The Resource Information Technology Investment: Agencies Can Improve Performance, Reduce Costs, and Minimize Risks

Information Technology Investment: Agencies Can Improve Performance, Reduce Costs, and Minimize Risks

Label
Information Technology Investment: Agencies Can Improve Performance, Reduce Costs, and Minimize Risks
Title
Information Technology Investment: Agencies Can Improve Performance, Reduce Costs, and Minimize Risks
Contributor
Subject
Language
eng
Summary
In recent years, the Congress and the public have increased their demand for a smaller government that provides improved services at a lower cost. To keep pace with rising expectations, the federal government must focus on dramatically improving operations. Such improvement will require strengthened management of three fundamental assets: personnel, knowledge and information, and capital property/fixed assets. Investments in information technology (IT) can have a dramatic impact on all three of these assets. However, an IT project's impact comes from how the investment is selected, designed, and implemented, not from the amount of money that is spent. In this age of constrained resources, federal executives must find ways to spend more wisely, not faster. The management of IT projects, however, has long been a significant problem for many federal agencies. Federal information systems often cost millions more than expected, take longer to complete than anticipated, and fail to produce significant improvements in the speed, quality, or cost of federal programs. Some private and public sector organizations, on the other hand, have achieved significant performance improvements by managing their IT resources within an overall management framework that aligns technology with business needs and priorities. In order to better understand how federal managers can reduce risks, control costs, and use technology to improve performance, GAO was asked to compare and contrast the investment management practices and decision processes used by leading private and public sector organizations with a small group of federal agencies
Cataloging source
DTICE
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
GENERAL ACCOUNTING OFFICE WASHINGTON DC ACCOUNTING AND INFORMATION MANAGEMENT DIV
http://library.link/vocab/subjectName
  • United states government
  • Information systems
  • Cost effectiveness
  • Efficiency
  • Operational effectiveness
  • Control
  • Commerce
  • Organizations
  • Management planning and control
  • Decision making
  • Investments
  • Impact
  • Low costs
  • Costs
  • Management personnel
  • Executives
  • Coast guard
  • Administration and Management
  • Economics and Cost Analysis
  • Government and Political Science
Label
Information Technology Investment: Agencies Can Improve Performance, Reduce Costs, and Minimize Risks
Instantiates
Publication
Note
Report to Congress
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Extent
76 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE
Media category
computer
Media MARC source
rdamedia
Media type code
c
Note
Hein Online
System control number
  • (OCoLC)227834567
  • (OCoLC)ocn227834567
Label
Information Technology Investment: Agencies Can Improve Performance, Reduce Costs, and Minimize Risks
Publication
Note
Report to Congress
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Extent
76 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE
Media category
computer
Media MARC source
rdamedia
Media type code
c
Note
Hein Online
System control number
  • (OCoLC)227834567
  • (OCoLC)ocn227834567

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