United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office Accounting and Information Management Division author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 1998-12-18 monographic deposited born digital 47 p. GA 1.13:AIMD-99-25 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-99-25 P0b002ee18037d9c1 f:ai99025 DGPO 2010-08-12 2011-03-24 GAOREPORTS-AIMD-99-25 machine generated eng fdlp REPORT GAOREPORTS-AIMD-99-25 AIMD-99-25 Financial management systems Strategic information systems planning Housing programs Information resources management Private sector practices Federal agency accounting systems Cost analysis HUD Central Accounting and Program System HUD Integrated Business System HUD Integrated Disbursement and Information System Joint Financial Management Improvement Program HUD Tenant Rental Assistance Certification System FHA Financial Data Warehouse HUD Grants Evaluation Management System FHA Mortgage Insurance System HUD Real Estate Management System HUD Executive Information System HUD Geographic Information System HUD Financial Systems Integration Plan HUD Year 2000 Program Y2K HUD 2020 Management Reform Plan Letter Report AIMD The Department of Housing and Urban Development (HUD) has spent hundreds of millions of dollars during the past seven years to develop an integrated financial management system. The system is intended to provide timely and accurate information to management and enable HUD to properly manage its financial resources. Although this effort has not yet been completed, HUD has developed and deployed various modules and systems for 12 of the 14 projects initiated under the 1993 and 1997 financial systems integration strategies. The agency, however, lacks the rigorous processes needed to accurately determine how much more it will cost or how much longer it will take to achieve its financial systems integration objective, whether its efforts so far have achieved expected results, or whether its latest strategy is cost beneficial. Cost increases and schedule delays have been caused by (1) changes to the financial systems integration strategy that were not supported by thorough analyses and (2) inadequate project management and oversight. The Year 2000 computing crisis has also affected the FHA Mortgage Insurance System effort. Moreover, HUD's latest actions to establish new financial systems integration management teams and to increase its project management training program do not address and cannot correct the root cause of the problems--the lack of a data-driven management process to properly oversee and control information technology investments, such as financial systems integration. HUD has yet to implement a disciplined investment management process to select, control, and evaluate financial systems integration projects in accordance with industry best practices and as required by the Clinger-Cohen Act and the Paperwork Reduction Act. https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-99-25/html/GAOREPORTS-AIMD-99-25.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-99-25/pdf/GAOREPORTS-AIMD-99-25.pdf GAO/AIMD-99-25 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-99-25 Letter Report GAO/AIMD-99-25; HUD Information Systems: Improved Management Practices; Financial management systems Strategic information systems planning Housing programs Information resources management Private sector practices Federal agency accounting systems Cost analysis HUD Central Accounting and Program System HUD Integrated Business System HUD Integrated Disbursement and Information System Joint Financial Management Improvement Program HUD Tenant Rental Assistance Certification System FHA Financial Data Warehouse HUD Grants Evaluation Management System FHA Mortgage Insurance System HUD Real Estate Management System HUD Executive Information System HUD Geographic Information System HUD Financial Systems Integration Plan HUD Year 2000 Program Y2K HUD 2020 Management Reform Plan H. Rept. 105-769