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View Full Version : 07/30/07 GAO Reports Cites Weakness in Treasury Dept's IT budget



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07-30-2007, 09:39 AM
One out of every four dollars spent by the U.S. Department of the Treasury goes to IT. But the agency’s management of its $2.8 billion IT budget has “significant weaknesses,” according to a report by the Government Accountability Office.

The GAO looked at the Treasury Department through the lens of the Information Technology Investment Management framework, a five-stage “maturity model” that the GAO created for use by federal agencies.

But it still needs to establish an investment review board, with executives from IT and its operating units, to make the final decisions on proposed IT projects, the GAO said.

For more information:
http://www.computerworld.com/action/article.do?command=viewArticleBasic&taxonomyName=it_in_government&articleId=299757&taxonomyId=69&intsrc=kc_top