The document provides guidance on the PortfolioStat process for strengthening federal IT portfolio management in Fiscal Year 2013. PortfolioStat is an annual review of an agency's IT portfolio by executives and the Office of Management and Budget. Lessons from FY2012 include empowering agency CIOs, strengthening IT governance, and improving service delivery while avoiding decentralized management and inefficient allocation of IT resources. The FY2013 PortfolioStat process involves three steps: agencies submit strategic and roadmap plans by April 15th; a review session is held by July 31st to determine an action plan; and an updated report is submitted to OMB by February 1st.