The Senate has passed a bill that seeks to boost accountability and best practices in project and program management across the federal government.
The Program Management Improvement and Accountability Act of 2015 was unanimously approved by the Senate for the second time and will be sent to President Barack Obama for his signature, the Project Management Institute said Thursday.
The nonprofit added PMIAA would require agencies to establish a career path for program managers in the federal government; develop a standards-based program management policy; and assign a senior agency executive to oversee program management policy and strategy.
The bill also calls for the creation of an interagency council that would facilitate the sharing of knowledge on program management approaches.
PMI said reforms outlined in the legislation align with the findings of the organization’s research that shows investments in program management talent and standards can optimize outcomes, accountability and efficiency.
The institute’s Pulse of the Profession report found that 64 percent of government initiatives meet goals and business intent and that public sector organizations waste $101 million for every $1 billion spent on projects and programs.