Project management and financial monitoring in public sector: An information support system

Michaela Kastanoulia; Fotios Petropoulos; Akrivi Litsa; Mike Nikitas; Elli Pagourtzi; Vassilios Assimakopoulos

doi:10.1504/IJEF.2011.040456

Project management and financial monitoring in public sector: An information support system

Michaela Kastanoulia, Fotios Petropoulos, Akrivi Litsa, Mike Nikitas, Elli Pagourtzi, Vassilios Assimakopoulos

Research output: Contribution to journal › Article › peer-review

1 Citation (SciVal)

Abstract

This research introduces a specialised information support system that was designed and implemented for project management and financial monitoring in public sector of funded projects, under the Greek National Strategic Reference Framework (NSRF). Its goal was to ensure effective data monitoring and controlling for the Ministry of National Defense. The proposed system incorporates electronic finance features in terms of financial monitoring and reporting, resulting in optimised effectiveness and efficiency, through strict management along the project life cycle, and improved financial performance. The system adopts private sector's management styles and techniques, contributing thus in the process of public sector reengineering.

Original language	English
Pages (from-to)	105-125
Number of pages	21
Journal	International Journal of Electronic Finance
Volume	5
Issue number	2
DOIs	https://doi.org/10.1504/IJEF.2011.040456
Publication status	Published - 30 May 2011

Bibliographical note

Publisher Copyright:
Copyright © 2011 Inderscience Enterprises Ltd.

Keywords

E-auditing
E-finance
E-government
Financial monitoring
Greece
Project monitoring information system
Public sector reengineering

ASJC Scopus subject areas

Finance
Computer Science Applications
Computer Networks and Communications
Management of Technology and Innovation

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10.1504/IJEF.2011.040456Licence: Unspecified

Cite this

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AU - Litsa, Akrivi

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AU - Pagourtzi, Elli

AU - Assimakopoulos, Vassilios

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AB - This research introduces a specialised information support system that was designed and implemented for project management and financial monitoring in public sector of funded projects, under the Greek National Strategic Reference Framework (NSRF). Its goal was to ensure effective data monitoring and controlling for the Ministry of National Defense. The proposed system incorporates electronic finance features in terms of financial monitoring and reporting, resulting in optimised effectiveness and efficiency, through strict management along the project life cycle, and improved financial performance. The system adopts private sector's management styles and techniques, contributing thus in the process of public sector reengineering.

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KW - E-government

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Project management and financial monitoring in public sector: An information support system

Abstract

Bibliographical note

Keywords

ASJC Scopus subject areas

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