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When Lindström started implementing the Thinking Portfolio’s project portfolio, they had their project model in mind. The portfolio was modified to support the project model and Lindström’s corporate strategy. In connection with the implementation, it was noticed that the deployment of the project model still required work. The quality of the data was not what was desired, and the prioritization of projects had not been implemented to the expected extent, says Heidi Rääsiö, Head of IT People and Strategy.
The City of Lahti’s Thinking Portfolio’s Group Portfolio clarifies the way it operates and increases dialogue
Before the introduction of the Group Portfolio, the management of the information needed by the City of Lahti’s owner governance was challenging. There was no unified tool for storing and processing information. Because finance, organizational management, and economic planning had their own data collection tools, it was not necessarily known what information was collected by other parties, and the information available was not always up to date.
First, a development portfolio was introduced in Tuusula, followed by piloting of the objective portfolio. The Tuike project model was developed in the municipality of Tuusula during 2015-2016, and the project portfolio was built in Sharepoint. The project was a good foundation from which it was easy to start further development.
The IT organization of the City of Jyväskylä will use Thinking Portfolio’s project portfolio in production
The City of Jyväskylä’s project portfolio working group has three months of effort in Thinking Portfolio’s project portfolio definition and suitability testing. During the testing phase, a few IT projects were added to the portfolio by pilot users, and we are now ready for production.
The Thinking Portfolio project portfolio met Suominen’s expectations – Portfolio users are happy and excited
Suominen’s project portfolio acquisition process started from the requirements of an extensive development project, the cost-effectiveness program Optima. The Optima program involved dozens of different programs and projects of various sizes. In the initial phase of Optima, it was stated that it is necessary to say goodbye to the “Excel era.” Following Optima’s example, the Thinking Portfolio project portfolio was also launched by Suominen’s R&D development projects, growth investments, and ICT, whose projects were previously managed using Excel and Word as well.
The combination of the Thinking Portfolio’s project portfolio and the risk portfolio has streamlined the handling of both development projects and risk management in a unified environment. First, the project portfolio, together with the renewed project model, was introduced, and the positive experiences gained from it helped in the selection when the risk portfolio was acquired, says Development Manager Matti Tähtinen from Fingrid.
1. Cut the reporting periods An accurate daily status snapshot is critical when quick decisions are needed. Cutting the reporting periods of projects in half will result to twice a week or even on a weekly basis reporting – and decision making - cycle. 2. Communicate to the whole organisation Communication to the whole organisation is a key issue. Your Portfolio can be opened to the entire staff or at least to all the key [...]
Patria’s IT Project Portfolio Officer Pauliina Mäki-Rajala explains, that her job has changed a lot since the implementation of Thinking Portfolio’s project portfolio. The desired transparency has been reached through the portfolio. Previously the number of IT projects in Excel was around 20, and currently the Thinking Portfolio has over one hundred internal development projects.
The university community of Tampere will put together projects, systems, registries and ideas with Thinking Portfolio
When the universities merged, tools were needed to manage more than a hundred simultaneously running projects, to manage resources, and to map the system entity. Now, after merging, the portfolios from Thinking Portfolio continue to be used by the university community of Tampere as a development project portfolio and as a system portfolio for the entire community.
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Helsedirektoratet is in the early stages of using Thinking Portfolio, but expects to gain more experience and eventually get all its application data in the portfolio. Application basics have now been put in the portfolio and after holidays system owners will start to fill the information of their systems in the tool.
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 [...]
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.