Risk management is an integral part of project management. But how do you know if your risk management strategies are actually working?
Peikko Group has expanded quickly in recent years. The speed of growth has brought its own share of challenges from controlling project operations to steering operations in the right direction. According to Project Controller Satu Kannelvirta, the Thinking Portfolio’s project portfolio is an invaluable tool in managing growth, providing a general overview of project operations.
The REST Api is a new feature for building real-time integrations. It is mainly intended for reading data from Thinking Portfolio but data can also be updated through the interface. The REST Api is the best choice when the client wants to retrieve structured information for a single or a group of projects/applications according to his own schedule. A use case example could be a publishing site where data is retrieved from Thinking Portfolio when [...]
Two of the top female leaders join the board of Thinking Portfolio to ensure a positive customer experience and profitable growth
Two of the top female leaders join the board of Thinking Portfolio to ensure a positive customer experience and profitable growth In order to ensure we continue to do the right thing in the future, we invited two very experienced and innovative female leaders to join our Board of Directors. Managing Director of Franklyn Partners, Finland’s leading customer insight agency Anna-Riikka Hovi, and experienced growth manager and Managing Director of Ferovalo, Elina Liehu. Future success [...]
At Savon Voima, Thinking Portfolio operates as a development portfolio used to manage the company’s strategic programmes and the project contained within it, as well as various types of research and development projects. The development includes programmes such as: Carbon dioxide-free electricity generating systems, a weather-reliant electricity grid, giving definitive form to client relations , 100% self-sufficiency domesticity and zero accidents.
With the establishing of the new project template, Kemira’s IT and Operational Excellence Department made the joint decision that it was time to commission a tool to manage the project portfolio that would replace the Excel files and separate resource management application previously used.
The implementation of Lemminkäinen’s Thinking Portfolio was conducted at the end of the year when the application was used for monitoring and prioritising internal development projects for business operations and support functions. The previous version of the application was in use earlier on, but back then there was no great need for a project portfolio that continued to be in active use.
Thinking Portfolio project portfolio awarded AAA GOLD credit rating – AAA for over five years running
Thinking Portfolio project portfolio awarded AAA GOLD credit rating – AAA for over five years running Of all Finnish enterprises, 0.3 percent have been listed in the highest AAA credit category for over five years. “Thinking Portfolio’s project and development portfolio is also our own everyday tool for customer and service development tasks – it facilitates easy resource planning and project management. Naturally, success also has a lot to do with experience and humility is [...]
From the title of the article, you might be wondering ‘What lessons could children possibly offer project managers?’ Actually, children's behavior can teach project managers quite a few things. These lessons can help the manager do his/her job more efficiently. Have you ever noticed the way children behave and interact with others on a day-to-day basis? Next time, whenever you get an opportunity to make an observation, pay close attention and you might end up [...]
“Thinking out of the box” is such a clichéd phrase and used in almost all areas of life. But the truth is that it is among the most vital skills that a project manager and his/her team need to have in order to consistently drive creativity. It’s true that traditional thinking tends to rely on previous experience and practiced protocols and hence give you confidence to handle issues. But when you think outside the box, [...]
Today's ever-changing business environment often presents numerous challenges, while positive signs are few and far between. The project portfolio and its projects are part of this business environment. External and internal changes and improvements are driven to completion according to plans, which can at times take an emotional toll on the employees. By adopting a positive, enthusiastic approach in how we handle the status quo, business environment and active projects can offer a completely different [...]
Studies suggest that traditional methodologies for project management are often responsible for the inability to adapt to changes. This makes the testing of products or making modifications nearly impossible. The solution to this problem is believed to be in the adoption of an ‘agile’ approach to project management. This is essentially an incremental, iterative development approach that allows adjustments to be made to products. Hence it reacts better to changing needs of a project. The [...]
Before discussing how to change the project model during a project, let’s try and first understand why such a need arises. Why a traditional approach might fail to generate results Project managers can definitely change their mind with regards to following the traditional project management approach for a number of reasons. Some of them could include the following: Identification of a defect-there might be a bug which needs to be addressed immediately. The client realizes [...]
When it comes to project implementation, one of the most critical decisions to take is regarding the methodology to be used. There are basically two types of methodologies most commonly employed by businesses. These are: Waterfall or the so called “traditional” approach Agile approach, which is a relatively newer method of project implementation and uses Scrum Let’s try and understand when to use the two methodologies. The Waterfall Model Similar to manufacturing and construction work-flows, [...]
Rakennustieto (Building Information) gives recognition to the wisdom brought by Thinking Portfolio widgets
Rakennustieto promotes good building methods and produces reliable information for infrastructure, building construction, building technology and property management. Rakennustieto is an information house on full service and its products cover the life-cycle of construction from planning to maintenance. […]