enforce accountability of the head of an agency for information resources management Executive Agencies The head of each US Federal executive agency shall comply with several specific matters. A selection. Design of Process Each executive agency shall design and implement in the executive agency a process for maximizing the value and assessing and managing the risks of the information technology acquisitions of the executive agency. Content of Process The process of an executive agency shall provide for the selection of information technology investments to be made by the executive agency, the management of such investments, and the evaluation of the results of such investments; be integrated with the processes for making budget, financial, and program management decisions within the agency; include minimum criteria to be applied in considering whether to undertake a particular investment in information systems, including criteria related to the quantitatively expressed projected net, risk-adjusted return on investment and specific quantitative and qualitative criteria for comparing and prioritizing alternative information systems investment projects; provide for identifying information systems investments that would result in shared benefits or costs for other Federal agencies or State or local governments; provide for identifying for a proposed investment quantifiable measurements for determining the net benefits and risks of the investment; and provide the means for senior management personnel of the agency to obtain timely information regarding the progress of an investment in an information system, including a system of milestones for measuring progress, on an independently verifiable basis, in terms of cost, capability of the system to meet specified requirements, timeliness, and quality. Performance and Result-based Management The head of an executive agency shall (1) establish goals for improving the efficiency and effectiveness of agency operations. (2) prepare an annual report, (3) ensure that performance measurements (4) comparable with processes and organizations in the public or private sectors (5) analyze the missions, and (6) ensure that the information security policies, procedures, and practices of the executive agency are adequate. Acquisition of Information Technology The authority of the head of an executive agency to conduct an acquisition of information technology includes several general and specific authorities. Applications The CCA generated a number of significant changes in the roles and responsibilities of various federal agencies in managing acquisition of IT. It elevated overall responsibility to the Director of the Office of Management and Budget (White House). OMB set forth guidelines that must be followed by