Wednesday, May 23, 2012

OMB To Meet With Agencies To Discuss Financial Systems

July 12, 2010 | 10:08 AM

White House officials next week will start meeting individually with federal agencies to lift a freeze on the development of financial system projects they instituted in June, officials said on Friday.

The Office of Management and Budget on June 28 halted all federal financial system modernizations -- about 30 projects -- to shrink their scope and timetable in hopes of improving the cost-efficiency of the networks. After a govermentwide review of financial systems found most were behind schedule and over budget, OMB diagnosed the problem: the systems' requirements were beyond what agencies actually need.

Continue reading on NextGov.com.

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Juliana Gruenwald has been covering tech and telecom issues for more than a decade for National Journal, Interactive Week, BNA and Congressional Quarterly. This is her second stint with National Journal. She was recruited by NJ in 1998 to help launch its first tech policy publication, Technology Daily. She left in 2000 to cover international tech and telecom issues for Ziff Davis Media's Interactive Week magazine. She started her career at United Press International as the wire service's first Helen Thomas Intern. She has a Bachelor of Arts degree from the University of Minnesota. A Minneapolis native, she misses the lakes but not the cold.


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