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Unread 07-28-2012, 01:01 PM
sl4shd0t
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Default 6 IT Projects, $8 Billion Over Budget At Dept. of Defense

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McGruber writes "The Federal Times has the stunning (but not surprising) news that a new audit found six Defense Department modernization projects to be a combined $8 billion &mdash; or 110 percent &mdash; over budget. The projects are also suffering from years-long schedule delays. In 1998, work began on the Army's Logistics Modernization Program (LMP). In April 2010, the General Accounting Office issued a report titled 'Actions Needed to Improve Implementation of the Army Logistics Modernization Program' about the status of LMP. LMP is now scheduled to be fully deployed in September 2016, 12 years later than originally scheduled, and 18 years after development first began! (Development of the oft-maligned Duke Nukem Forever only took 15 years.)"

Read more of this story at Slashdot.


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