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Bank of England IT project offers lessons for wider government
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Bank of England IT project offers lessons for wider government
MPs on the Public Accounts Committee (PAC) were in new territory as they looked for lessons learned from a government IT project that was a resounding success. At a meeting to discuss the Bank of England’s replacement of its core IT system, MPs made clear this was a break from the usual analysis of project failures. The UK central bank’s IT transformation project to replace its Real Time Gross Settlement (RTGS) system was likened to an archaeolo…
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