Posts Tagged: portfoliostat

Audit Outlines Missed IT Savings Chances for Agencies

A Government Accountability Office report says federal agencies have largely not developed comprehensive plans to consolidate information technology systems under the PortfolioStat initiative, Nextgov reported Wednesday. Joseph Marks writes GAO identified 200 IT reform opportunities that could save agencies up to $5.8 billion through 2015. GAO’s savings projection is more than double the $2.5 billion… Read more »

Breaking down the first year of PortfolioStat

Last March the Office of Management and Budget unveiled PortfolioStat. The goal was simple, help agencies save time, money and resources by giving them a tool to asses their portfolio management process. Andrew McMahon is a Senior Policy Advisor at OMB. He oversees PortfolioStat. McMahon was a panelist at an AFCEA Bethesda event that the… Read more »

Revamp Government IT Portfolio with Shared First Initiative

March 30, 2012 CIO, Steven VanRoekel, issued a memorandum for the heads of Executive Departments and Agencies explaining the new goals for Federal government IT investments. The Shared First initiative is centered on achieving the highest level of efficiency for each of the 26 agencies. Each agency submitted a plan to the Office of Management… Read more »