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Summary

We conducted a quality control review of an audit performed by KPMG LLP on the effectiveness of DOT’s earned value management practices and security cost reporting. The audit objectives were to determine whether the Department (1) has implemented effective EVM policies, procedures, and practices, and (2) uses accurate EVM data to plan, monitor, and report the status of its IT investments and related security spending. KPMG concluded that DOT’s EVM processes and practices were not effective and made 14 recommendations to help the Department improve its EVM program. Our quality control review disclosed no instances in which KPMG did not comply, in all material respects, with generally accepted Government auditing standards.