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Remember, risk is an uncertain event or condition that can have a positive or negative impact on the project.

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Remember, risk is an uncertain event or condition that can have a positive or negative impact on the project.

This week, you will be identifying and analyzing your project risks and developing a risk management plan to monitor and track your project. You will evaluate each task in your project schedule to identify any risk factors associated with the execution of the deliverable. You will then add your list of risk to the risk register template in Doc Sharing. The number of risks will depend on the project deliverables in your schedule; however, 20–25 positive and 20–25 negative risks would be considered the minimum. Review the instructions on the first sheet of the template and complete your risk register in its entirety.

C.Adams_Week 1_MGMT404 Proposal.docx

C.Adams_Week 1_MGMT404 Proposal.docx

Candice Adams
MGMT404
Professor Earnshaw
Software Update Proposal
I have been made aware that the accounting software used by our company is extremely
outdated. After reviewing the budget for this fiscal year, we have determined that the
accounting department has the necessary funds to upgrade the current software. Soon,
we need to begin looking for accounting software that meets the needs of the company
and employees.
A small committee was used in this research that was made up of a diverse group of
accountants and managers from different departments. This was believed to maximize
the likelihood that the research will consider the broad spectrum of company needs.
The committee has reviewed several software packages for compatibility. There are four
that were chosen to be a good fit for this company. QuickBooks, NetSuite, Xero and
Microsoft Dynamics GP were the preferred software. They were researched further to
determine which would be a better fit.
My research along with the committee has come up with the following findings
regarding updating accounting software. Easily track expenses, prepare and send
invoices, prepare financial statements. Upgraded software will provide better storage
and backup ability that contributes to the improved security of the data. Even
individuals with little to no experience in accounting can feel assured that information is
entered correctly.
When a software package is accepted by upper management, Louanne Diano will lead
the Technology Advisory Committee (TAC) that will oversee the entire software upgrade
operation. She will decide which personnel will be appropriate to take place in the
upgrade process.
As you know choosing the best accounting software for our company’s needs is very
important. Once the new software is fully installed the company will have a lot of time
and money invested between the cost of the software and the time it takes to install, set
up and train employees on the new software. So, it is imperative that we choose the
best software option the first time. References
“Why you should make the move to cloud accounting.” Daily Herald [Arlington Heights,
IL] 22 Aug. 2016: 31. Business Insights: Essentials. Web. 25 Sept. 2016.
A Firm Finds Success in the Cloud. (2016). CPA Practice Advisor, 26(5), 21.
NEW PRODUCTS. (2015). Accounting Today, 29(5), 49.

 
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