Final project-PM230

PM 230 – Financial Management in Government
AY 2019-2020
Guidelines for Final Project
Percent equivalent of the final grade:

This final project serves as your final exam and is equivalent to 30 percent of the final
grade.
Task: Identify a financial management best practice in your local government or your
agency where you currently work or any agency which you choose as long as you will be
allowed to collect data. Those connected with NGOs or private firms may use their
organization.
General Instructions:
1. The assignment should be in MS Word format. It must be computerized using Arial Font
11 on letter-sized bond paper, single-spaced between lines but double-spacing between
paragraphs, and with margins of 1” on all sides.
2. Write your name and your student number on the upper left side of the first page. Page
number should be at the lower right side of the paper.
3. Your answers should not be more than 6 pages (including tables and references). Make it
concise and to the point.
4. Use the filename “YourSurname_finalproject.doc”. For example: Ascan_finalproject.doc.

If any of you have the same surname please include your first name – for example:
TriciaAscan_finalproject.doc. Do not submit in pdf format.
5. Post or upload your final project on the submission bin on the course site.
6. A submission bin will be opened on a specified date (please refer to the Course Guide).
7. Late submission will incur penalty. Please refer to the Course Guide (under the House
Rules section) for details.
8. References, information sources must be properly acknowledged. Avoid plagiarism.
Specific Guidelines in Answering the Task
For this project, you may need to interview key people in your local government or agency.
You will also need to do some research and secondary data gathering.
1. Identify a best practice in a specific area in financial management that your local
government or agency you are employed or affiliated with is implementing. It could be in
terms of budgeting and budget execution, revenue generation or mobilization, accounting
and reporting systems, management of assets and liabilities, accountability and
transparency, and internal control. CHOOSE ONLY ONE AREA.
2. To help you in identifying a best practice, the following description may be used as your
general guide. Best practices include methods, approaches, or practices, which positively
impacts the LGU or agency’s financial performance. It may also be innovation or initiatives
that resulted in improvement in the financial condition of an LGU or agency. Best practices
also have the characteristics of being replicable and sustainable.
You may read the following resource as a reference:
http://blgf.gov.ph/wp-content/uploads/2015/08/LGU-Best-Practices.pdf
3. You may use the following outline in writing your report:
a. Brief profile of the LGU or agency (vision, mission, goals, objectives,

organizational structure, no. of employees, total population (for LGU), total revenues, total
expenditures, total assets and liabilities, etc)
b. What is the best practice that this LGU or agency adopts or adopted in terms of
the area you have identified. Describe how it came about, the objectives behind it, and its
implementation process.
c. What are the challenges or problems encountered in its implementation?
d. What is the impact of the best practice in the LGU or agency? The following
criteria are some examples depending on your chosen area:
i. Economic development (for LGU)
ii. Community development (for LGU)
iii. Citizen participation
iv. Improved fiscal management
v. Better tax collection/revenue generation
vi. More transparent and accurate financial reporting system
vii. Better internal control system resulting in early detection of fraud, etc.
viii. Increase in budget allocation/resource allocation
Again, please note that there are just examples of the impact resulting in the
implementation of the best practice. You may have to identify other criteria based on your
interviews and research.
e. What do you think are factors that make this best practice successful in your LGU
or agency? Any suggestion to further improve it?
Evaluation Criteria
Refer to the rubric for written report that is uploaded in the course site.

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Final project-PM230

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PM 230 – Financial Management in Government

Guidelines for Final Project

Percent equivalent of the final grade:

4. Use the filename “YourSurname_finalproject.doc”. For example: Ascan_finalproject.doc.

8. References, information sources must be properly acknowledged. Avoid plagiarism.

Specific Guidelines in Answering the Task

3. You may use the following outline in writing your report:

a. Brief profile of the LGU or agency (vision, mission, goals, objectives,

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