The Government Accountability Office has urgedÂ agencyÂ chief information officers to frequently update their ratings for agency information technology investments on the web-basedÂ Federal IT Dashboard system.
GAO said Thursday it conducted a performance audit onÂ 95 federal IT programs that were active from April 2015 toÂ June 2016 atÂ 17 agencies and compared CIO rating processes to guidance established by the Office of Management and Budget.
Auditors found 40Â of CIO-issued ratings for assessedÂ investments were not updated at the time of auditÂ andÂ that the rating processes of seven agencies did not factor active risks.
“GAO’s assessments generally showed more risk than the associated CIO ratings,” the agency noted.
“In particular, of the 95 investments assessed, GAO’s assessments matched the CIO ratings 22 times, showed more risk 60 times, and showed less risk 13 times.”
GAO added the agencies’Â risk rating processes understate the level of risk, increasingÂ the probabilityÂ that keyÂ federal IT investments do not receiveÂ adequateÂ oversight.
The government watchdog recommended that agency CIOs factorÂ active risks into the ratings they post on dashboard.