What does OMB use to assess investments and make funding decisions?

• A. Exhibit 300
• B. Exhibit 53
• C. Program Budget Review
• D. Investment Ledger

Answer: (A)

OMB relies on a formal IT investment submission to guide funding decisions, specifically the Exhibit 300. Agencies complete this document as part of the capital planning process, detailing the investment’s purpose, alternatives considered, lifecycle costs, expected benefits, risks, governance, schedule, and proposed performance metrics (including security controls). OMB reviews Exhibit 300s to evaluate alignment with agency missions, prioritize investments, weigh risks, and decide which projects get funded or continued. This makes Exhibit 300 the primary instrument for assessing IT investments and shaping funding. Other items like Exhibit 53, a broader budget data request, or general budget review processes exist in related contexts but do not serve the same targeted role in investment funding decisions.