Acta Universitatis Danubius. Œconomica, Vol 8, No 2 (2012)

Abstract

Abstract:

In current market arena, all the organization are providing a dedicated effort to reduce the “Functional”, “Operational”, “Process Related” and other cost to survive in competitive market. Some of the cases few non reveled risks are also getting induced while change of process taken place. This is causing a real turmoil in terms of “Cost Overrun” and “Process Failure”. For instance, implementation of “Automated Resource locating and aligning” system (It is a system where resource can find out the opening in different “Business Lines”, “Technologies” ,“Location” and raise their interest to respective “Resource Manager” ) reduce the “Human Resource” operation cost up to 7.8%, where that also introduce a “Quarterly Project Execution Ration Risk” to 16.2%(Case study 1.2). In this scenario, organization requires some methodology which will helps to reduce the cost and risk related to project and production. Identity management methodology helps organizations to “Mitigate risk”, “Reduce costs related to development, Production, Processes etc, and ensure sustainability to market place. It use to give quick and long term result about the commence process for “Entire resource lifecycle management, automated user provisioning, an integrated governance model, and identity intelligence.