$10.4B In IT Projects At Risk Of Failure, GAO Says

Law360, New York (July 25, 2013, 1:47 PM EDT) -- The federal government has taken some steps to improve its efforts at not wasting money on failed information technology projects, but $10.4 billion in projects are still at risk, the U.S. Government Accountability Office said Thursday in prepared remarks for a congressional hearing.

David A. Powner, the GAO's director of information technology management issues, testified before the U.S. House of Representatives Committee on Oversight and Government Reform's Subcommittee on Government Operations, saying that his agency has made numerous recommendations about such cost savings but only some...
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