MIL joins team of ACT-IAC industry experts tasked by Office of Management and Budget (OMB)
BOWIE, Md.—June 30, 2011— THE MIL Corporation (MIL) is proud to have played a lead role in a recent American Council for Technology-Industry Advisory Council (ACT-IAC) working group to develop a sustainment strategy for federal financial management. The Financial Management Working Group, which was comprised of experienced subject matter experts from 22 companies, provided industry input to OMB on key issues with financial system modernization. MIL’s Harvey Weiner presented the working group’s findings to the ACT-IAC membership at a recent meeting on June 29th, 2011.
The project had its genesis in an OMB request for expert advice on modernizing financial systems in a way that takes into consideration legacy systems, the difficulty of making large scale change in federal agencies efficiently, and getting the best value for the taxpayer. OMB Controller, Office of Federal Financial Management, the Honorable Danny Werfel, requested ACT-IAC’s assistance in developing a sustainment strategy and posed specific questions to frame the analysis.
“The working group was charged with responding thoughtfully and completely to OMB’s questions. Over the course of several months, four different teams worked diligently – in a vendor-neutral manner – to develop practical solutions to address these important issues. This was an exciting opportunity for me and for MIL to collaborate with our peers and come up with a set of solutions that represents our collective wisdom on how to best tackle this. I am really proud of what we accomplished,” said MIL’s Harvey Weiner.
Yesterday, the leadership of the Working Group, including Weiner, gathered at the American Institute of Architects to brief the ACT-IAC membership. The Working Group reported that their overarching goal was to create a sustainment approach that could focus on getting the most out of existing systems, even as new components are introduced. In support of this philosophy, the Group recommended a strategy with four key elements:
- Portfolio management – tools for effective use of both legacy and new systems
- Standard “decision criteria” – to determine the viability of an existing system
- Communication plan – to streamline software upgrades
- New technologies, deployment methods and business models – to improve delivery of financial management processes
To learn more about the study and its recommendations, contact Harvey F. Weiner, MIL Senior Assistant Vice President athweiner@milcorp.com.
About MIL
The MIL Corporation (MIL), a CMMI® Level 3 certified company, was established in 1980 to provide agencies of the Federal government with outstanding professional services in the areas of finance, information management, and quality assurance. MIL provides innovative solutions to 17 Federal government customers, including the U.S. Departments of the Navy, Commerce, State, and Transportation.MIL continuously seeks to provide solutions that fit the vision, requirements, and resources of our valued customers. For more information, please visit: https://www.milcorp.com.