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Financial Management Information Systems : 25 Years of World Bank Experience on What Works and What Doesn't

This paper was prepared by the public sector and governance group of the World Bank poverty reduction and economic management network. Since 1984, the World Bank has financed 87 Financial Management Information System (FMIS) projects in 51 countrie...

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Bibliographic Details
Main Authors: Dener, Cem, Watkins, Joanna Alexandra, Dorotinsky, William Leslie
Language:English
Published: World Bank 2012
Subjects:
ACCESS TO INFORMATION
ACCOUNTABILITY
ACCOUNTING
ACCOUNTING STANDARDS
ACCOUNTS PAYABLE
ACTION PLAN
ACTUAL COST
APPLICATION SOFTWARE
AUTOMATION
BACKUP
BASIC
BIDDING
BROADBAND
BROADBAND NETWORKS
BUSINESS PROCESSES
BUYING POWER
CAPABILITIES
CAPACITY BUILDING
CHART OF ACCOUNTS
CLIENT COUNTRIES
CLIENT SERVER
CODING
COLLABORATION
COMMERCIAL SOFTWARE
COMMUNICATION NETWORK
COMMUNICATION TECHNOLOGIES
COMMUNICATION TECHNOLOGY
COMMUNITIES
COMPETITIVE BIDDING
COMPETITIVENESS
COMPONENTS
CONNECTIVITY
CONSOLIDATION
COPYING
COPYRIGHT
CUSTOMS
DATA ANALYSIS
DATA CENTERS
DATA COLLECTION
DATA STORAGE
DEBT
DECENTRALIZATION
DECISION MAKING
DESCRIPTION
DEVELOPMENT OF INFORMATION
DIGITAL
DIGITAL CERTIFICATES
DIGITAL SIGNATURE
E-GOVERNMENT
E-GOVERNMENT SYSTEMS
E-MAIL
ELECTRONIC PAYMENT
ENABLING ENVIRONMENT
ENGINEERING
EQUIPMENT
EXTERNAL CONSULTANTS
FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT SYSTEMS
FINANCIAL OPERATIONS
FINANCIAL SYSTEMS
FINANCIAL TRANSACTIONS
FUNCTIONALITY
GENERAL PUBLIC
GOVERNMENT EXPENDITURE
GOVERNMENT POLICY
HARDWARE
HIGH-SPEED
HUMAN RESOURCE
HUMAN RESOURCE MANAGEMENT
HUMAN RESOURCES
HUMAN RESOURCES MANAGEMENT
ICT
IMAGES
IMPLEMENTATION PERIOD
IMPLEMENTATION RESOURCES
INDUSTRY STANDARDS
INFORMATION EXCHANGE
INFORMATION FLOWS
INFORMATION SECURITY
INFORMATION SYSTEM
INFORMATION TECHNOLOGY
INNOVATION
INSTITUTIONAL CAPACITY
INSTITUTIONAL DEVELOPMENT
INTERFACES
INTERNAL CONTROLS
INTEROPERABILITY
INTERVENTION
INTERVENTIONS
INVENTORY
INVENTORY MANAGEMENT
KNOWLEDGE SHARING
LEARNING
LEGAL BASIS
LEGISLATIVE FRAMEWORK
LICENSES
MANAGEMENT ACCOUNTING
MANAGEMENT INFORMATION SYSTEMS
MATERIAL
MONITORING MECHANISMS
NETWORKS
NEXT GENERATION
NUMBER OF USERS
OPEN SOURCE SOFTWARE
OPEN-SOURCE SOFTWARE
PAYMENT SYSTEM
PAYMENT SYSTEMS
PEER REVIEW
PEM
PERFORMANCE INDICATORS
POLITICAL LEADERSHIP
PRESENT VALUE
PRIVATE SECTOR
PRIVATE SECTOR DEVELOPMENT
PROCUREMENT
PROCUREMENT PROCESSES
PROGRAMS
PROJECT MANAGEMENT
PUBLIC ACCESS
PUBLIC ADMINISTRATION
PUBLISHING
QUERIES
RELATIONAL DATABASES
RELIABILITY
RESULT
RESULTS
SCANNING
SERVER
SERVERS
SITES
SOCIAL DEVELOPMENT
SOFTWARE DEVELOPMENT
SOFTWARE PACKAGES
SOFTWARE SOLUTION
SOFTWARE SOLUTIONS
SUBSIDIARY
SUPERVISION
SYSTEM DESIGN
SYSTEM DEVELOPMENT
SYSTEM REQUIREMENTS
TARGETS
TECHNICAL ASPECTS
TECHNICAL ASSISTANCE
TECHNICAL INFRASTRUCTURE
TECHNICAL REQUIREMENTS
TECHNOLOGICAL ADVANCES
TECHNOLOGY ARCHITECTURE
TECHNOLOGY INFRASTRUCTURE
TELECOMMUNICATIONS
TELECOMMUNICATIONS INFRASTRUCTURE
TELEPHONE
TRANSACTION
TRANSACTION PROCESSING
TRANSITION ECONOMIES
USABILITY
USER
USERS
VERIFICATION
WEB
WEB PORTAL
WEB PUBLISHING
WEB SITE
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20110505020507
http://hdl.handle.net/10986/2297
Description
Summary:This paper was prepared by the public sector and governance group of the World Bank poverty reduction and economic management network. Since 1984, the World Bank has financed 87 Financial Management Information System (FMIS) projects in 51 countries, totaling over US $2.2 billion, of which US $938 million was for FMIS-related Information and Communication Technology (ICT) solutions. This study presents the World Bank's experience with these investment operations, including substantial ICT components, in order to share the achievements and challenges observed, and provide guidance for improving the performance of future projects. This study is dived into five chapters. The introduction covers the definitions used and methodology applied in reviewing projects. Chapter 2 provides descriptive characteristics of the sample data drawn from Bank databases and describes general patterns in duration, regional distribution, costs, and ICT solutions implemented, among other aspects. Chapter 3 analyzes the performance of the projects, differentiating between ratings of the Implementation Completion Reports (ICRs) and the Independent Evaluation Group (IEG) reports, as well as the factors contributing to the success and failure of projects and individual components. A detailed analysis of country case studies from Mongolia, Turkey, Albania, Guatemala, and Pakistan are presented in chapter 4. In conclusion, chapter 5 synthesizes the main lessons learned and prerequisites necessary for an effective FMIS project. The findings of this study are based on a comprehensive database of 55 closed and 32 active Treasury and FMIS projects implemented between 1984 and 2010 (pipeline projects were also analyzed in some sections). The data presented here was gathered from individual project ICRs, Project Appraisal Documents (PADs), the IEG reports, and complemented with interviews with task team leaders and relevant public sector and informatics specialists.

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