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...

Full description

Bibliographic Details
Main Authors: Dener, Cem, Watkins, Joanna Alexandra, Dorotinsky, William Leslie
Format: Publication
Language:English
Published: World Bank 2012
Subjects:
ICT
PEM
WEB
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
id okr-10986-2297
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic 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
spellingShingle 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
Dener, Cem
Watkins, Joanna Alexandra
Dorotinsky, William Leslie
Financial Management Information Systems : 25 Years of World Bank Experience on What Works and What Doesn't
relation A World Bank study
description 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.
format Publications & Research :: Publication
author Dener, Cem
Watkins, Joanna Alexandra
Dorotinsky, William Leslie
author_facet Dener, Cem
Watkins, Joanna Alexandra
Dorotinsky, William Leslie
author_sort Dener, Cem
title Financial Management Information Systems : 25 Years of World Bank Experience on What Works and What Doesn't
title_short Financial Management Information Systems : 25 Years of World Bank Experience on What Works and What Doesn't
title_full Financial Management Information Systems : 25 Years of World Bank Experience on What Works and What Doesn't
title_fullStr Financial Management Information Systems : 25 Years of World Bank Experience on What Works and What Doesn't
title_full_unstemmed Financial Management Information Systems : 25 Years of World Bank Experience on What Works and What Doesn't
title_sort financial management information systems : 25 years of world bank experience on what works and what doesn't
publisher World Bank
publishDate 2012
url 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
_version_ 1764385205774188544
spelling okr-10986-22972021-04-23T14:02:01Z Financial Management Information Systems : 25 Years of World Bank Experience on What Works and What Doesn't Dener, Cem Watkins, Joanna Alexandra Dorotinsky, William Leslie 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 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. 2012-03-19T09:03:33Z 2012-03-19T09:03:33Z 2011-04-26 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 978-0-8213-8750-4 http://hdl.handle.net/10986/2297 English A World Bank study CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank Publications & Research :: Publication Publications & Research :: Publication