OMB has issued guidance for conducting PortfolioStat IT review sessions in the remainder of fiscal 2014, seeing the data-driven reviews as a way to advance the White House’s management agenda.
The agenda’s stated focus is on delivering better, faster services, increasing the quality and value of core administrative functions of government, opening government data and research, and realizing the full potential of the federal workforce.
According to the guidance, M-14-08, each of these areas depend on continuously assessing and improving the way the federal government guys, builds and deploys IT.
PortfolioStats, as in the past two years, will include a data-driven review of agency portfolio management between the federal CIO, agency deputy secretary and other senior agency officials.
OMB says sessions conducted in fiscal 2012 and 2013 identified about $2.5 billion in savings through the end of fiscal 2015, and claims agencies have saved over $1.92 billion of that.