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...
| Main Authors: | , , |
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| Format: | Publication |
| Language: | English |
| Published: |
World Bank
2012
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| Subjects: | |
| 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 |
| 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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