ARES PRISM Blog

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

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 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

What Does "Out Of The Box" Software Really Mean?

Posted by Ett DiGiovanni on Aug 9, 2016 2:33:31 PM

When someone tells you that something is “out of the box”, what goes through your mind?

The reason I ask is that you may be surprised by what the term “out of the box” means to some people, especially in regards to software.  Some companies argue that “out of the box” includes software that provides basic functionality when initially installed, but requires additional custom development before it would be considered usable in a working environment.  After all, they argue, the software is partially usable - it can be installed on a computer and will start, it will show basic forms and menus. True, it doesn’t yet include all the functions you need, but that’s just a configuration issue, right? The software seller has promised to “configure” the software (for an additional cost over a period of months) to include the missing functions.  So, why can’t they call their software “out of the box”?

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Topics: Earned Value Management, Project Lifecycle Management, Change Management, Cost Management, Commercial Off The Shelf (COTS) Software

PRISM for Joint Venture Projects

Posted by Ett DiGiovanni on Dec 22, 2015 2:19:31 PM

Formation of Joint Ventures

Over the years projects have grown progressively larger and more complex. Execution of these large projects may require access to specialized project management knowledge contributed by an array of different people.  

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

Client Server, Cloud or Hosted Solution?

Posted by Simon Medley on Dec 16, 2015 1:30:37 PM
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Topics: Project Lifecycle Management, Change Management, Cost Management, Forecasting, Commercial Off The Shelf (COTS) Software, Engineering, Procurement, Contracts

Project Management Dilemma: Develop a Custom Solution or Purchase “Out-of-the-box”

Posted by Ett DiGiovanni on Dec 15, 2014 2:41:00 PM

Introduction:

We’ve all heard the saying, “Caught in the horns of a dilemma”. It relates to the need to make a decision between two equally unfavorable situations. Hence the word “horns”.

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Topics: White Paper Downloads, Commercial Off The Shelf (COTS) Software

A Project Is A Project Is A Project: Project Controls No Matter What Size Project

Posted by Ett DiGiovanni on Sep 4, 2014 2:51:00 PM

All projects require budgets, schedules, and a performance management baseline. All projects require change management and status reports to stakeholders. So, why do only big projects get dedicated project controls when every project needs it? 

You may be familiar with the phrase “A rose is a rose is a rose”. Or maybe even “A rose by any other name would smell as sweet”. Both phrases, the first by Gertrude Stein and the other by William Shakespeare, typically connote the idea that, with all things considered, you can’t change what something is. In that same vein, I would venture the phase “A project is a project is a project.”  While not poetic, there is a truth in it.

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

Let's Learn From Our Mistakes: Perfect Project Change Management

Posted by Ett DiGiovanni on Jul 15, 2014 9:29:00 AM

We have all done it.  We know what it’s like to track changes on a project manually. It seems much easier than having to create change records and get everyone’s approval.  But there is a high risk involved in this manual approach. Not only can it affect the validity of our project data, but it obscures visibility into our projects true health.  Here’s my story about the importance of project change management. 

Awhile back I was asked to help out one of our clients.  They were using our PRISM software for project controls on a refinery project.  The project had already been running for a couple of years and they were about 50% complete. 

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Topics: Change Management, Commercial Off The Shelf (COTS) Software