| Capital Planning and Investment Control (CPIC) |
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On June 21, 2002, the Secretary of Transportation approved the new DOT Information Technology (IT) Capital Planning And Investment Control (CPIC) Manual as envisioned in the Clinger-Cohen Act of 1996, OMB Circular A-130 (Management of Federal Information Resources) and other related guidance and regulations. In 1999, the Office of the CIO, in partnership with all DOT Operating Administrations, spearheaded an intensive effort to develop and coordinate a new IT CPIC policy. The DOT CIO Council, Subcommittee For Capital Planning, most recently led this undertaking in cooperation with OMB.
The overall goal of this Department-wide IT CPIC policy and process is to establish and maintain long-range strategic planning and a disciplined budget process as the basis for efficient management of a portfolio of IT capital assets. This will enhance the ability of DOT to achieve agency missions and performance goals with the lowest life-cycle costs and least risk. The concepts included in the new DOT IT CPIC process were recently employed in reviewing and revising IT Project Business Cases for submission to OMB in support of the Fiscal Year 2004 DOT budget. Additionally, a Departmental Investment Review Board (IRB) was convened in August 2002 to deliberate on the best approach for combining/consolidating several separate Human Resources/Financial Management/Accounting System projects. |
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