It’s the time of year when many of us take stock of the last 12 months and vow to improve next year. We will be smarter, more organized, perhaps even try something new. The numerous Integrity Matters articles written by our on-the-ground experts in 2014 provide a leg up for the New Year. They contain …
Continue reading “Acquisition and Program Management Tools for 2015”
Cybersecurity has been one of the fastest growing sectors in the federal government over recent years, with round-the-clock threats in an online world. In fact, the Government Accountability Office (GAO) reported in June that “the number of cyber incidents reported by federal agencies increased in fiscal year 2013 significantly over the prior three years,” and …
Continue reading “Are You Making the Business Case for Federal Cybersecurity?”
No matter how products and services are being acquired, financial analysis can help in decision making to acquire the requirements in the best and most cost effective ways. Federal Government acquisition uses frameworks and processes that leverage several financial tools to maximize the value procured from the solution while decreasing the risk of wasted resources. …
Continue reading “Better Acquisition Decisions through Financial Analysis – Part 2”
Government spending has become a political football, and with budget cuts and sequestration, there is greater pressure to spend taxpayer dollars in the most cost effective way and to be able to prove that we are doing so. It seems like a daunting challenge, as more scrutiny has been placed on Federal programs that are …
Continue reading “Better Acquisition Decisions through Financial Analysis”
You don’t have work in the federal budget field to know that agencies are closely reviewing every budget line item to see where they can streamline to reduce costs. It is vital that government Program Managers (PMs) understand the importance of building and reporting on sound business cases for their investments – the OMB300 process. …
Continue reading “How to Get Buy-In on the Value of the Business Case”
With budgets and resources stretched more than ever, portfolios are under fire to demonstrate the value of their investments through sound business cases. One way to show soundness is to demonstrate the business cases are compliant and coherent. But how is this accomplished? Based on my experience supporting teams through many Capital Planning and Investment …
The age of sequestration has started; several departments across the federal government have seen significant budget cuts. As departments scramble to find funding and make the appropriate adjustments to their budgets for Fiscal Year (FY) 14 and beyond, it can be tempting to cut support for the Capital Planning and Investment Control (CPIC) process. The …
Continue reading “The Importance of CPIC in the Age of Sequestration”
In my first post about the OMB 300/53, I laid out the operational basics, the scoring, and important stakes behind managing the business case process. It’s not easy to achieve an all green scorecard at the end of this process. But, it is do-able, if you anticipate the challenges and have proactive strategies. Having supported …
Continue reading “OMB 300/53 Business Case: The Path to Green Scores, Part II”
Each year Program Managers are tasked with proving that investments align with agency mission and support business needs with low risk during the investment lifecycle. The OMB Budget Exhibit 300/53 is a business case that justifies the strategic and economic value of any investment, say for example, in major IT infrastructure. The business case helps organizations …
Continue reading “Business Case Primer: How OMB 300/53 Can Lead to All-Green Scores”
