U.S. government Edit

According to U.S. Office of Management and Budget guidance, a major investment is

a system or acquisition requiring special management attention because of its importance to the mission or function of the agency, a component of the agency, or another organization; is for financial management and obligates more than $500,000 annually; has significant program or policy implications; has high executive visibility; has high development, operating, or maintenance costs; is funded through other than direct appropriations; or is defined as major by the agency’s capital planning and investment control process.[1]

References Edit

  1. Information Technology: OMB Needs to Improve Its Guidance on IT Investments, at 1 n.2.

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