GAO: Billions Wasted on Federal IT Projects

Posted: 125 days ago

More than 400 U.S. government agency IT projects worth an estimated $25 billion are suffering from poor planning and are underperforming, the GAO says in a report. Sen. Tom Carper claims even projects that are performing well are repeatedly rebaselining to cover cost overruns. - WASHINGTON Government agencies are spending billions of dollars on IT investments that are redundant, lack clear goals and are managed by unqualified individuals, U.S. Sen. Tom Carper, D-Del., said July 31. Some of the projects have been delayed for more than a decade and are costing billions ...