FY 2021 IT Budget – Capital Planning Guidance

This document provides technical guidance and specific requirements outlined in OMB Circular A-11 Section. This introduction is designed to provide context and the overarching strategy behind the changes outlined in this document. In this FY 2021 IT Budget – Capital Planning Guidance, OMB is implementing additional changes that build upon what was done in FY 2020 and chart a course that will continue through the FY 2022 budget cycle and the life cycle of these Investments. The cornerstone of this data and Investment management strategy is the Technology Business Management (TBM) Framework.

OMB is leveraging this widely adopted open source taxonomy, which is used within private, public, and academic sectors and is generating significant value by enabling leaders to manage the cost, quality, and value of their IT services. Leveraging a taxonomy that provides a standard business model for IT and is proactively managed by a non-profit organization also alleviates some of the burden for the government to identify, define, and achieve consensus on the standards and terms used.