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References in periodicals archive ?
The defense business systems investment review process implements Title 10 United States Code (U.S.C.) Section 2222 and involves an approval of funds certification.
In part to provide insight into the cost, schedule, and performance of these acquisitions, DHS established an investment review process in 2003.
While DHS's investment review process calls for executive decision making at key points in an investment's life cycle--including program authorization--the process has not provided the oversight needed to identify and address cost, schedule, and performance problems in its major investments.
SUBJECT: Delegation of Authority and Direction to Establish an Investment Review Process for Defense Business Systems
[section] 2222(g), the approval authorities designated above shall establish, not later than March 15, 2005, an investment review process consistent with guidelines to be issued by the Defense Business Systems Management Committee that includes review and approval of each Defense Business System before the obligation of funds on the system.
Currently, DON EA compliance is incorporated into two existing processes: the Clinger-Cohen Act (CCA) confirmation process and the IM/IT investment review process. Additionally, the requirement for assessing compliance, with the DON EA as part of these processes, has been incorporated into the department's annual IT budget execution policy.
Some of DHS's organizations have major, complex acquisition programs that are subject to a multi-tiered investment review process intended to help reduce risk and increase chances for successful outcomes in terms of cost, schedule, and performance.
This assessment is conducted using three existing processes: DON Business System Investment Review process; Title 40/Clinger-Cohen Act (Title 40/ CCA) confirmation process; and the Mission Area Chief Engineer (MACE) review process.
1, 2010, through the Clinger-Cohen Act Compliance and IM/IT Investment Review processes. Program managers must show compliance using the DON EA Compliance Assessment Tool (DECAT).
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