Sec. 833. PORTFOLIO REVIEW

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## SEC. 833 PORTFOLIO REVIEW Section 11319 of title 40, United States Code, as added by section 831, is amended by adding at the end the following new section: > > ### “(c) Information Technology Portfolio, Program, and Resource Reviews > > > #### “(1) Process > > The Director of the Office of Management and Budget, in consultation with the Chief Information Officers of appropriate agencies, shall implement a process to assist covered agencies in reviewing their portfolio of information technology investments— > > > ##### “(A) > > to identify or develop ways to increase the efficiency and effectiveness of the information technology investments of the covered agency; > > > ##### “(B) > > to identify or develop opportunities to consolidate the acquisition and management of information technology services, and increase the use of shared-service delivery models; > > > ##### “(C) > > to identify potential duplication and waste; > > > ##### “(D) > > to identify potential cost savings; > > > ##### “(E) > > to develop plans for actions to optimize the information technology portfolio, programs, and resources of the covered agency; > > > ##### “(F) > > to develop ways to better align the information technology portfolio, programs, and financial resources of the covered agency to any multi-year funding requirements or strategic plans required by law; > > > ##### “(G) > > to develop a multi-year strategy to identify and reduce duplication and waste within the information technology portfolio of the covered agency, including component-level investments and to identify projected cost savings resulting from such strategy; and > > > ##### “(H) > > to carry out any other goals that the Director may establish. > > > #### “(2) Metrics and performance indicators > > The Director of the Office of Management and Budget, in consultation with the Chief Information Officers of appropriate agencies, shall develop standardized cost savings and cost avoidance metrics and performance indicators for use by agencies for the process implemented under paragraph (1). > > > #### “(3) Annual review > > The Chief Information Officer of each covered agency, in conjunction with the Chief Operating Officer or Deputy Secretary (or equivalent) of the covered agency and the Administrator of the Office of Electronic Government, shall conduct an annual review of the information technology portfolio of the covered agency. > > > #### “(4) Applicability to the department of defense > > In the case of the Department of Defense, processes established pursuant to this subsection shall apply only to the business systems information technology portfolio of the Department of Defense and not to national security systems as defined by section 11103(a) of this title.

The annual review required by paragraph

(3)shall be carried out by the Deputy Chief Management Officer of the Department of Defense (or any successor to such Officer), in consultation with the Chief Information Officer, the Under Secretary of Defense for Acquisition, Technology, and Logistics, and other appropriate Department of Defense officials. The Secretary of Defense may designate an existing investment or management review process to fulfill the requirement for the annual review required by paragraph (3), in consultation with the Administrator of the Office of Electronic Government. > > > #### “(5) Quarterly reports > > > ##### “(A) In general > > The Administrator of the Office of Electronic Government shall submit a quarterly report on the cost savings and reductions in duplicative information technology investments identified through the review required by paragraph

(3)to— > > > ###### “(i) > > the Committee on Homeland Security and Governmental Affairs and the Committee on Appropriations of the Senate; > > > ###### “(ii) > > the Committee on Oversight and Government Reform and the Committee on Appropriations of the House of Representatives; and > > > ###### “(iii) > > upon a request by any committee of Congress, to that committee. > > > ##### “(B) Inclusion in other reports > > The reports required under subparagraph

(A)may be included as part of another report submitted to the committees of Congress described in clauses (i), (ii), and

(iii)of subparagraph (A). > > > #### “(6) Sunset > > This subsection shall not be in effect on and after the date that is 5 years after the date of the enactment of the Carl Levin and Howard P. ‘Buck’ McKeon National Defense Authorization Act for Fiscal Year 2015.” > .