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 <subject>Computer software verification and validation</subject>
 <subject>Systems conversions</subject>
 <subject>Y2K</subject>
 <subject>Strategic information systems planning</subject>
 <subject>Systems compatibility</subject>
 <subject>Information systems</subject>
 <subject>Information resources management</subject>
 <subject>Data integrity</subject>
 <subject>Cost analysis</subject>
 <subject>Future budget projections</subject>
 <identifier>Y2K</identifier>
 <type>Testimony</type>
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 <title>Year 2000 Computing Challenge: Estimated Costs, Planned</title>
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<abstract>Meeting the Year 2000 challenge has been necessary but expensive.
Estimated federal costs rose from $2.3 billion in February 1997 to $8.7
billion as of last month. Between just February and May of this year,
the estimated cost rose $1.2 billion. The 24 major federal agencies have
reported Year 2000 costs exceeding $3 billion through fiscal year 1998.
This year, agencies have requested emergency funds. They plan to spend
much of this money on renovation, validation, and implementation
activities, along with replacing personal computers and network hardware
and software. Estimated future costs continue to climb. One major
unknown is whether agencies will have to implement their business
continuity and contingency plans. Such plans, if triggered, could entail
substantial costs. GAO intends to review the agency plans submitted to
the Office of Management and Budget and advise Congress of potential
funding ramifications. Another less direct, but undeniable, issue
associated with the Year 2000 challenge has been the postponement of
many program and information technology initiatives so that resources
can be devoted to the Year 2000 problem.</abstract>
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<note>Testimony</note>
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 <topic>Computer software verification and validation</topic>
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 <topic>Information systems</topic>
 <topic>Information resources management</topic>
 <topic>Data integrity</topic>
 <topic>Cost analysis</topic>
 <topic>Future budget projections</topic>
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