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accepted accordance Accounting Office acquire hardware actions to develop activities additional Administration's Loan Monitoring Agency Comments agreed alternatives analyses Briefing on Small Business Administration's Loan business processes Business Reauthorization Act Challenges changes Chief Information Officer Committee on Small completing the mandated Conclusion conducted continued contract copies define definition develop and implement developing software Director documentation draft electronic loan guarantee electronic processing establish evaluation February functions further guarantee application software hardware or software identified implement software Issues lender oversight loan guarantee application Loan Monitoring System management and lender meeting modifications Monitoring System GAO's Objective obtain October 9 performance PIMS software practices production prototype software recommendation requested requirements result risk management SBA Loan Monitoring SBA's separated from LMS September Small Business Administration Small Business Administration's Small Business Reauthorization standards system development methodology System GAO's October testified Washington
Page 7 - June 30, 1998). * Small Business Administration: Planning for Loan Monitoring System Has Many Positive Features But Still Carries Implementation Challenges (GAO/T-AIMD-98-233, July 16, 1998).
Page 8 - SBA should perform benefit-cost analyses of all identified alternatives, determine the benefits and costs of each alternative, evaluate alternatives by comparing their benefits and costs, and select the best alternative for implementation. This will increase the probability that SBA will obtain a system that meets its needs at the lowest cost. SBA's Information Architecture Is Incomplete An information technology architecture is a blueprint— consisting of logical and technical components — to...