An internal audit at the Central Bank of Ireland (above) found nearly thirty percent of key projects were going over budget with some getting bogged down in over-complicated bureaucracy.

An internal audit at the Central Bank found nearly 30 per cent of key projects were going over budget with some getting bogged down in over-complicated bureaucracy.

The report said that of 28 key projects, one in five had missed their deployment deadline and a small number cost far more than anticipated.

A key problem identified was the need for projects to pass through no less than six separate governance committees.

It said

📰

Continue Reading on The Irish Times

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article →