Currently, government organizations risk US$148 million for every US$1 billion spent.

On June 12, 2013 the US House of Representatives Government Efficiency Caucus hosted the discussion "Doing More with Less: Reducing Waste and Improving Service Delivery." Hosted by House Representatives Todd Young (R-IN) and Jim Matheson (D-UT), the speakers addressed issues related to efficient program management in U.S. government agencies.

Mark A. Langley, President and CEO, Project Management Institute, presented findings from PMI's 2013 "Pulse of the Profession™" study on the high cost of low performance. The study revealed that government lags behind private sector industry in key success areas. Mr. Langley also noted that there are pockets of excellence in the Federal government using strong program management practices and seeing positive results. "It is essential to continue nurturing a program management culture government-wide," Mr. Langley said. 

Featured speakers also included Dr. Paul Light, Wagner's Paulette Goddard Professor of Public Service, New York University and Mr. Richard Garrison, Vice Chancellor, US Department of Veterans Affairs, Acquisition Academy. 

Learn more at Government Executive and The Hill, both of which reported on the caucus proceedings.

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