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.
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.
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.
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.
Find yourself forgetting important Earned Value formulas and symbols? Use this handy cheat sheet to refresh your memory! Click here for a printable version.
In 2005, the Defense Contract Management Agency (DCMA) implemented a 14-Point Schedule to help identify potential issues within project schedules. These 14 points act as a means of evaluating schedules to ensure they are built to best practices.
Public-Private Partnerships (also known as P3s or PPPs) are gaining popularity as a way to fund massive infrastructure projects across the globe. The use of P3s makes it possible to invest in projects that would otherwise be neglected, ultimately creating economic opportunity and improved global infrastructure.
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”?
BURLINGAME - SNPEC has successfully implemented ARES PRISM as their enterprise project lifecycle management tool for ensuring the completion of their nuclear projects. SNPEC is currently involved in the development of four units of two AP1000 pressurized water reactors in the Sanem & Haiyang Nuclear Power Plant. Developed by Westinghouse, the AP1000 represents state-of-the-art nuclear power technology. This multi-billion dollar project is incredibly complicated and requires a rigorous project controls process in order to achieve success.