The Defense Department may be tasked with re-writing the way its investment review board operates due to the newly passed $662 million defense authorization act.
According to Federal News Radio, Congress is giving Beth McGrath, the Pentagon’s deputy chief management officer, until March to develop a new system to simplify, add transparency and establish a cost culture for the investment review board process.
âWithout the transparency of information, you can’t get to IT rationalization,â said McGrath. “It’s taking a much more corporate look, and it will move that investment review board process into my office. Because my job is to make sure that we’re always taking a holistic perspective across the environment.”