Re: TBM_RFI "Congress and taxpayers have long pressed for better and more transparent information about how federal government information technology (IT) dollars are spent. Using industry best practices, the federal government can improve strategic management of its IT portfolio by leveraging publicly available government data to analyze tradeoffs between cost, quality, and value. In spring 2017, Office of Management and Budget (OMB) Circular A-11 guidance called on agencies to begin adopting elements of the Technology Business Management (TBM) framework—an open source standard for IT costs that will provide more granularities in IT spend based on a taxonomy broadly accepted across both private and public sector organizations. In June 2019, OMB again updated Circular A-11 with additional guidance to help agencies mature their TBM implementation." "In support of the President’s Management Agenda (PMA) Cross-Agency Priority (CAP) Goal 10 to increase IT spending transparency, the Office of Government-wide Policy (OGP) within the General Services Administration (GSA), in partnership with OMB, recommends the use of GSA’s IT Schedule 70 (SIN 132-40 for TBM Tools and SIN 132-51 for TBM services) as a common government-wide TBM solution." "The government solicited ideas from industry on June 18, 2018, on how to efficiently aggregate and analyze data across the federal enterprise, leveraging TBM. We found that a variety of tools and services can, and should, be leveraged to advance this effort; not just IT financial management solutions, but advanced data science techniques/tools (e.g., Robotic Process Automation [RPA], Artificial Intelligence [AI], Natural Language Processing [NLP], and Machine Learning [ML]) as well. We also learned the importance of a scalable solution that permits flexibility over time, and the critical nature of change management services and employee training. Lastly, we heard how strong data standards can ensure that systems will align across bureau, agency, and federal enterprise levels to tell a cohesive story." Read more here.