The White House has launched a summit in an effort to understand how technology business management standards can help guide federal government’s spending on information technology platforms, Federal News Radio reported Monday.
Chris Liddell, a member of the White House’s Office of American Innovation, said the adoption of TBM standards could help advance the Trump administration’s objective to update and reduce federal IT spending.
TBM standards are designed to help agencies manage spending by allowing them to model and handle IT services and costs.
“TBM sits right in that framework,” Liddell, also assistant to the president for strategic initiatives, said during a TBM summit held Thursday at the White House.
“We do not have high-quality information and that’s one of the biggest issues we face,” he added.
Some of the agencies that have implemented TBM standards include the General Services Administration, Justice Department and the Food and Drug Administration, the report added.