Hello, Guest.!

Federal CIO, GSA Release IT Cost Transparency Guide

1 min read

The office of the federal chief information officer (CIO) has partnered with the General Service Administration's (GSA) Office of Government wide Policy (OGP) to develop a cost transparency guide for information technology programs.

Nonprofit organization Technology Business Management (TBM) said Tuesday the Federal Technology Investment Management (FTIM) community of practice (CoP), which operates under the federal CIO, collaborated with OGP for the guidance that was based on TBM's framework for transparency, delivering value, shaping business demand and planning and governing.

The framework will enable agency CIOs to better understand and communicate the business and mission value of IT spending to senior executives, mission support offices, and program managers.

The IT cost transparency guide covers five key priorities, namely capital planning and investment control, cybersecurity, data, acquisitions and IT modernization. The five points were selected based on the focus of the President Management’s Agenda, the CIO Council and Congress. 

The focus areas are meant to address the Office of Management and Budget's (OMB) requirements, in addition the CIO Council and Congress’ program goals and the President's Management Agenda, TBM noted.