Studies in recent years have revealed the challenges involved in deploying ERP solutions due to its complexity. Before attempting to implement ERP systems, it is essential to study various aspects such as project management, training, and change management in detail to manage the associated risks. When an ERP project is undertaken with insufficient planning, it may result in failure to integrate business processes and in substantial financial loss. Research has been pursued to identify critical risk/failure factors that may arise during implementation and the measures that should be taken to manage them. However, there is lack of research in identifying the management of critical risk/failure factor using a structured methodology. This raises a question of ‘can a structured methodology identify and manage critical risk/failure factors and support deploying ERP solutions with a better quality?’ A study of Microsoft Sure Step Methodology is performed to identify critical risk/failure factors that frequently occur during ERP implementation. These factors are derived from 8 articles. On determining critical risk/failure factors, we investigated if Sure Step methodology likely contains procedures that approach these factors.