IT Dashboard: Agencies Are Managing Investment Risk, but Related Ratings Need to Be More Accurate and Available Page: 15 of 60
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space systems-are to be included. OMB did not agree that further
efforts were needed to clarify reporting in regard to the types of
systems.
* Subsequently, in November 2011, we noted13 that the accuracy of
investment cost and schedule ratings had improved since our July
2010 report because OMB had refined the Dashboard's cost and
schedule calculations. Most of the ratings for the eight investments we
reviewed as part of our November 2011 report were accurate,
although we noted that more could be done to inform oversight and
decision making by emphasizing recent performance in the ratings.
We recommended that the General Services Administration comply
with OMB's guidance for updating its ratings when new information
becomes available (including when investments are rebaselined). The
agency concurred and has since taken actions to address this
recommendation. Since we previously recommended that OMB
improve how it rates investments, we did not make any further
recommendations.
* More recently, in October 2012 we reported that CIOs at six agencies
rated a majority of investments listed on the federal IT Dashboard as
low or moderately low risk from June 2009 through March 2012.14
Additionally, two agencies, the Department of Defense and the
National Science Foundation, rated no investments as high or
moderately high risk during this time period. Agencies generally
followed OMB's instructions for assigning CIO ratings, although the
Department of Defense's ratings were unique in reflecting additional
considerations, such as the likelihood of OMB review. Most of the
selected agencies reported various benefits associated with producing
and reporting CIO ratings, such as increased quality of their
performance data and greater transparency and visibility of
investments. We recommended that OMB analyze agencies'
investment risk over time as reflected in the Dashboard's CIO ratings
and present its analysis with the President's annual budget
submission, and that the Department of Defense ensure that its CIO
ratings reflect available investment performance assessments and its
risk management guidance. Both agencies concurred with our
recommendations, and OMB reported on CIO rating trends in the
13GAO, IT Dashboard: Accuracy Has Improved, and Additional Efforts Are Under Way to
Better Inform Decision Making, GAO-12-210 (Washington, D.C.: Nov. 7, 2011).
14GAO-13-98.GAO-14-64 IT Dashboard
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United States. Government Accountability Office. IT Dashboard: Agencies Are Managing Investment Risk, but Related Ratings Need to Be More Accurate and Available, report, December 12, 2013; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc302755/m1/15/: accessed April 25, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.