![]() ![]() it will be presented before the Acquisition Review Board (ARB).an IT investment will be presented before the Commerce Investment Review Board (IRB), the Commerce IT Review Board (CITRB) or, for budget initiative requests, before the Departmental (staff level) IT Review Board.IT Investment Authority approval is requested.In accordance with Department of Commerce policies and procedures an Exhibit 300 is required even for Non-major IT investments when: Has been determined to be major by OMB or Commerce’s Capital Planning and Investment Control processĪny investments that are not major are referred to as “non-major.”.Has significant program or policy implications.Has high development, operating, or maintenance costs.Is for financial management and obligates more than $500,000 annually.Was defined as a major project in the previous fiscal year.What distinguishes a Major from a Non-Major Investment?Ī major investment is a system or investment that requires special management attention because it: For non-major IT investments, complete the Exhibit 300 description field, as well as the summary of spending, funding sources, acquisition, performance, security, privacy, and milestones tables. ![]() For major IT investments, complete the entire Exhibit 300, selecting Part II, Part III or Part IV depending on whether the investment is under development, in steady state or is part of the e-Gov effort. Which IT investments require an Exhibit 300?Īll planned and actual IT spending, except for national security information systems, needs to be accounted for in an Exhibit 300. Commerce has applied this to mean that passive sensors that only acquire scientific information (such as wind speed or temperature) are not considered IT for the purposes of the OMB IT budget reporting, but when such sensors transmit the information to other locations and systems, such as transmitters on radar antennae, they are included as IT assets. Information technology includes computers, ancillary equipment, software, firmware and similar procedures, services (including support services), and related resources. Information Technology as defined by the Clinger-Cohen Act of 1996 means any equipment or interconnected system or subsystem of equipment used in the automatic acquisition, storage, manipulation, management, movement, control, display, switching, interchange, transmission, or reception of data or information. What is the definition of Information Technology These instructions also address questions added by the Department to the Exhibit 300 to meet Commerce IT Planning requirements including generating the Exhibit 53 IT Portfolio Report. These instructions complement and reinforce the Office of Management and Budget’s (OMB) guidance on developing the Exhibit 300, Capital Asset Plan and Business Case Summary, in support of funding for major information technology (IT) investments as contained in OMB Circular A-11, Section 300. What if I have additional questions regarding the Exhibit 300 or eCPIC? What is the purpose of these instructions? What do I enter in the Exhibit 300 when information is not yet available to answer the question? Who is responsible for developing the Exhibit 300?ĭo Infrastructure, Office Automation and Telecommunications (I/OA/T) investments require an Exhibit 300? Is the Exhibit 300 Information used in any other OMB Exhibits? What information is not publicly releasable? When does a publicly releasable Exhibit 300 need to be prepared? ![]() What is the schedule for updating and submitting an Exhibit 300? Where is Exhibit 300 information entered? Which IT investments require an Exhibit 300? What is the definition of Information Technology? What is the purpose of these instructions? Instructions for Completing the OMB Exhibit 300, Capital Asset Plan and Business Case Summary ![]()
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