Capital Planning and Investment Control Brings Collaborative Technology-Based Approach to Investments
Following the introduction of the Clinger-
Cohen Act (formerly known as the Information
Technology Reform Act) in 1996,
U.S. federal government agencies have
been required to use “a disciplined
capital planning and investment control
(CPIC) process to maximize the value
of and assess and manage the risks
of the information technology acquisitions.”
(OMB Circular No. A-123 revised)
According to the above-mentioned
circular, the act requires that agencies
“(1) establish goals for improving the
effi ciency and effectiveness of agency
operations and, as appropriate, the delivery
of services to the public through
the effective use of information technology;
(2) prepare an annual report…on
the progress in achieving the goals;
(3) ensure that performance measurements
are prescribed for information
technology used by, or to be acquired
for, the executive agency and that the
performance measurements measure
how well the information technology
supports programs of the executive
agency; (4) where comparable processes
and organizations in the public
or private sectors exist, quantitatively
benchmark agency process performance
against such processes in terms
of cost, speed, productivity, and quality
of outputs and outcomes; (5) analyze
the missions of the executive agency
and, based on the analysis, revise the
executive agency’s mission-related processes
and administrative processes
as appropriate before making signifi cant
investments in information technology
that is to be used in support of the
performance of those missions; and
(6) ensure that the information security
policies, procedures, and practices of
the executive agency are adequate.”
Please register to download the full white paper.
|
