ARES PRISM Blog

Pristine Data From A Powerful Solution

Posted by Gail Medley on Jun 28, 2016 8:30:00 AM

DILBERT © 2016 Scott Adams. Used By permission of UNIVERSAL UCLICK. All rights reserved.

Spreadsheets can be a fantastic resource. They're great for importing and exporting, analyzing small amount of datas, and creating simple reports. However, they are not a smart way to manage your projects, particularly large ones. 

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Topics: Limitations of Spreadsheets, Project Lifecycle Management, Change Management, Cost Management, PRISM News, Efficiency

How Technology is Evolving to Meet Growing Needs of Project Controls

Posted by Simon Medley on Nov 13, 2015 10:42:02 AM

I recently attended a Project Controls Training Workshop where one of the participants asked “which tool is used for cost management?” The trainer stood up with a smile and proudly stated “Excel is the tool used all over the world to manage cost in projects”.

I could not help but wonder whether this was true.  There is no doubt, Excel is a valuable tool.  But does it meet the changing needs of today’s project controls teams especially when they are trying to manage multi-billion dollar projects?  I realised that this is just another example of how software technology has been evolving faster than people have been able to adopt it.

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Topics: Limitations of Spreadsheets

5 Signs You Need Integrated Project Management

Posted by Tiffany Minegar on Aug 19, 2015 2:11:01 PM

According to a study on capital project delivery by Accenture, more than 85% of projects miss their original scheduled completion. There are many reasons for this, but one of the key reasons is a lack of knowledge, on the part of the project team, in providing an accurate assessment of project progress and performance. This can be prevented by integrating project data so that you have a complete view of project status.  Here are 5 signs that you need integrated project management: 

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Topics: Limitations of Spreadsheets, Project Lifecycle Management

Integration of Cost and Schedule at Adani Mining

Posted by Tiffany Minegar on Aug 4, 2015 8:00:00 AM

We are pleased to announce a new PRISM case study with Adani Mining who focuses on coal mining projects in Australia, Indonesia, and India. Adani Mining is a globally admired leader among integrated infrastructure businesses with a deep commitment to nation building. But they were struggling to get crucial cost reports from their ERP system and were wasting time trying to manipulate reports in excel spreadsheets.

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Topics: Limitations of Spreadsheets, Implementation Strategies, Cost Management, Forecasting, PRISM News

Integrated Field Management and Labor Cost Management at Laing O'Rourke Australia

Posted by Tiffany Minegar on Apr 15, 2015 4:44:01 PM

We are pleased to announce a new PRISM case study with Laing O'Rourke, Australia's largest privately-owned construction company and an $8 billion global engineering enterprise. This case study explores the power of integration of field progress, project schedule, labor cost, and timesheet resources information. Learn about some of the challenges that they faced before using an integrated field management and cost management solution.

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Topics: Limitations of Spreadsheets, Change Management, Implementation Strategies, Cost Management, Forecasting, PRISM News

Jack B Nimble: Those Darn Spreadsheets!

Posted by Jack B Nimble on Oct 23, 2014 10:34:00 AM

INTRODUCTION:

My name is Jack B Nimble. I'm like you. I am a hard working project controls professional who aims to keep project controls running properly. I lead a talented team that is understaffed and often overworked. I constantly feel like I have to do more with less and get frustrated by how long it takes to manually produce reports I can trust. 

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Topics: Limitations of Spreadsheets, White Paper Downloads

Knowing When Excel Spreadsheets Have Reached Their Limit

Posted by Tiffany Minegar on Oct 12, 2014 6:00:00 AM

Let’s say you have one project that you are in charge of. Sure, you can get by using Excel spreadsheets to track cost and progress. Sure, you can spend time creating colorful reports and checking all your data for accuracy. But, let’s say you don’t have one project. Let’s say you have a portfolio of projects – all with millions of dollars on the line. Yeah, things just got a whole lot more complicated. 

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Topics: Limitations of Spreadsheets, White Paper Downloads