As the whole of government moves to adopt an analysis and accounting structure that can map technology investments to business outcomes, federal officials expect the contracting community to come along for the ride.

Included in the President’s Management Agenda is a mandate for agencies by 2022 to implement the Technology Business Management schema — an industry standard for categorizing and tracking IT costs across an enterprise. The aim is to tie IT decisions on spending and operations directly to the value to the government and taxpayer.

Agencies are currently under mandates to report IT spending to the Office of Management and Budget. However, “The TBM piece is different [than other taxonomies] in that the measured outcomes are not in shrinking the number of spinning drives and blinking lights in your infrastructure. It’s more about business outcomes,” David Shrive, CIO at the General Services Administration and an early federal adopter of TBM, said during the TBM Summit on July 11.

Keep reading this article at: https://www.nextgov.com/cio-briefing/2018/07/official-says-vendors-will-have-abide-new-it-spending-schema-too/149756/

Learn more about Technology Business Management at: https://www.cio.gov/fed-it-topics/sustainability-transparency/tbm/