ARES PRISM Blog

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

Analyzing S-Curves Using ARES PRISM Software

Posted by Gail Medley on Aug 4, 2017 2:45:13 PM

S-curves can be an incredibly powerful tool in the management of projects. They graphically display cumulative progress information over time and can be used to gain valuable insight into any type of project. The curves provide an intuitive method for the project team and stakeholders to understand how a project is progressing.

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Topics: Earned Value Management, Dashboards, White Paper Downloads, Reporting

Where We've Been - Follow PRISM to Colorado Springs, Las Vegas, Dubai, South Africa, London and Orlando

Posted by Tiffany Minegar on Jul 17, 2017 1:23:51 PM

This quarter, ARES PRISM flew around the globe meeting our PRISM fans at a whole host of events. We participated in the National Space Symposium, Collaborate 17, RICS Commercial Management Conference, AACE International Conference, African Construction Expo, Southern African Railway Association, National Infrastructure Forum 2017, and AACE Annual Meeting. We cannot wait for the rest of the upcoming events this year!

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Topics: PRISM News

Eurasian Resources Group Chooses ARES PRISM for Metalkol Roan Tailings Reclamation Project

Posted by Phillippa Dean on Jun 15, 2017 10:25:43 AM

EURASIAN RESOURCES GROUP AFRICA CHOOSES ARES PRISM SOFTWARE FOR ITS METALKOL ROAN TAILINGS RECLAMATION PROJECT IN THE DEMOCRATIC REPUBLIC OF THE CONGO

Johannesburg, South Africa, 15 June 2017 - Eurasian Resources Group Africa (“ERG Africa” or “the Company”) today announced that it will be adopting the latest PRISM G2 software from ARES Africa (Pty) Ltd, the local representatives of ARES Project Management LLC, a leading project management software and services provider.

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Topics: PRISM News

What is Service Oriented Architecture?

Posted by Gail Medley on Jun 2, 2017 10:00:00 AM

You may or may not have heard of Service Oriented Architecture (SOA), but this approach is actually at the core of successfully integrating your various software systems. 

A Service Oriented Architecture (SOA) is an architectural approach where you expose and encapsulate services in a coarse-grained manner. It helps to enable integration interaction between systems.  To put it in more basic terms, it is different services communicating with one another. 

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Topics: White Paper Downloads, Efficiency, Project Controls, Integration

Why Invest In Estimating Software?

Posted by Gail Medley on May 11, 2017 7:51:35 AM

Estimates are a necessary part of project management that simply cannot be avoided. Accurate and timely estimates can mean the difference between project success and failure. But beyond that, why should you invest in Estimating software?

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Topics: Project Lifecycle Management, Forecasting, White Paper Downloads, Commercial Off The Shelf (COTS) Software, Efficiency, Project Controls

AACE International Awards ARES PRISM with "Excellence in Cost Management"

Posted by Tiffany Minegar on May 1, 2017 5:29:41 PM

ARES PRISM is honored to accept this year’s AACE International award for Excellence in Cost Management.  The purpose of this award is to recognize outstanding organizations who embody standards for excellence and innovation in the field of cost, risk and project management.  ARES PRISM was acknowledged for its outstanding efforts in the Crossrail, Dubai Expo 2020, and Abu Dhabi Airport expansion projects. 

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Topics: Cost Management, PRISM News

Strategic Partnership between ARES Project Management and Infracon Consulting

Posted by Scott Hyman on Mar 27, 2017 8:34:51 PM

Rosebank, Johannesburg, South Africa – At an event held on 23 March, ARES Project Management LLC, a subsidiary of ARES Holding Company, and Infracon Consulting (Pty) Ltd, a level 1 B-BBEE majority black female owned Proudly South African Company, launched their strategic partnership to serve the African continent. This collaboration places Infracon Consulting as one of the first black female owned companies to partner with a global giant in project management like ARES. The event was well attended by government agencies, SOEs, and large corporations in the private sector.

This partnership envisages itself taking the leadership position in infrastructure investment and development across the continent. ARES is extremely excited about our new partnership as well as our investment in Infracon and the possibilities that this collaboration brings to the African marker. Infracon has a positive reputation and holds a leading position in the market for providing outstanding project controls and project support services, which will now be further enhanced with the addition of ARES PRISM software to their service offering.

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Topics: PRISM News

Biggest Causes of Cost & Schedule Overrun

Posted by Gail Medley on Mar 21, 2017 11:55:21 AM
Cost and schedule overruns can completely derail a project. No one wants that! So its important to look at the major pain points that contribute to overruns which include:  
  • Limited access to information
  • Lack of trust in data
  • Manual preparation of reports
  • Inconsistent processes
  • Management reserve (contingency) is spent too quickly
  • Surprises that cause overruns in cost and time

Project Management Offices (PMOs) are in a unique position to develop strategies to avoid these pain points.

And that's why we wrote our newest white paper.  We wanted to look at strategies that can be used by PMO's to resolve the causes of most cost and schedule overruns.  Start learning from other high performing and mature PMO's who utilize these strategies: 

  • Get the questions right
  • Simplify getting to the answer
  • Optimize reports
  • Analyze and forecast
  • Adapt, evolve and engage

New Call-to-action DOWNLOAD WHITE PAPER: STRATEGIES FOR HIGHLY EFFECTIVE PMOs

The Project Management Office (PMO) is responsible for enabling the decision-making process; verifying and reporting progress; and facilitating communication across the Engineering, Procurement and Construction (EPC), Project Management Contract (PMC), and Owner Operator (OO). This white paper provides strategies utilized by high performing and maturing PMOs to accomplish these goals.

 

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Where We've Been - Follow PRISM to London, Montreal & California

Posted by Tiffany Minegar on Mar 15, 2017 10:39:49 AM

The beginning of the year has been a busy and exciting time for ARES PRISM.  We participated in AACE's Western Winter Workshop and the CG/LA Global Infrastructure Forum. We also hosted a UK PRISM Seminar & Networking Event. We love meeting all our PRISM fans and look forward to upcoming events this year!

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Topics: PRISM News