Treasury fails to apply best IT management practices.(United States Department of the Treasury)

NextGov.com | August 11, 2009| | Copyright

Byline: Gautham Nagesh, gnagesh@govexec.com

The Treasury Department has not fully implemented best practices for tracking and managing information technology investments, according to a Government Accountability Office report released on Monday.

Comment on this article in The Forum.Treasury has not applied earned value management, an approach that, if done correctly, produces early warning signs of problems that can lead to project delays and cost increases, GAO found. Treasury's fiscal 2008 IT budget is about $3 billion, making it crucial for the department ...

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