“The federal government is taking concrete steps to require agencies to use Technology Business Management (TBM) methodology and data standards to measure IT costs and create a cross-agency framework for understanding IT spending.”
“The Office of Management and Budget and the General Services Administration are teaming up to create a review board to supervise agency procurement of TBM tools and services. Agencies are required to adopt TBM and to go through the coming Task Order Review Board (TORB) as part of the acquisition process.”
“At stake is how $80 billion to $90 billion in federal IT spending is measured and…” Read the full article here.
Source: OMB, GSA to oversee TBM buys – By Adam Mazmanian, August 7, 2019. FCW.