Office of Federal Financial Management
President's Management Agenda
The
President’s Management Agenda
(PMA), announced in August 2001, was launched to address what the President
has called “the most apparent deficiencies where the opportunity
to improve is the greatest.” The PMA scorecard uses a traffic light
scoring system of “red,” “yellow,” and “green,”
in which OMB rates Federal agencies on their efforts to improve in five
government-wide areas, including Improving Financial Performance. Critical
success factors under this government-wide PMA initiative include: obtaining
an unqualified audit opinion, eliminating material weaknesses and Antideficiency
Act violations, meeting financial reporting deadlines, and using financial
data to support daily and long-term management decisions.
In February
2004, a new program initiative was added to the PMA. This new Federal
Real Property Asset Management initiative applies to the largest Federal
landholding agencies, which will be given a “score” on the
status and progress of their real property management improvement efforts
on the quarterly PMA scorecard.