Portfolio Management

Overview

DOI’s portfolio management program is designed to consolidate and eliminate duplicative spending on Commodity IT, identify opportunities for modernization and shared services, and drive mission and customer-focused IT solutions. The supporting processes ensure that the Department can continuously select a balanced portfolio of IT investments, control the performance of development/modernization activities, and then regularly evaluate whether outcomes are realized.

IT Governance and FITARA Support

The portfolio management program supports an integrated governance process that enables annual IT budget development and submission to OMB, strengthens the role of the CIO in decision making, and provides alignment between strategic planning, capital planning, budgeting, and acquisition. The Federal IT Acquisition Reform Act (FITARA) requires agencies to establish management practices that align IT resources with missions and provide the CIO with appropriate visibility into the management of IT resources across the agency. To support this requirement, the portfolio management program develops annual IT strategic priority guidance, supports the budget formulation process to jointly certify IT resources between the IT and budget functions, and monitors IT acquisitions for conformance to strategic policies.

Capital Planning and Investment Control (CPIC)

CPIC is a core function of the portfolio management program. CPIC is a structured, integrated approach to managing information technology (IT) investments. It is the primary process for making investment decisions, assessing investment process effectiveness, and refining investment related policies and procedures. It ensures that all IT investments align with the agency’s mission and support business needs while minimizing risks and maximizing returns through the investment’s lifecycle. CPIC is mandated by the Clinger-Cohen Act which requires government agencies to use a disciplined process to acquire, use, maintain and dispose of IT.

DOI’s IT Investment Portfolio is viewable on the federal IT Dashboard.