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European Energy | 2023

Effective Support of Project and Portfolio Management

European energy.png

Key outcomes

01

Full transparency in project and portfolio management provides a single, live overview of progress, finances, and risks.

02

Automated document and contract management through an integrated solution with Teams and SharePoint minimizes manual processes and reliance on Excel sheets.

03

Scalable solution supports growing project complexity and is ready for future needs in line with pipeline growth and Power-to-X activities.

The challenge

European Energy develops wind and solar energy projects and has recently started working with Power-to-X, which is the conversion of excess electricity into liquid fuels. This development means that the company needs better project and portfolio management.

European Energy needed a new project management and portfolio solution and a new tool for document and contract management. European Energy is experiencing strong growth, both in terms of the size of projects, the number of projects, and especially the geographical spread of energy parks. They were looking for a portfolio and project management tool. Thus, it was strategic for European Energy to have an IT solution where everything was centralized.

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Maja Rasmussen

Deputy Head of Projects

"Why did we need a new solution? Because the complexity is increasing, and so is our pipeline. So, in order to manage increased complexity and more and larger projects, we needed a qualified base to handle the growing complexity of our projects."

The solution

Success for European Energy meant:

  • A valuable pre-analysis to define solution options and scope to ensure optimal project start.

  • A close and agile collaboration using Teams and Azure DevOps for transparency.

  • Genuine engagement and professionalism from European Energy's management and key project participants.

  • A manageable and user-friendly tool for project and portfolio management.

The solution should provide the following functions:

  • PPM solution supporting project management from idea to project completion and providing full overview of projects and portfolios regarding progress, economics, risk management etc.

  • Linking projects with project documents for optimal user-friendliness (project management and portfolio management).

  • Automatic creation of project team websites with controlled document hierarchy and predefined templates.

  • Automatic tagging upon document upload and access from both Teams and SharePoint.

  • Minimization of Excel sheets.

About European Energy

European Energy is a Danish company founded in 2004 that develops, builds, and operates wind and solar energy projects. Headquartered in Copenhagen, the company is active in over 20 countries and plays a key role in the green transition, including emerging areas like green hydrogen and Power-to-X.

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Offices
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The result

"Now we have a large number of projects that we can follow more or less 'live'. Our new solution also supports our document management, including our contracts."

- Kristian Høeg Madsen, Head of Business Development at European Energy.

"Previously, we had several different platforms that handled what we now have a single platform to handle. We had many different Excel sheets and different platforms where different project managers managed according to their own models. We moved data around. Our new solution has 'the truth' in one place."

- Maja Rasmussen, Deputy Head of Projects at European Energy.

Your Context. Our Starting Point.

At Context&, we get your context before we build your solution. Whether you’ve got questions or just need a fresh perspective, we’re here to listen – and to help.

Get in touch. We’re ready when you are.

Peter Kestenholz
Founder
Peter Kestenholz sitting in front of a sculpture looking at the camera

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