SERVICES

PORTFOLIO MANAGEMENT CASE STUDY

EMG was hired during a performance-driven competitive bid process, to provide assessments to the Archdiocese of Baltimore to assist them in their capital needs planning. The project portfolio consisted of over forty sites totaling almost two million square feet. Some of the unusual aspects of these projects included the format requiring use of specific Construction Specification Institute (CSI) Manual of Practice, multiple building types per site and uncertainty in property ownership.

EMG outperformed competing firms to win the bid by performing a three-site demonstration. After completing the demonstration, EMG met with the Archdiocese to discuss the remaining portfolio and proposed methodology to complete the assessments.

EMG's solution to the unusual tasks required many non-standard procedures. The methodology included three research sessions where EMG personnel reviewed the client's records; many of which date back to the early 1800's. EMG also incorporated an adaptive approach using in-house skills to redesign assessment and costing applications. EMG then used this information to determine which buildings needed to be assessed and generated an urban parish listing. Utilizing EMG field management personnel, EMG took on the task of informing individual sites about the goals of the assessment in order to schedule and confirm a visit. Finally, EMG deployed a team of professionals who each visited multiple sites.

EMG supplied the client with over 40 consistent and cohesive reports detailing capital needs for each building at each location. The assessments resulted in identifying approximately ten million dollars in repairs necessary within the time periods from 90 days to 12 years. EMG further assisted the client with a simple summary report, which outlined the total costs for the project by building. The client used this information for key decision-making in assessing the capital requirements as they relate to the demand for the multiple sites. This successful project has led to a third engagement with the client inviting EMG to assess the schools within their portfolio.