Project Portfolio Management in action: US temporarily halts 45 IT projects (budgeted @$200 million)

As per Demian Entrekin's excellent blog on http://it.toolbox.com/blogs/ppmtoday , the US National CIO Vivek Kundra has embarked on an impressive and BIG IT project portfolio management and reporting initiative ( accessible via http://www.usaspending.gov/ ).

Today (Friday July 17th), a formal announcement on the related blog http://it.usaspending.gov/?q=content/blog confirms that 45 major federal IT projects are actually being temporarily halted. So the major USA federal PPM initiative is not merely a reporting tool, it is actually being used for taking meaningful and consistent action when project overruns are detected:

"Friday, July 17, 2009

Evidence-based decisionsVivek Kundra, Federal CIO

Today, the Department of Veterans Affairs (VA), under the leadership of Secretary Shinseki and VA CIO Roger Baker, announced that it will temporarily halt 45 IT projects which are either behind schedule or over budget and work to determine whether these programs should be continued. We’re not talking about a trivial sum here—the Fiscal Year 2009 combined budget for the 45 projects is approximately $200 million. The worst offender of the bunch was 110% over budget and 17 months behind schedule.

We were able to catch these contracts, in part, thanks to our new tool, the "IT Dashboard” which helped shed light on the performance of projects across the federal government.

During the next few weeks, the VA will audit these 45 projects to determine whether additional resources or new management teams can get them back on schedule.

If they can’t be fixed, the projects will be canceled.If you are just hearing about the IT Dashboard for the first time, it allows you to see which IT projects are working and on-schedule (and which are not), offer alternative approaches, and provide direct feedback to the chief information officers at federal agencies.

Given the size and complexity of the federal IT portfolio, the challenges we face are substantial and persistent. The dashboard is not a substitute for good management. Its value comes from leaders who use the information to make tough, evidence-based decisions on the future of IT investments.

The VA’s announcement is part of a broader effort by the Administration to make the federal government more transparent and to boost accountability and drive better performance. From IT accountability to personnel and contracting reforms, the administration is committed to providing better value, efficiency, and effectiveness for taxpayers’ dollars."

Hat tip: http://twitter.com/nytimesbits/statuses/2690095160