Government investment framework moved to digital‍.‍gov‍.‍au

The Digital Transformation Agency has announced that the Investment Oversight Framework (IOF) has been moved to digital.gov.au. The IOF guides government agencies through the investment life cycle for more effective delivery of services.

The agency says that making smart digital investments is key to delivering services that meet the needs of people and businesses across Australia. Laying a foundation that prioritises the delivery strategic investments helps build an effective and efficient government.

Led by the DTA, the Digital and ICT Investment Oversight Framework (IOF) is a collaborative life cycle approach ensuring comprehensive planning of digital solutions. Working through the IOF establishes a high standard for transparency, consistency and strategic investment decision-making across the federal government.

By transferring the IOF to digital.gov.au, the framework will sit alongside whole-of-government policies, standards and strategies.

“Shifting the Investment Oversight Framework makes it easier for us to maintain it as a living, breathing resource,” said Chris Fechner, CEO of the DTA. “This is the first step in an ongoing series of improvements to continue building the effectiveness of the framework.”

The IOF is designed to help agencies align proposals with government priorities, improve delivery readiness, and ensure public value from digital and ICT-enabled initiatives.

Improvements to the framework will encompass annual reviews of existing materials and building out additional resources to assist agencies across the six states of strategic planning, prioritisation, contestability, assurance, sourcing and operations.

The information collected helps inform all states of the IOF; from planning and policy development, through the budget process, and subsequently the DTA’s assurance activities.

“The data collected across the entire digital estate establishes a positive feedback loop of best practice,” Fechner said. “These insights allow agencies and the DTA to provide advice to the Australian Government and its decision-making bodies.”

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