OMB will launch a new tool – dubbed "PortfolioStat – that agencies can use to assess their IT portfolio management processes and make decisions on eliminating duplication across their organizations.
The new tool can be used in the next phase of the administration’s IT management reform initiative, following on to a push to carry out "TechStat" reviews of IT projects, in which data is brought to bear in determining whether to cancel or modify them.
Over the next year agency deputy secretaries or chief operating officers are required to lead agency-wide IT portfolio reviews within their organizations, working in coordination with CIOs, CFOs and chief acquisition officers.
OMB said that by June 15, agencies will complete a high-level survey of agency IT portfolio status and a bureau level information requests for specific types of commodity IT investments that will be used to baseline the maturity of agency portfolios.
Then, using the portfolio data gathered along with other data available at the bureau and agency level, COOs will establish targets for commodity IT spending reductions and deadlines for meeting them, OMB said.
It said they also will illustrate how investments within the IT portfolio align with the agency’s mission and business functions, establish criteria for identifying redundant investments, and improve governance and program management utilizing best practices and benchmarks.