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Posted by Steven VanRoekel. Office of Management and Budget Blog, March 30, 2012. "One year ago, a group of private sector leaders sat down with Administration and agency officials to offer to help the government adopt management best practices. The group, the President's Management Advisory Board (PMAB), decided to spend the next year focusing on a variety of topics, including how the government buys information technology (IT).
And the effort has paid off. Over the past three years, the Federal Government has done much in adopting private sector practices to triage broken IT investments, reduce the IT infrastructure footprint, and innovate with less. For example, at today’s PMAB meeting, the Department of the Interior showed that by modernizing IT infrastructure and aligning resources to improve customer service, they will realize $100 million in savings from 2016 to 2020, for a cumulative total of $500 million. To date, there have been $11 million in cost avoidance by updating the scope of projects and $2.2 million in redirection of funds due to IT Spending Reviews..."
Further information on Applying Private Sector Best Practices in Information Technology
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