Sunday, November 15, 2009

Some IT projects may have $2 billion in overruns, GAO says Overspending likely to increase

The Homeland Security and Commerce departments along with NASA have the largest cost overruns among current major federal information technology projects, according to a new report from the Government Accountability Office. Overall, GAO found $2 billion in cost overruns in 16 federal IT acquisition programs with overruns or schedule slippages, or both...

Read more at FCW.com

http://fcw.com/articles/2009/11/09/federal-agencies-see-2-billion-in-cost-overruns-on-16-projects-gao-says.aspx?s=fcwdaily_101109

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