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Finland Project Management Roundup for August 2017

REPORT

Updates on Project Management Association Finland; PMI Finland Chapter; Olkiluoto 3 and Hanhikivi 1 nuclear power plants; Helsinki’s Länsimetro extension; Raide-Jokeri light rail transit project

By Dr Jouko Vaskimo

International Correspondent and Senior Contributing Editor

Espoo, Finland

 



INTRODUCTION

This roundup continues the coverage of Project Management Association Finland, PMI Finland Chapter, and the key projects currently going on in Finland.

PROJECT MANAGEMENT ASSOCIATION FINLAND

Project Management Association Finland (PMAF), Projektiyhdistys ry in Finnish, is a not-for-profit organization, and the International Project Management Association (IPMA) Member Association (MA) in Finland. Founded in 1978, PMAF promotes the interaction, project-oriented thinking, and exchange and development of practical and theoretical knowledge among project management professionals with over 4000 individual and 600 organizational members.

PMAF promotes the development and dissemination of project and project management knowledge. PMAF members are able to enjoy information sharing, workgroups, development projects, project management forums, conferences and certification services PMAF provides. PMAF organizes two annual conferences: Project Days (Projektipäivät in Finnish) in early November, and 3PMO in early June. This year the Project Days event takes place on 31.10. – 1.11.2017 in the Helsinki Fair Center. Please navigate to www.pry.fi/en , http://www.3pmo.fi/ , and http://www.projektipaivat.fi/ for further information on PMAF and its main events.

PMI FINLAND CHAPTER

PMI Finland Chapter is a not-for-profit organization providing project practitioners in Finland continuous learning, networking and community support. The Chapter was founded in 2005. Today, with more than 400 members, the chapter is increasingly recognized as place where its members can enhance their project management and leadership skills, as well as network with other project management professionals.

PMI Finland Chapter hosts a number of events such as Breakfast Round Tables, regular meetings taking place once a month in Helsinki and occasionally also in other locations. The chapter members have the opportunity to attend events for free or with a discount and the chapter sends its members a regular newsletter with localized content on project management. Additionally, the Chapter supports its members in their professional development and training.

PMI Chapter Finland has a tradition of organizing an annual conference in spring. This year the conference took place on May 10th, in Helsinki, with the overarching theme “Change!”. Please navigate to http://www.pmifinland.org/ and http://www.conference.pmifinland.org/ for further information on the PMI Finland Chapter and its main events.

OLKILUOTO 3

The 1 600 MW Olkiluoto 3 nuclear power plant, originally contracted to be built by consortium comprising of Areva and Siemens for Teollisuuden Voima (TVO) at Olkiluoto, is currently nearing completion. In July the international arbitration tribunal issued a new intermediate decision regarding the delay penalties of the Olkiluoto 3 unit. This was the second intermediate decision, which TVO considers as aligning with the TVO point of view. TVO Managing Director Mr. Risto Siilos commented “Yes, also this intermediate decision, as well as the one in last November, strengthens our beliefs that our demands are stronger than the demands of the other party”.

The third nuclear power unit to be constructed at Olkiluoto is expected to provide full power in commercial power production in late 2018 – assuming that the remaining works proceed as expected. Nuclear fuel is expected to be delivered to the plant in September 2017; the first fuel charge is expected to be loaded in the reactor in January 2018; the start-up is expected to be initiated in June 2018. At this moment TVO believes the plant will be ready for continuous commercial power generation at the end of 2018. If this is the case, the plant is delivered eight years behind schedule and 5 500 M€ over budget.

The contract for building the Olkiluoto 3 power plant was signed in 2003 for 3 000 M€, and construction began in 2005, targeting completion in June 2009. Due to numerous challenges during the planning and construction phases, the target date has been pushed forward several times, finally to 2018 – nine years in total. According to Areva, the delays have pushed the total cost up to 8 500 M€. Areva and TVO have conducted negotiations regarding the delay and related penalties, with TVO demanding 2 300 M€ from Areva, and Areva 3 500 M€ from TVO: Areva claims TVO has not carried out its contractual duties, and is therefore accountable for the costs of the string of delays. TVO claims Areva has failed to construct the plant according to contractual schedule.

More…

To read entire report, click here

 



About the Author

 


Dr Jouko Vaskimo

Espoo, Finland




Jouko Vaskimo
is an International Correspondent and Senior Contributing Editor for PM World in Finland. Jouko graduated M.Sc. (Tech.) from Helsinki University of Technology in 1992, and D.Sc. (Tech.) from Aalto University in 2016. He has held several project management related positions with increasing levels for responsibility. Jouko holds a number of professional certificates in the field of project management, such as the IPMA Level C (Project Manager), IPMA Level B (Senior Project Manager), PMP, PRINCE2 Foundation, and PRINCE2 Practitioner. Jouko is also a Certified Scrum Master and SAFe Agilist.

Jouko is a member of the Project Management Association Finland, a founding member of PMI Finland Chapter, and the immediate past chairman of the Finnish IPMA Certification Body operating IPMA certification in Finland. Since October 2007, he has been heading the Finnish delegation to ISO/TC 258.

Jouko resides in Espoo, Finland and can be best contacted at jouko.vaskimo@aalto.fi. For more information please navigate to www.linkedin.com/in/jouko-vaskimo-6285b51.

To view other works by Jouko Vaskimo, visit his author showcase in the PM World Library at http://pmworldlibrary.net/authors/jouko-vaskimo/