ARES PRISM Blog

ARES PRISM Is Taking The Mining Industry By Storm

Posted by Gail Moch on Mar 12, 2018 8:00:00 AM

Burlingame, CA: More and more mining companies are embracing ARES PRISM as their project management solution. Greenstone Gold Mines, De Beers Canada and Resolute Mining have all recently begun implementing the ARES PRISM suite of software. ARES PRISM provides these companies with a robust solution to manage their project costs, aligning them to achieve success.

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Topics: Earned Value Management, Dashboards, Change Management, Cost Management, PRISM News, Integration

Stakeholder Management for Project Controls

Posted by Werner Botes on Feb 8, 2018 10:00:00 AM
Group of business people assembling jigsaw puzzle and represent team support and help concept.jpeg

Project management is commonly believed to be the administration of the scope, time, and cost associated with a project. Yet, even when the project-triangle is carefully managed a project can still fail. Although all of these elements are crucial in the determination of project success, a lesser known (and often lesser managed) function within project management is stakeholder management. Without proper stakeholder management, a project is at far greater risk of failure.  

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Topics: Earned Value Management, Project Lifecycle Management, Helpful Tips, Cost Management, Efficiency, Project Controls

Tailoring Your Project Reports To The Right Audience

Posted by Jesse Denham on Jan 9, 2018 7:58:51 AM

Proper project reporting is a complex task that requires understanding how the project fits into the overall portfolio of your organization and how it impacts your customer(s). It’s important to tailor your reporting to what your stakeholders want to see. Tailoring each report to its audience reduces the workload on your project staff. When reports are well aimed, stakeholders are seeing the data they need with minimal excess.

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Where We've Been - Follow PRISM to South Africa, Ghana, and the UK!

Posted by Tiffany Minegar on Dec 18, 2017 1:58:05 PM

Over the past few months, ARES PRISM has been at a host of exciting events in Africa and the United Kingdom. We attended and exhibited at Infrastructure Africa, AACE International South Africa Workshop, West African Ports Evolution, African Ports Evolution, Digital Construction Week and Project Controls Expo.

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Topics: PRISM News

Ten Reasons to Use Time-Phased Budgets Instead of Cost-Loaded Schedules

Posted by Gail Medley on Nov 28, 2017 9:08:39 AM

First, let's do a quick recap of why we use Time-Phased Budgets and a Cost-Loaded Schedules and the various differences between them.

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Topics: Earned Value Management, Cost Management, White Paper Downloads

Introducing PRISM G2 Version 4.3

Posted by Gail Medley on Nov 8, 2017 9:00:00 AM

We are proud to introduce the newest release of PRISM G2 - Version 4.3!  Since the release of Version 4.0, PRISM has introduced an array of exciting features including a centralized change management module, improved reporting, staffing plan updates, and new calculations. 

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CWA Engineers Selects ARES PRISM For Increased Collaboration, Change Control, and Earned Value Management

Posted by Tiffany Minegar on Nov 7, 2017 1:08:48 PM

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Topics: Earned Value Management, Dashboards, Change Management, Cost Management, PRISM News, Integration

What You Should Really Be Scared Of This Halloween

Posted by Gail Medley on Oct 30, 2017 8:25:00 AM

It was a dark and stormy night. A man sat alone in a darkened office building, light from the computer screen in front of him highlighted his expression of fear. Row after row of numbers in disparate spreadsheets filled the screen. Was the project on time? Was it on budget ? THERE WAS NO WAY TO KNOW! 

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Topics: Limitations of Spreadsheets, Cost Management, Commercial Off The Shelf (COTS) Software

DanCar Energy Construction Selects ARES PRISM

Posted by Tiffany Minegar on Oct 12, 2017 9:31:29 AM

DanCar Energy Construction (DEC) is a general contractor in the oil and gas industry and initially inquired about our PRISM Estimating solution. Christopher Stanley, an estimator at DEC, explains that they were “looking to expand our estimating capabilities especially with the implementation of 3D and BIM Takeoffs.”

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Topics: Dashboards, Cost Management, PRISM News, Estimating, Field Management

How The Sunk Cost Fallacy Is Affecting Your Project Decisions

Posted by Ett DiGiovanni on Oct 2, 2017 9:30:00 AM

The Sunk Cost Fallacy is a decision that involves continuing to invest additional resources like people, time or money into a situation because of a desire to not waste the already used, unrecoverable resources. This is a costly mistake we all make with various types of decisions.

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Topics: White Paper Downloads, Project Controls