Author Topic: Technology in Capital Planning and Management  (Read 196 times)

Napodano

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Technology in Capital Planning and Management
« on: June 03, 2014, 12:30:28 GMT »
'Organizations use a variety of software to assist in managing their capital programs.  Systems that support capital programming commonly found in government include: enterprise resource planning (ERP), financial management, fixed asset management, budget development, geographic information systems (GIS), constituent relationship management (CRM), computerized maintenance management (CMMS), business intelligence (BI)/analytic, and a variety of spreadsheets and custom developed databases.  Further, individual departments within a single organization often own and operate their own systems, resulting in information being dispersed with no single source providing complete information on the capital program.' Source: http://www.gfoa.org/technology-capital-planning-and-management .

What is your experience on the use of technology in capital planning and management. Mine goes back to the use to the then sophisticated COMFAR appraisal software application developed by UNIDO http://www.unido.org/fileadmin/media/documents/pdf/Energy_Environment/COMFAR.pdf
« Last Edit: June 04, 2014, 15:27:11 GMT by Napodano »

John Short

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Re: Technology in Capital Planning and Management
« Reply #1 on: June 04, 2014, 14:19:31 GMT »
Let's hope that the underlying methodology of CBA is understood first and it is not the software that is driving the "business process" but the other way round!  How many times  in PFM is this not the case?

 

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