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Housing Development

Potomac Point Group (PPG) was engaged to help coordinate the development, submission, and execution of an Equitable Housing Finance plan as mandated by the client’s regulator 

Project Management - Establishing PMO

   Project Background    

A Government Sponsored Enterprise (GSE) required assistance with establishing a Program Management Office (PMO) to organize and coordinate the creation of their Equitable Housing Finance Plan, and later govern the execution of the 50+ projects under the plan.

Developing a Program Handbook detailing program structure, , roles and responsibilities, meeting expectations, reporting schedules, and other pertinent information

PPG deployed an experienced program management team to facilitate the creation of the PMO, resolve friction points between divisions, manage resource requirements, and develop a robust reporting mechanism to keep all stakeholders apprised of the program’s status. PPG then established a project-level reporting system for project managers to communicate statuses monthly and synthesized those reports into program-level updates for executive leadership and the regulator.

   PPG Engagement  
Assisting with development of Key Performance Indicators and tracking over time to ensure projects were on target and that risks and issues were elevated as appropriate

The client successfully developed and submitted the plan in accordance with the regulatory deadline and began execution with clear reporting standards and lines of communication. Executive leaders internally and with the regulator were able to clearly see progress at the program and project level, and quickly understand the nature and severity of any risks and issues that arose.

   Project Outcomes   
Creating and managing a resource requirement tracker to provide executive leadership with insight into the anticipated additional resources needed to execute the Plan
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