New guidance from the White House seeks to get agencies to break “bloated, multi-year” projects for information technology acquisitions into more manageable chunks that can be delivered quickly and for less money. Lengthy acquisition and IT development efforts to deliver massive new systems over years lead to projects that wasted billions of dollars and arrived years behind schedule, Joe Jordan, the Office of Federal Procurement Policy administrator, and Steven VanRoekel, the federal chief information officer, said in a June 14 blog post. By the time some projects launched, technology was obsolete, the officials wrote. The guidance is meant to show IT, acquisition, finance and…