With the purchase of the PeopleSoft modules and massive consulting expense associated with its implementation, FAMU has made a substantial investment in technology. After the expenditure of approximately $50 million related to this project, the real ROI is really in doubt. While the PeopleSoft product may be good and becoming better with more modifications to serve universities, now that new management of FAMU is in place, our job is to ensure that we are getting the benefit out of the system as was originally envisioned. Additionally, in order to achieve the visionary goals embedded in our strategic plan, it is imperative that we apply “new thinking” to the situation that we find ourselves. The purpose of the T3E project is to highlight the plight that we face, provide some analysis as to what got us here, assess what the problem areas are and to then to recommend options for going forward.
The T3E project is the culmination of a review process conducted in partnership between the Divisions of Administrative and Financial Services, EIT and Audit and Compliance. Key stakeholders from these areas have been meeting and have reviewed the work that has been done to date regarding the problem areas previously identified with the PeopleSoft system and its associated processes. The focus of this review effort is not to assess blame or to point fingers at any group, instead, it is an attempt to soberly and dispassionately assess where we are and how can we improve. Given that the system is the foundation on which we build many of the business processes in the University, we must ensure that the processes and the system work properly in order for us to achieve the many worthwhile endeavors envisioned in our strategic plan.
The T3E project is presented as a way for FAMU leadership to recommit effort that ensures that our processes and system work for us and enables our organizational processes that will allow us to be a world-class University.
For inquires about T3E, please email us at firstname.lastname@example.org.