While Kanban today is a complicated system of elaborate protocols and operational standards, back in the days in Japan, it had humble origins of sticking cards containing information on various part trays, trolleys, and inventory assets. The cards represent the demand or the lack of it based on which processes and inventory will be managed downstream. Kanban boards are the philosophy of Kanban boiled down to management structures and dashboards. It is simply a board that is used to establish proper Kanban practices at work.
Any project relies heavily on the communication between all parties involved. This means that the more effective and timely important information is transferred, the higher the chances are that the project will be a major success.
Impact investing is a special type of capital investment where the investor is not only interested in earning revenue but also bring about a social or environmental change in a perceivable manner. Impact investing can be done in all kinds of markets, be it developed or emerging. Impact investment helps in addressing some of the critical global issues such as climate change, agriculture, poverty, sustainable development, clean power, micro-financing, and healthcare among others. There are [...]
Traffic is a real-time dynamic system that is constantly changing. Every tiny change in traffic has repercussions down the line. The field of RTM or road traffic management has come about to manage such systems and prevent traffic jams and random congestion. These systems use data analytics to predict and manage traffic.
Following any kind of agile tactic requires the entire team to come together and work as one unit. Whether you utilize Kanban or scrum boards or Kanban backlogs, or a combination of the two such as Kanplan, without a top-down integration with the program, building an agile team is impossible.
Every project manager worth their salt knows that the success of a project depends on the people working at it. So, it shouldn’t come as a surprise when we say that there needs to be a sense of community surrounding any project. After all, the project’s success is dependent on cooperation and team spirit.
An updated edition of the Thinking Portfolio Application Portfolio White Paper has been released!
We’ve published an updated edition of the Customer Case Stories E-book. It gives an overview on how our customers have benefitted from our portfolio management tool. Our clients include large international corporations, middle-sized enterprises, and public sector organizations. Our products have over 60 000 users in 50 countries.
In an age where creativity and innovation form the core of every business, social data and crowdfunding are two aspects of utmost importance. But, what is social data? What is crowdfunding?
The project steering committee is main governing body within an enterprise that looks after the proposal and execution of projects. They ensure that the proper deliverables are met and the project is in line with key company goals. This includes approval of budget, defining standards and goals, devising project strategy, risk assessment, quality checks and adherence to time-line. The project steering committee is the body to which a project managers report to. The project manager attends meetings and informs the committee regarding the status of the project along with addressing doubts and concerns.
With the rapid progress in AI, robotics and automation technologies, most jibs are being replaced by automated systems and robots. Be it a white collar job or a blue collar one, both are affected by the rise in automated technologies and machine learning. Growth in machine learning capabilities has allowed machines to become more independent by allowing them to react to real-time changes without being pre-programmed for such tasks. Also it doesn’t take long for them to analyze extremely large data sets and generate accurate reports. This has resulted in the disruption of current industrial practices.
Fazer Confectionery manages its projects with the Thinking Portfolio project portfolio. Focus, as the portfolio is called at Fazer, manages consumer product, raw material, product development and product decommissioning projects. Thinking Portfolio is the perfect platform for evolving projects Focus Friend Hanna Ikonen Fazer Confectionery’s project are unique and challenging with various requirements related to the process. “The old system was no longer sustainable for the ever-evolving environment, and the company decided to [...]
Thinking Portfolio combines projects, applications and resources. Keva’s persistent need to have an overview of its project portfolio was fulfilled with the implementation of Thinking Portfolio. In addition to its transparency, Thinking Portfolio provided the necessary view of resource needs, allowing Keva to adopt a systematic approach to resource planning.
Summary A short video tutorial covering the basic functionalities of Resource Planning in Thinking Portfolio on Project and Portfolio levels. Contents Resource planning on Project level Data on Project level Resources tab Information on Project Resources tab Features in Project Resource tab Reports related to Project level Resourcing Project level resourcing related reports Portfolio level resourcing Functionalities on the Portfolio level resourcing How to move between Portfolio and Project level resourcing views [...]
Project managers have to keep themselves ready at all times when it comes to managing a project. Right from the start when the plans are still being drawn up to the end of a project, changes are inevitable and occur over the course of the project lifecycle. The key is to work out how best to accommodate and adapt to these changes.