Step-by-Step Implementation of the New Standards and Guidelines for Program and Portfolio Management in Government
The answer is simple: to go beyond the new regulations issued in June 2018 for government program management to get meaningful improvement in your program and portfolio management practices!
Government projects are increasingly complex – involving substantial outlays of taxpayer funds – and it is crucial that government agencies set the highest standards possible for project, program and portfolio management.
What is the PMIAA?
In 2016 the Program Management Improvement Accountability Act (the Act or the PMIAA) was signed into law. The Act aims to improve program and project management (P/PM) practices within the Federal Government, requires Governmentwide standards and policies for program management, and establishes a new interagency council to improve P/PM practices among agencies.
The Act establishes Program Management Improvement Officers (PMIOs) throughout the federal government. The responsibility of PMIOs is to implement program management policies established by their respective agencies and develop strategies to enhance the role of program management and managers within their departments.
What are the new OMB regulations?
In June of 2018, the Office of Management and Budget (OMB) issued the first set of regulations on this law and incorporating this guidance into OMB Circular A-11, Part 6. OMB is requiring federal agencies to conduct a comprehensive inventory of their programs and undergo portfolio reviews in coordination with OMB. In addition agencies and OMB will examine “high risk” areas as identified by the Government Accountability Office.
What are the new Program Management standards?
The PMIAA also requires the establishment of Government-wide P/PM standards, policies, and guidelines for P/PM for agencies. A set of common, principle-based Government-wide program management standards provide foundational resources that agencies can leverage to ensure they produce their desired outcomes and effectively contribute towards the achievement of agency mission and strategic goals and objectives.
When is my PMIAA Plan Due? What do Reviews Start?
PMIAA Plans are due to OMB in the Fall – and reviews start in FY 2019! Get ready by attending the PMIAA Summit!
- September 10, 2018
8:30 am - 4:00 pm