time and many other issues likewise. This paper further illustrates in detail the important traits, issues toward businesses may have when ERP is implemented and when requirements are changed or not managed professionally what issues are faced by requirement engineering team and industries and thus how to resolve them.