The federal government plans to continue driving adoption of technology business management (TBM) in 2019, as shown by the recent budget request that includes $1.5M for a TBM office. The Office of Management and Budget Director Mick Mulvaney explained, “this will increase the strategic value of IT and empower chief information officers (CIOs) to better support agency missions through more effective IT management.”

The TBM framework is a powerful tool that can enhance Federal Information Technology Acquisition Reform Act (FITARA) implementation by helping agency CIOs better understand, manage and demonstrate value from the money spent on IT resources. This will also help the government benchmark IT spending, improve acquisitions and procurement practices, and better understand IT investment costs, providing an opportunity to improve budgeting for IT.Mick Mulvaney Director, United States Office of Management and Budget

TBM investment could save the federal government $5.8 billion a year, as estimated by the IT COST commission—a joint private-public commission founded by the TBM community and several Federal agency CIOs in 2015. The $1.5M investment pales in comparison to the potential savings of increasing transparency, reducing waste, and increasing efficiency of IT spending within federal agencies. (Source: “IT COST commission says feds could save $5.8 billion on IT”)

» Related content: IT COST Commission: Summary of Findings & Recommendations

The requested $1.5M would go to the General Services Administration to pay for four full-time employees in a TBM program management office. With the right data and the right tools, these four employees can have a big impact. Todd Tucker, Vice President of Research, Standards, and Education for the TBM Council explained, “We’ve seen this with Washington State where a small group in the central technology services are responsible for the program. They’ve worked with about 44 agencies and have done amazing things to adopt TBM and make better decisions.”

For the full article, visit “OMB shows its IT policy hand in 2019 budget request,” by Federal News Radio.