High-Risk Series: An Update Page: 4 of 184
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in overseeing agency efforts is needed to make further
headway in producing lasting solutions.
Over time, as high-risk operations have been corrected
and other risks have emerged, we have removed areas
from the list and added new ones to keep the Congress
current on areas needing attention. The appendixes to
this report show this chronology, provide our current
high-risk list, and identify GAO staff who can provide
The determinations of which government operations are
considered "high risk" in our 1999 update report were
made using the same methodologies and criteria as prior
reports. This was done in order to assure consistency in
approach between update reports and minimize related
"expectation gaps" on the part of the departments and
agencies being reviewed. An increasing amount of
information is becoming available as a result of
implementation of various federal management reform
initiatives, such as the Results Act and the Chief Financial
Officers Act. This information makes it possible and
appropriate to periodically reassess the methodologies
and criteria used to determine which operations,
functions, and entities are considered "high risk."
GAO plans to undertake a comprehensive review and
reassessment of this area, employing matrix management
and other concepts, for use in our next update report
scheduled for 2001. In conducting this review and
reassessment, and consistent with our normal practices,
GAO/HR-99-1 High-Risk Update
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United States. General Accounting Office. High-Risk Series: An Update, text, January 1, 1999; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc292402/m1/4/: accessed November 15, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.