Some things transcend borders and cultures
Headline: “Gov’t IT project ‘failed’ with $12mil misappropriated”
Location: Vietnam.
VietNamNet Bridge – More than 20% of the funds already disbursed for a multi-million dollar project that aimed to computerise Government offices nationwide has been misallocated, according to a new report from the State Audit Agency.
The State Audit Agency said Project 112 had misallocated nearly VND195bil (US$12mil) in funds.
Of that amount, VND110bil ($6.8mil) had been misused at 43 sub-projects at ministries and provinces, according to reports released by the agency last week.
In April, Prime Minister Nguyen Tan Dung called a halt to the project after discrepancies were reported in the allocation of state funds.
Welcome to the wonderful world of IT projects! ..bruce..
Category: Information Technology, Main, Pitfalls, Project Management
About the Author (Author Profile)
Webster is Principal and Founder at Bruce F. Webster & Associates, as well as an Adjunct Professor of Computer Science at Brigham Young University. He works with organizations to help them with troubled or failed information technology (IT) projects. He has also worked in several dozen legal cases as a consultant and as a testifying expert, both in the United States and Japan. He can be reached at bwebster@bfwa.com, or you can follow him on Twitter as @bfwebster.Subscribe
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