6 IT Projects are $8 Billion Over Budget at the Dept of Defense

McGruber writes: The Federal Times has the stunning but not surprising news (http://www.federaltimes.com/article/20120723/DEPARTMENTS01/307230001/At-DoD-6-projects-8-billion-over-budget) that a new audit has found that Six Defense Department modernization projects are a combined $8 Billion — or 110 percent — 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 (GAO) issued their report "Actions Needed to Improve Implementation of the Army Logistics Modernization Program" (http://www.gao.gov/products/GAO-10-461) 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 often-maligned Duke Nukem Forever (http://en.wikipedia.org/wiki/Duke_Nukem_Forever) only took 15 years.)

Prime contractors Computer Sciences Corp, Accenture, IBM and CACI obviously have learned the "If you're not a part of the solution, there's good money to be made in prolonging the problem" lesson! (http://www.despair.com/consulting.html)