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Poor Baselines Cause of Federal IT Waste, Study Finds
Study reveals that agencies don’t have the necessary training, tools or processes to develop and manage realistic baselines, negatively impacting their ability to execute effective IT project management.
The U.S. Federal government will waste an estimated $12 billion of the fiscal year 2007 IT budget due to poor planning and program performance issues, according to recent testimony by the Government Accountability Office (GAO) before the U.S. Senate. Now a new study shows that despite the importance of solid estimates to project success, agencies have neither the training, tools, nor processes available to develop and manage realistic baselines, negatively impacting their ability to execute effective IT project management.
According to results from “A Cracked Foundation,” a survey of 104 government IT executives undertaken by Price Systems, a provider of program affordability management solutions, 46 percent of failed (canceled, over-budget) projects could be avoided if project baselines were more realistic, effectively saving the federal government $5.5 billion annually. Further, only 18 percent of government IT executives express confidence in their IT program budgets, with 69 percent reporting that they typically begin noticing problems about midway through projects, the study found.
“Agencies require stronger foundations upon …
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