July 2021 Finland Project Management Roundup


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


By Dr Jouko Vaskimo

International Correspondent & Senior Contributing Editor

Espoo, Finland


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

Association of Project Professionals Finland

Association of Project Professionals Finland (APPF) is a not-for-profit organization, and the International Project Management Association (IPMA) Member Association (MA) in Finland. Founded in 1978, APPF promotes the interaction, project-oriented thinking, and exchange and development of practical and theoretical knowledge among project management professionals with over 4000 individual and 200 organizational members.

APPF promotes the development and dissemination of project and project management knowledge. APPF members are able to enjoy information sharing, workgroups, development projects, project management forums, conferences and certification services APPF provides. APPF organizes two annual conferences: Projektipäivät in early November and 3PMO in early June. This year Projektipäivät is coming up on 26 … 27.10.2021 with the theme Ratti käteen? Please navigate to www.pry.fi/en for general information on APPF, and to https://www.oppia.fi/events/3pmo2021/ and https://www.oppia.fi/events/projektipaivat2021/  for information on APPF events.


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 a community 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 organizes an annual conference in the spring, however, due to the COVID-19 pandemic, the 2021 event has been cancelled. Please navigate to www.pmifinland.org for general information on the PMI Finland Chapter and its annual events.


The 1 600 MW Olkiluoto 3 nuclear power plant, originally contracted to be built by consortium comprising Areva and Siemens for Teollisuuden Voima (TVO) at Olkiluoto, Finland, is practically complete. In late March the plant received the approval from Säteilyturvakeskus (Finnish Radiation and Nuclear Safety Authority) to load the reactor with nuclear fuel. Final testing is currently ongoing, and regular power production is expected to commence in February 2022.  In May TVO announced Areva will compensate 600 M€ more in order to complete the unit. Mr. Jarmo Tanhua, TVO CEO, explains “This money will not be paid to TVO – it will be used for completing the project.”

Originally targeted for commercial power generation in June 2009, the power plant has been subject to a substantial number of challenges. In March 2018 an agreement was reached between TVO and Areva regarding the overruns in project budget and time schedule. According to TVO, Areva agreed to compensate 450 M€ assuming the power plant was fully operational by the end of 2019. If the plant was not fully operational at that time, Areva will compensate a further 400 M€. As part of the agreement, both contractual parties agreed to dispend any further judicial acts. It is unclear, whether Areva has already compensated, or will compensate the agreed 850 M€ in full.

Once completed, the 1 600 MW nuclear power station will be one of the largest in the world. TVO has been understandably disappointed that the project is over 200 % over the original budget and almost 13 years behind the original time schedule.

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 – almost thirteen years in total. The delays have pushed the total cost of the unit to 9 000 … 10 000 M€.

Olkiluoto 3 nuclear power plant is almost ready (photo courtesy Roni Lehti / Lehtikuva)


To read entire report, click here

How to cite this work: Vaskimo, J. (2021).  Finland Project Management Roundup. PM World Journal, Vol. X, Issue VII, July. Available online at https://pmworldlibrary.net/wp-content/uploads/2021/07/pmwj107-jul2021-Vaskimo-Finland-Project-Management-Roundup-report.pdf

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/



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