GAO: Billions Spent on IT, But Efectiveness is Unclear
November 19, 2012
Federal agencies are spending billions of dollars on legacy information technology systems without fully understanding if those systems are meeting their needs, according to a recent government report.
A review of 75 major IT systems, totaling $4.6 billion in annual operations and maintenance costs, found that agencies had not properly examined the effectiveness of more than half of those legacy investments in terms of cost, schedule and performance goals, as required by the Office of Management and Budget, according to an October report released last week by the Government Accountability Office.