The Office of Program Evaluation and Risk Management (OPERM) is part of the Office of the Chief Financial Officer and Assistant Secretary for Administration (CFO/ASA). OPERM's authority is delegated through Department Organization Order 20-30, Director for Program Evaluation and Risk Management .
The Director for Program Evaluation and Risk Management is the Department's Chief Risk Officer and senior authority on matters related to enterprise and programmatic risk.
OPERM's functions include:
- Developing and overseeing implementation of a collaborative approach for conducting objective evaluation of programs, processes, administrative functions, initiatives, and other activities to identify opportunities for enhancing efficiency and effectiveness, and to ensure consistency with the objectives and goals established in the Department's strategic plan.
- Working with the Director of the Performance Excellence Program to manage a performance review process for accountability using balanced scorecards.
Enterprise Risk Management
- Establishing and overseeing a Department Enterprise Risk Management Program, including developing integrated and consistent policies and procedures for assessing and managing risks.
- Advising Department leadership and bureau management on risks associated with all aspects of the design and operation of programs and activities and serving as a resource for information on best practices in risk management.
- Sharing responsibility with the Office of the Chief Information Officer for managing risk associated with information technology systems, functions, and activities.
Inspector General (IG) and General Accountability Office (GAO) Audit Follow-up:
- Coordinating with other Departmental offices and bureau counterparts on the performance, resolution and disposition of audits and studies conducted by the OIG and GAO in order to strengthen nonfinancial internal controls.
Internal Control Management (Non-Financial)
- Implementing non-financial internal controls required by the Federal Manager's Financial Integrity Act (FMFIA). OPERM coordinates FMFIA activities with the Office of Financial Management which has responsibility for financial internal control requirements.
Office of Program Evaluation & Risk Management (OPERM)
Office of the Secretary, Office of the CFO/ASA
U.S. Department of Commerce
1401 Constitution Ave., N.W.
Washington, DC 20230