Finance will conduct Agency, department, IT project management and oversight assessments designed to provide agency management and Finance information on the progress of a project, including compliance with the minimum requirements for IT project management, project risk management, project oversight and project reporting activities at the agency and control agency levels as outlined in the IT Project Oversight Framework (see SIMM Section 45). Finance will schedule assessment based on an established criteria.

Independent Project Oversight Reports (IPORS) are required to be submitted on a regular basis based on project criticality to Finance (see SIMM Section 45).