By using Corporater, the OBOS team now has a unified view of the different portfolios of projects related to the development of properties, construction, or follow-ups in a warranty period. The portfolio contains initiatives and operative risks where different stakeholders can document and comment on the progress, issues, milestones, and risks. This data is then aggregated to different levels so that the management can initiate proper and timely actions.
Corporater Business Management Platform at OBOS
OBOS has a fully digitalized environment with an ERP for the production of information and granular data and a data warehouse for the assembly and consolidation of data from different sources. The Corporater solution which has been in use since 2018, is incorporated into the management of portfolios and risks. The solution provides aggregation of data on project portfolio initiatives up to different management levels in each region. The system further helps in the execution and management of initiatives and reports on risks, different portfolios, regions, and measures.
Using Corporater, decision-makers and project owners have a better fundament for taking necessary actions based on the stakeholders’ comments and assessment of risks. The stakeholders use the system to provide timely inputs on actions to be taken. Dependencies that have a significant effect on each other are identified, communicated, and easier to control and steer to keep portfolios on track and within budgeted cost. OBOS also has a good starting point for ESG reporting with the availability of data and required information on portfolios and related initiatives and risks.