UK government blew billions into IT projects at ‘high risk of failure’ last year
‘The British government blew £2.5bn on a number of IT projects flagged at high risk of failure in 2014/15, a Register analysis of the Major Project Authority annual report into big government programmes can reveal. The lifetime cost of all those IT projects is almost £36bn.
The annual report on the status of 188 big projects said the total budget for 2014/15 was £22bn. The total lifetime value of all those projects is £489bn over 40 years, it said.
One of the most expensive IT projects flagged as “high risk” was Universal Credit. The total lifetime cost of the project has increased by £3bn over the last two years to £15.85bn.’
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