Quality Control Review of the Audit of the Effectiveness of DOT's Earned Value Management Practices

This report presents the results of a quality control review (QCR) of an audit of the Department of Transportation's (DOT's) earned value management (EVM) practices. EVM is a tool used to plan, execute, and control the costs and schedules of information technology (IT) projects. It provides insight on program performance by comparing the value of work accomplished to the planned value of scheduled work. The Office of Management and Budget requires agencies to use EVM to calculate cost and schedule variances from the approved baselines for major IT investments. For fiscal year 2013, DOT requested $2.2 billion for 44 major IT investments and approximately $15 million for IT security. KPMG LLP conducted this audit under contract to DOT's Office of Inspector General (OIG). The audit objectives were to determine whether DOT: (1) has implemented effective EVM policies, procedures and practices; and (2) uses accurate EVM data to plan, monitor, and report the status of its IT investments and related security spending. KPMG found deficiencies in DOT's EVM procedures and practices and issued 14 recommendations to help the Department establish and maintain an effective program. DOT's Chief Information Officer concurred with all recommendations. His response is included in KPMG's audit report, dated June 30, 2014, which can be found in its entirety in the attachment to this report.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Features: Appendices; Tables;
  • Pagination: 44p

Subject/Index Terms

Filing Info

  • Accession Number: 01535992
  • Record Type: Publication
  • Report/Paper Numbers: QC-2014-065
  • Files: TRIS, ATRI, USDOT
  • Created Date: Aug 26 2014 10:57AM