Individual projects in a portfolio may have significant impacts on risk absorption capacity, financial success and development. However, project management often fails to view individual projects from an overall perspective. From the perspective of overall organisational management, however, observing changes in the operating environment and economic cycles are key to risk and opportunity management. Among our clients, there is a clear trend of incorporating future indicators into investment and development projects. It is becoming increasingly [...]
SSAB uses Thinking Portfolio’s solution for planning investment activities in the coming years. Plans are prepared in a clear way in the portfolio, which provides a quick overview of upcoming events. Investment Services Director Arto Kangas describes how the implementation of the project portfolio has made it possible to make the company’s approach even more systematic.
Have you ever wondered what separates the good from the great when it comes to project managers? Simply put, the way a project manager handles problems when they inevitably rear their ugly heads is what separates the so-so from the great project managers. Have a look at these six weak-signals in your project's environment.
Enthusiastic customers, networking, and sharing new ideas and solutions with each other were the first things to come to mind when my thesis advisor asked me to think about the features that make Thinking Portfolio different from other companies. Based on these insights, “The role of C2C relationships in B2B brand community – Case: Thinking Portfolio” became the topic of my thesis.
Thinking Portfolio® is a practical platform for NPD management. Keep your initiatives in one portfolio: manage priorities, resourcing, scheduling, and an up-to-date view of the current development situation – all in one place.
Lean and agile business processes hold the key to excellence. Many businesses struggle to streamline their processes. They have a number of unnecessary protocols and processes that retard the business’s growth. If you are struggling to put your house in order, look to the KonMari concept for answers.
Behind every successful project is a forward thinking project manager and their team. Project managers and their teams pour their blood, sweat, and tears into their projects. As a recognition of the hard work that team members put in and the sacrifices they make to steer the project in the right direction, businesses must design and implement a bonus plan for the project manager and their team.
A key performance indicator or KPI is a measured value indicating how effective an organization is in achieving its key business goals. In the context of project management, it demonstrates how successful the project was in benefiting all the people involved: stakeholders, customers, employees, and the community as well. Without KPIs, it would not be possible to assess the progress of the projects towards fulfilling the goals set. Here are six such key performance indicators [...]
With technology becoming a major component of Project Management, the protection of project information is of the utmost importance. In this blog, we look at the most significant information security risks that affect PM (Project Management) and how to combat them.
The Finnish National Opera and Ballet (SKOB) is procuring Thinking Portfolio's project portfolio in order to provide better visibility of current projects for the staff and make managing the project portfolio easier.
When Elo began searching the markets for a suitable project portfolio solution, the goal was to improve reporting and transparency. Elo was looking for better transparency in development work, and a tool that would make resource planning easier and resources more visible. Thinking Portfolio has enabled Elo to plan and allocate resources more comprehensively – providing transparency on allocated development resources while exposing any resourcing bottlenecks.
Administrative documentation was previously handled with Office tools. This meant a significant amount of copying and entering identical content on several documents. NLS has been particularly satisfied with the clarity of Thinking Portfolio, in which the content comes from one source regardless of its end use. Furthermore, less work means fewer errors.
Helen Electricity Network is currently implementing the project portfolio, but so far, the user feedback has been cautiously optimistic. The tool is easy to use and helps eliminate extra work. The previously used spreadsheets were packed with data. The spreadsheets were also prone to errors. Now the company can wave goodbye to the old protocol; all data is reliably stored and readily available in one solution.
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.