OMB Launches PortfolioStat to Track IT Spending

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The Office of Management and Budget is working to reduce overlapping information technology government contracting services, Federal Chief Information Officer Steven Van Roekel wrote in a April 30 White House blog post.

Jeffery Zients, deputy director for management at OMB, recently signed a memorandum launching PortfolioStat, an agency-wide IT portfolio management tool.

VanRoekel originally mentioned PortfolioStat in November last year.

He wrote PortfolioStat will help agencies “look into the darkest corners of the organization to find wasteful and duplicative IT investments.”

The move is an expansion of TechStat, originally designed by VanRoekel’s predecessor Vivek Kundra, as a way to target troubled technology projects.

VanRoekel wrote that deputy secretaries or chief operating officers are now required to lead agency-wide IT portfolio reviews within their respective organizations.

In conjunction, agencies will also have to complete a high-level survey of agency IT portfolio status and a bureau level information request by June 15 for specific types of commodity IT investments.

VanRoekel wrote the results will be used to baseline the maturity of agency portfolios and identify what he views as wasteful, low-value or duplicative IT projects.

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