Program and Project Financial Needs Assessment

Details

• Creators:
  Dye, William ; Fish, David ; Devore, Jennifer
• Corporate Creators:
  Dye Management Group, Inc.
• Corporate Contributors:
  Arizona. Department of Transportation ; United States. Department of Transportation. Federal Highway Administration
• Subject/TRT Terms:
  Best Practices Budgeting Change Order Tracking Construction Projects Data Analysis Data Warehouse Financial Analysis Financial Policies And Procedures Policy Procedures Project Accounting Project Budgeting Project Commitment Project Controls Project Management Project Obligations Project Reporting Reporting Reporting Tools Warehouses

  More +
• Publication/ Report Number:
  FHWA-AZ-02-515
• Resource Type:
  Tech Report
• Geographical Coverage:
  United States
• Corporate Publisher:
  Arizona. Department of Transportation
• Abstract:
  This report presents the findings and recommendations of Dye Management, Inc. to improve project budgeting, accounting, and reporting for the Arizona Department of Transportation. The project was conducted in five tasks: · Initiate Project · Document Requirements · Survey Project Financial Management Best Practices · Analyze Alternatives and Recommend Options · Develop Preferred Option Implementation Plan Reports were provided to ADOT for each of these tasks. These separate reports are consolidated into this report. The report presents requirements for improving the financial controls and reporting for ADOT projects. Four financial improvement projects were recommended to address the needs of ADOT. For projects that had technical alternatives, the alternatives are presented with a recommended approach. Dye Management Group conducted a literature search and a survey of practices employed by other transportation organizations to support project budgeting and accounting. The best practices information obtained from this effort contributed the recommended solutions to improve ADOT’s financial information. The final chapter is an implementation plan for the preferred alternatives. The four projects are: Budget Processes and Architecture, Budget and Financial Reporting, Financial Policies and Procedures, and Financial Training The implementation plan identifies tasks and subtasks required to complete each project.
• Format:
  PDF
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha-512:09f44a00d2605974cb855e9ec56f9b07de8215448e035c13ff4a275b726b15f429cc101639fb2d14dff1c60692c4eccc059b779d406a02f2f451eddb35414e2e
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/29432/dot_29432_DS1.pdf
• File Type:
  [PDF - 568.47 KB ]