Major IT investment

Definition
In the U.S. federal government, a major IT investment means

{{Quote|a system or an acquisition requiring special management attention because it: has significant importance to the mission or function of the agency, a component of the agency, or another organization; is for financial management and obligates more than $500,000 annually; has significant program or policy implications; has high executive visibility; has high development, operating, or maintenance costs; is funded through other than direct appropriations; or is defined as major by the agency's capital planning and investment control process. GAO, Information Technology: Investment Oversight and Management Have Improved but Continued Attention Is Needed, at 1 n.2 (GAO-11-454T Mar. 17, 2011) (full-text).