Information Technology: Improvements Needed to More Accurately Identify and Better Oversee Risky Projects Totaling Billions of Dollars, Full-text GAO-06-1099T, and Highlights, September 7, 2006.
“As a result of the Management Watch List and high risk projects processes, about 300 projects totaling about $12 billion in estimated IT expenditures for fiscal year 2007 have been identified as being either poorly planned or poorly performing. Specifically, of the 857 major IT projects in the President’s budget for fiscal year 2007, OMB placed 263 projects, representing about $10 billion on its Management Watch List.”
Related: “The Clinger-Cohen Act (CCA) of 1996 provides that the government information technology shop be operated exactly as an efficient and profitable business would be operated.”
