GAO: High-Risk Series – An Update February 2011 (NASA Excerpt)
“The National Aeronautics and Space Administration (NASA) plans to invest billions of dollars in the coming years to explore space, understand Earth’s environment, and conduct aeronautics research. GAO has designated NASA’s acquisition management as high risk in view of persistent cost growth and schedule slippage in the majority of its major projects. GAO’s work has focused on identifying a number of causal factors, including antiquated financial management systems, poor cost major systems.”
