ARES PRISM Blog

Measuring Project Performance With Earned Value Management

Posted by Gail Moch on May 3, 2018 10:56:32 AM

According to the Project Management Institute, Earned value management is a management methodology for integrating scope, schedule, and resources; for objectively measuring project performance and progress; and for forecasting project outcome. Earned value management a.k. a EVM is a powerful way to gain insight into how a project is performing and what problems the project may face in the future.

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

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

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

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

The Advantages & Disadvantages of ERP Software in Project Management

Posted by Simon Medley on Feb 7, 2017 9:05:00 AM

Enterprise Resource Planning (ERP) software is often used to manage projects, however, it is questionable how effective these systems really are. ERP is a method of using computer technology to link various functions— such as accounting, inventory control, and human resources—across an entire company.  We will be looking specifically at the advantages and disadvantes of the a single all-encompassing solution as opposed to multiple best-of-breed softwares integrated together. 

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Topics: White Paper Downloads, Efficiency, Project Controls

Why Consulting Companies Should Use ARES PRISM Project Management Software

Posted by Gail Medley on Oct 24, 2016 9:30:00 AM

It's well known that ARES PRISM is highly useful for owner companies, but some may be unaware of the benefits it can provide to consulting companies.  

Here are five simple reasons why consulting companies should be using ARES PRISM's Enterprise Project Lifecycle Management Solution including quick deployment, versatility & flexibility, easy reporting, standardized processes and data integrity. 

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Topics: Project Lifecycle Management, Cost Management, Efficiency, Project Controls

3 Reasons Why Owners Need Integrated Project Controls

Posted by Tiffany Minegar on Sep 30, 2016 7:50:08 AM

 

It's well-known that global projects are continuing to grow in size and complexity. These projects become even further complicated when owners attempt to make key decisions based soley off of contractor data. Ultimately, the owners are responsible for the well-being of the project, so its imperative that they invest in effective project controls so that they are not reliant on second-hand information. 

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Topics: Project Lifecycle Management, White Paper Downloads, Efficiency, Project Controls

The Importance of  Data Visualization

Posted by Gail Medley on Sep 9, 2016 8:47:36 AM

"Visualizations reveal insights hiding in raw data, but without the right tools, they can be slow and difficult to build," shares Tableau. 

Luckily using a dashboarding tool allows you to see visualizations of your data - meaning you can quickly identify trends and problem areas. 

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Topics: Dashboards, Project Lifecycle Management, Efficiency

Tips & Tricks: Why Am I Locked Out Of My Project?

Posted by Costa Bitar on Jul 20, 2016 7:00:00 AM

Ever wondered why you're unable to access your PRISM project at a specific moment in time? Especially during period close?

There are times when you will need to access a project but can't because someone is logged in as ‘Exclusive’. It can be incredibly frustrating - but there is a solution!

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Topics: Project Lifecycle Management, Helpful Tips, Efficiency