[Sdi-northamerica] OMB Circular A-16 Supplemental Guidance: portfolio mgt of data assets
klance_remote at yahoo.com
Thu Nov 11 07:42:41 EST 2010
The US Office of Management and Budget (OMB) has released the new Supplemental
Guidance to OMB Circular A-16, “Coordination of Geographic Information and
Related Spatial Data Activities.” The Guidance is posted at:
The Guidance has a primary focus on geospatial data as a capital asset and
outlines a portfolio management process to manage geospatial data assets.
Portfolio management is the process of tracking, maintaining, expanding, and
aligning assets to address and solve the business needs of an enterprise.
Portfolio management approaches include a number of components:
• Strategic portfolio planning;
• Coordinated development and resource pooling;
• Established goals and performance measures, indicating the benefits of each
asset investment, and how it contributes to the overarching goals (particularly
completion/renewal) of the portfolio;
• Investment selection criteria; and
• Processes for reviewing the health of, and return on, asset investments that
inform investment decisions, redistribution of resources, management of issues
and mitigation of risks to the portfolio.
The Memorandum from Federal Chief Information Officer Vivek Kundra to Heads of
Executive Agencies and Departments notes: “Data-management, and particularly
geospatial data-management, is one of the essential components for addressing
the management of the business of government and for supporting the effective
and economical use of tax dollars. It is, however, susceptible to constant
renewal, information quality, and information management challenges. A
portfolio-centric model cures the single agency, stovepipe model by applying
consistent policy, improved organization, better governance, and understanding
of the public to deliver outstanding results.”
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