The National Aeronautics and Space Administration’s (NASA) portfolio of major projects in the development stage of the acquisition process continues to experience cost increases and schedule delays. This marks the fifth year in a row that cumulative cost and schedule performance deteriorated (see figure). The cumulative cost growth is currently $9.6 billion, driven by nine projects; however, $7.1 billion of this cost growth stems from two projects—the James Webb Space Telescope and the Space Launch System. These two projects account for about half of the cumulative schedule delays. The portfolio also continues to grow, with more projects expected to reach development in the next year.
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Website: | Visit Publisher Website |
Publisher: | Government Accountability Office (GAO) |
Published: | May 1, 2021 |
License: | Public Domain |