A Project ERP or Project-Based ERP is an Enterprise Resource Planning system (ERP) designed specifically for project-based companies. Project-based companies include construction, engineering, architecture, engineer to order manufacturing and various other types of professional services firms.
The term Project ERP or Project-Based ERP has been around for several years but has not been well adopted and has thus been superseded by the term Project Business Automation or PBA. While similar in concept, PBA is more precise in its definition as a solution designed to integrate, systemize and automate the processes of Project Businesses. Furthermore, PBA breaks away from the functionality mode of traditional ERP solutions that were originally designed for manufacturing or similar type companies that have high volumes of repeatable business processes. Project-based companies or Project Businesses do not operate in that manner, and therefore a traditional ERP system will not work for them the way it does for those traditional companies.
The market need for PBA did grow directly out of the Enterprise Resource Planning (ERP) industry. While ERP is a viable solution for most traditional enterprises in manufacturing, retail, distribution, etc., it does very little to encompass the process management needs of Project Business. As a result, most Project Businesses use many other applications to manage their core business processes, which revolve around projects.
Project Business Automation manages all those processes in one system, essentially creating a viable ERP alternative for project-based companies.