Feeds

Olympic planners left IT out of the budget

D'oh

Gartner critical capabilities for enterprise endpoint backup

The government failed to account for the costs of IT when putting together its budget for the 2012 Olympic Games, according to the bean counter watchdogs of the Public Accounts Committee (PAC).

In its 39th report, the PAC said the Olympic Delivery Authority had neglected to include additional costs of £400m, which would cover "IT and site mobilisation and the costs of the CLM Consortium", a project management group appointed by the Olympic Delivery Authority to help it get everything in on time.

This £400m oversight was part of a £900m increase in the total budget for the Olympic Park, announced in 2006. The PAC says the massive underestimate was a result of using the costs of an "urban development corporation" as a benchmark for the running costs of the Olympic Delivery Authority. And they say private sector isn't leaner than public.

The report also found the authority has "seriously overestimated" the amount of private sector funding it was likely to receive. Planners budgeted for £738m of private sector funding, but it turned out that there was not enough time to negotiate the necessary contracts, so the money is unlikely to materialise.

The games were originally expected to cost around £2bn. That figure has since risen to £9bn. And although they managed a £400m tech-related oversight, at least planners managed to get the London Olympic logo in on time and looking just fabulous. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
The Return of BSOD: Does ANYONE trust Microsoft patches?
Sysadmins, you're either fighting fires or seen as incompetents now
Microsoft: Azure isn't ready for biz-critical apps … yet
Microsoft will move its own IT to the cloud to avoid $200m server bill
Oracle reveals 32-core, 10 BEEELLION-transistor SPARC M7
New chip scales to 1024 cores, 8192 threads 64 TB RAM, at speeds over 3.6GHz
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
Object storage bods Exablox: RAID is dead, baby. RAID is dead
Bring your own disks to its object appliances
Nimble's latest mutants GORGE themselves on unlucky forerunners
Crossing Sandy Bridges without stopping for breath
A beheading in EMC's ViPR lair? Software's big cheese to advise CEO
Changes amid rivalry in the storage snake pit
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.