The Information Technology Management Reform Act (Clinger-Cohen Act) addresses investment review in Section 5122 Capital Planning and Investment Control (under Executive Agencies Responsibilities). It requires the head of each executive agency to design and implement a process for maximizing the value and assessing and managing the risks of the information technology acquisitions.
North American Management offers support to meet these three fundamental phases of the IT investment management process:
- Select - Analyses to support selection of IT projects that will best support mission needs and evaluating the project's costs, benefits and risks before spending significant amounts of money
- Control - Planning to support administration of processes that ensure that the projects deliver the projected benefits in accordance with the projected costs and time frames
- Evaluate - Measurable guidelines used for assessing the project's impact on mission performance, modifying the system to achieve maximum benefits, and revising the investment review process based on lessons learned
North American Management provides expert analyses and preparation of documents to assist federal agencies in accomplishing the Information Technology (IT) Investment Review (IR) Process (ITIRP) as mandated under the Clinger-Cohen Act, Section 5122, including:
- Guidance on preparing Cost-Benefit Analysis required for a detailed review.
- Tools for the review and evaluation/ranking of Cost-Benefit Analyses. The IT Investment Ranking Criteria describes the criteria that will be used to rank IT investments that are reviewed at the NIH level.
- Proven format and instructions for preparing documentation for an IT Investment Review for entry into I-TIPS (OMB reporting tool)
- ROI and the Value Puzzle
- Agency Capital Planning & IT Investment Self-Assessment
- Implementing Capital Planning and IT Investment Processes Information Technology Investment: First Practices
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