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GAO: FITARA next big step in realizing PortfolioStat success

Federal agencies aren\'t saving as much money as they expected from the 2013 PortfolioStat initiative. The Government Accountability Office says they wound up s...

Federal News Network Staff

April 20, 2015 4:28 pm

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wfedstaff | June 4, 2015 7:46 pm

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Federal agencies aren’t saving as much money as they expected from the 2013 PortfolioStat initiative. The Government Accountability Office says they wound up saving about $2 billion during the past two years, which is about 70 percent less than the $6 billion they anticipated. Dave Powner is director of information technology management issues at GAO. On In Depth with Francis Rose, he said agencies are actually saving more money than they think.