OMB Oversight
Meanwhile, the GAO High-Risk areas caught the attention of the Office of Management and Budget (OMB) as well. As part of OMB's mission to lead federal agencies to improve their performance, OMB launched a new approach toward their own oversight of GAO's designated high-risk areas. OMB directed all agencies with high-risk areas to formulate a formal corrective action plan and to coordinate with GAO, just as NASA had already begun to do. OMB also instituted periodic three-party meetings (including the agency, OMB, and GAO) regarding each high-risk area to monitor agency progress.
In developing the CAP, our cross-functional team worked with GAO and OMB to ensure that their concerns were identified and addressed. I approved the final version of the CAP in October of 2007, and it now serves as the baseline against which our progress will be measured.
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