Aarni's Blog

  • Home
  • About
  • Identify and analyze project risks with our app

    • 19 Jan 2012
    • 0 Responses
    •  views
    • app ipad project portfolio risk analysis tools
    • Edit
    • Delete
    • Tags
    • Autopost

    Our very first iPad app, Thinking Portfolio® Risk Analysis, is now available on App Store.

    The app helps you in the identification and analysis of project risks and opportunities. You can use it effectively in all kinds of projects, large and small.

    Studies suggest that around a third of all projects fail. One of the most under-reported areas of project failure is risk management. In many cases the management has neglected proactive risk identification, analysis, and mitigation. All too often project managers and steering groups address problems reactively, causing schedules and budgets to be exceeded. This leads to schedule slippage, budget overruns, and staff overtime, even burnout.

    Thinking Portfolio® Risk Analysis makes proactive project risk identification and analysis an engaging, positive experience.

    The application is intuitive, versatile, and visual. It makes it easy to determine and discuss project risks and opportunities, analyze them visually, and share the results within the project management team.

     

    Check it out at http://www.thinkingportfolio.com/riskanalysis/ or go directly to App Store to buy it.

     

    Ipad-horizontal-large
    Image Copyright 2012 Thinking Portfolio

    • Tweet
  • Our new project portfolio management site opened

    • 8 Aug 2011
    • 1 Response
    •  views
    • project portfolio
    • Edit
    • Delete
    • Tags
    • Autopost

    We have launched a new site for Thinking Portfolio® at http://www.thinkingportfolio.com. Based on the number of visitors and downloads just a few days after the launch the topic of project portfolio managment is hot.

    During a tough economic climate it is necessary to invest in the right development projects. Thinking Portfolio is a strategic management tool that helps companies and other organizations see and manage their whole project portfolio.

    Visit http://www.thinkingportfolio.com for more information. Register to download our publications or contact me directly.

    Thinkingportfolio_com

    • Tweet
  • Why not stop a development project gone sour?

    • 3 Jun 2011
    • 1 Response
    •  views
    • decision-making project portfolio projects
    • Edit
    • Delete
    • Tags
    • Autopost

    The National Audit Office of Finland looked at five climate and environmental development programs that were partly financed by the government. The results were quite disappointing.

    In the latest issue of a the Finnish Talouselämä magazine Olli Ainola writes about green technology development programs that got 197 million euros of government funding. It was around 50% of the program budgets. The rest of the money came from the companies involved. 

    The discrepancy between goals and actual results is staggering:

    • The programs were supposed to create 11 000 new jobs. Result –1 235.
    • The planned turnover was to be 8 billion euros. Result – 642 million.
    • The value of export was anticipated to be 6 billion euros. Result – 360 million.

    The critics of the audit point out that there was a depression going on, one of the programs is still running, and two were just completed.

    It is hard to say, based on this information alone, how well the programs were prepared, and what the level of risk analysis had been. These were, obviously, high-risk endeavors.  

    In any case one question remains. Were the financing partners at any point considering that the programs should simply be stopped? This is something that seems to be difficult to do, both in corporate and public development. If the conditions of the project have changed, and the project is going to fail miserably, why not say, “Stop!”

    Disappointment
    Photo: iStockphoto

    • Tweet
  • About


    28767 Views
  • Archive

    • 2012 (6)
      • May (1)
      • April (2)
      • March (2)
      • January (1)
    • 2011 (35)
      • December (2)
      • November (2)
      • September (3)
      • August (3)
      • July (1)
      • June (2)
      • May (1)
      • April (3)
      • March (3)
      • February (7)
      • January (8)
    • 2010 (19)
      • December (5)
      • November (14)

    Get Updates

    Subscribe via RSS
    TwitterLinkedIn
  • Sites I Like

    • My company
    • My other blog
    • Business Consulting Buzz
    • Thinking Portfolio