The Office of Performance, 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.
OPERM's functions include:
Enterprise Risk Management (ERM)
OPERM manages the Department's Enterprise Risk Management (ERM) Program, including:
- Developing integrated and consistent policies and procedures for assessing and managing risks.
- Advising Department leadership and bureau management on risks associated with 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.
The Performance Excellence Program uses an integrated approach to organizational performance management in an effort to produce:
- Ever-improving value to customers and stakeholders;
- Organizational sustainability;
- Increased organizational effectiveness and capability; and
- Organizational and personal learning
OPERM is responsible for 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.
Inspector General (IG) and U.S. Government Accountability Office (GAO) Audit Follow-up
OPERM is responsible for:
- Serving as the Department's main point of contact for GAO and OIG engagements and, under the direction of the CFO/ASA, establishing policies and procedures for GAO and OIG audit liaison and follow-up activities throughout the Department.
- Coordinating with other Departmental offices and bureaus on the performance, resolution and disposition of audits and reviews conducted by the OIG and GAO.
Internal Control Management (Non-Financial)
OPERM is responsible for coordinating the Department's non-financial internal control activities under the Federal Manager's Financial Integrity Act (FMFIA). This work is done in conjunction with the Department's Office of Financial Management which is responsible 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