The Program Management Improvement and Accountability Act of 2015 (PMIAA) is a law signed by President Obama to combat wasteful government spending. It is estimated that out of every $1 billion spent, $101 million is wasted. This bill is intended to encourage federal agencies to work with private companies to obtain knowledge on careful spending. Any government agency that falls under the jurisdiction of this bill must have a Program Management Improvement Officer. This person is responsible for staying on track and monitoring spending for projects. This is normally done with a 5 year strategy.
What Is The Program Management Improvement And Accountability Act?
