ARES PRISM Blog

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

How To Improve Your Project Management Batting Average

Posted by Tom Cutting on Sep 27, 2017 9:00:00 AM

If there were a project management hall of fame, would you want to improve your winning streak? Here's how! 

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Topics: Project Lifecycle Management, Helpful Tips, Project Controls

Contract Management with ARES PRISM

Posted by Costa Bitar on Sep 20, 2017 8:00:43 AM

PRISM G2 Contracts is a complete contracts administration tool for owners, EPCs and construction management firms. PRISM G2 Contracts is a core requirement for many of ARES PRISM's clients around the world, including Abu Dhabi Airports (ADAC), Dubai Expo 2020, and many others. The module, has the capabilities to:

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Topics: Project Lifecycle Management, Commercial Off The Shelf (COTS) Software, Project Controls

Why PRISM Docs Is The Leading Document Management Solution

Posted by Ett DiGiovanni on Sep 8, 2017 3:47:34 PM

So you've been searching for a tool to use for document management.  The market is full of options, so how do you know what's right for you? 

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Topics: Helpful Tips, PRISM News, Efficiency

2017 Tech of the Year Awards: Most Innovative Tech Firm - Asia Pacific

Posted by Gail Medley on Aug 30, 2017 7:53:14 AM

We were honored to receive the award for Most Innovative Tech Firm in the Asia Pacific and to be included in the August 2017 edition of the CV magazine. 

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Topics: PRISM News

Alderon Iron Ore & Their Use Of ARES PRISM

Posted by Gail Medley on Aug 9, 2017 8:41:13 AM

Alderon Iron Ore has been of our valued customers since 2013. This Canadian company has recently been working on the Kami Project, a mining opportunity situated in the Labrador Trough, Canada’s premier iron ore district. "With the recent completion of an updated Preliminary Economic Assessment and Economic Impact Assessment, Alderon is re-booting its Kami Project to take advantage of improved iron ore prices, reduced CAPEX requirements, and available infrastructure. With its access to skilled labour, quality infrastructure, and a high-grade deposit, Kami will deliver a quality product that is cost-effectively shipped to customers around the world." (Alderon Iron Ore, 2017)

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Topics: Cost Management, PRISM News, Project Controls