The Technology Modernization Fund (TMF) is looking to invest in Federal agency IT modernization projects that can yield incremental and measurable progress over the shorter term, as well as over the life of the project, a fund official said last week.
Raylene Yung, who is executive director of the TMF housed within the General Services Administration (GSA), said at a Nov. 15 ACT-IAC event that the fund is looking for funding proposals from agencies that can provide incremental benefits, articulate end-user impact, and yield clear and measurable outcomes and results.
“Rather than … get funding and hope to see results in a few years, we have this quarterly onboarding process that not only provides oversight and feedback, but it’s also used to really capture and see what results are actually happening month by month, quarter by quarter,” Yung said.
As one example of a successful funding proposal, Yung talked about an investment awarded to the Department of Labor (DoL) that aims to improve technical resources and save on costs.
“What this did was improve the technical and manual processes around processing labor certifications for agricultural and trade-craft visas,” she said. “As you can see from this, results not only improved the technical kind of back-end processes, it moved manual paper-based processes to electronic ones, but in the end, it really saved people time,” Yung said.