Financial Management Information Systems

Cem Dener

Description

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 to share the achievements and challenges observed, and provide guidance for improving the performance of future projects. The report is structured according to four overarching questions:
▪ What historical patterns emerge from World Bank financed Treasury/FMIS projects?
This includes an analysis of project scope, cost, duration, design, objectives, and ICT solutions, among other aspects.
▪ How have such projects performed according to various criteria?
▪ What are the key factors that contribute to the success and failure of projects?
▪ What have we learned that could be useful for future projects?
The findings of this report are primarily based on the 2010 FMIS Database, which includes 55 closed and 32 active FMIS projects implemented between 1984 and 2010 (7 pipeline projects are also analyzed in some sections). The data was gathered primarily from internal World Bank documents and sources, and complemented with interviews with project teams. The Database contains a rich set of operational data and performance ratings for the benefit of the World Bank task teams, government officials and other specialists involved in FMIS projects. Compared to the previously prepared draft FMIS report in 2003 (Dorotinsky and Cho), this study is based on a broader set of projects and documents in analyzing the performance and outputs of the FMIS projects, and presents more in-depth analysis of the success and failure factors. Based on the findings of the current study, the interventions of the World Bank in the design and implementation of FMIS solutions have been reasonably successful in most countries.

Sujets

• Accountancy
• Standard accounting practice
• Decentralization
• Financial management
• Financial transaction
• Human resource management
• Internal control
• Payment system
• Peer review

Informations

• Publié par: world-bank-publications
• Publié le: 26 avril 2011
• Nombre de lectures: 43
• EAN13: 9780821387535
• Langue: English
• Poids de l'ouvrage: 12 Mo

Extrait

A WORLD BANK STUDY
Financial Management
Information Systems
25 YEARS OF WORLD BANK EXPERIENCE ON
WHAT WORKS AND WHAT DOESN’T
Cem Dener
Joanna Alexandra Watkins
William Leslie DorotinskyWORLD BANK STUDY
Financial Management
Information Systems
25 Years of World Bank Experience on
What Works and What Doesn’t© 2011
The International Bank for Reconstruction and Development / The World Bank
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Washington DC 20433
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ISBN: 978-0-8213-8750-4
eISBN: 978-0-8213-8753-5
DOI: 10.1596/878-0-8213-8750-4
Library of Congress Cataloging-in-Publication Data has been requested.
4Contents
Abbreviations .......................................................................................................................... vii
Acknowledgments ....................................................................................................................ix
Preface .........................................................................................................................................xi
Executive Summary ............................................................................................................... xiii
1. Introduction ............................................................................................................................ 1
Defi nitions ............................................................................................................................ 3
Methodology ........................................................................................................................ 4
2. Descriptive Data Analysis .................................................................................................... 7
Duration ................................................................................................................................ 7
Regional Distribution ..........................................................................................................9
Project Characteristics ....................................................................................................... 10
Objectives ............................................................................................................................ 12
Scope .................................................................................................................................... 13
Project Funding .................................................................................................................. 14
Lending Instruments ......................................................................................................... 16
Cost of FMIS ICT Solutions .............................................................................................. 18
Information and Communication Technology Solutions ............................................ 21
Procurement Packages and Contracts Signed ............................................................... 23
Implementation Resources ............................................................................................... 25
Disbursement Rates........................................................................................................... 26
Regional Variation in Design and Implementation ...................................................... 29
3. Project Performance ............................................................................................................. 31
ICR Ratings ......................................................................................................................... 31
IEG Ratings ...... 33
Operational Status .............................................................................................................35
Preparation Approaches ................................................................................................... 36
Success Factors ................................................................................................................... 39
Failure Factors ..... 42
Pa erns ................................................................................................................................ 42
Comparisons to the Private Sector .................................................................................. 47
4. Case Studies ........... 51
Mongolia ............................................................................................................................. 52
Turkey ................................................................................................................................. 55
Albania ................................................................................................................................ 58
iii
4iv Contents
Guatemala ........................................................................................................................... 61
Pakistan ............................................................................................................................... 63
5. Conclusions ........................................................................................................................... 67
Findings .............................................................................................................................. 67
Prerequisites ....................................................................................................................... 70
Recommendations ............................................................................................................. 72
Concluding Remarks ........................................................................................................ 79
Appendixes ................................................................................................................................ 83
Appendix A. References ................................................................................................... 85
Appendix B. Checklist for the Teams Involved in FMIS Project Design ................... 87
Appendix C. Use of Electronic Payment Systems and Digital Signature in
FMIS Projects .............................................................................................................. 95
Appendix D. Procurement Options for the Implementation of FMIS Solutions ... 103
Appendix E. Progressive Development of FMIS in Guatemala and Nicaragua .... 107
Appendix F. Projects in IDA Countries ........................................................................ 115
Appendix G. Project Disbursement Profi les by Region ............................................. 117
Appendix H. Good Practice FMIS Indicators for Project Teams .............................. 131
Appendix I. FMIS Project Timelines (1984–2010) ....................................................... 135
Appendix J. Treasury/FMIS Projects in ECA Region ................................................. 139
Appendix K. Operational Status of FMIS Projects in 51 Countries.......................... 141
Appendix L. Implementation Status of All Projects Included in the FMIS
Database (August 2010) ........................................................................................... 143
Appendix M. FMIS Data Mapper ................................................................................. 153
Tables
Table 1.1. Coding of FMIS Project Components .....................................................................5
Table 2.1. Funding and ICT Costs of FMIS Projects ........................