ARES PRISM Blog

ARES PRISM is Short Listed at Project Controls Expo Awards 2018

Posted by Tiffany Minegar on Aug 21, 2018 3:55:39 PM

 

The Project Controls Expo is one of the premier project controls events in London. This year, they are introducing an awards night that honors outstanding mega projects and the incredible teams behind them. 

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Topics: PRISM News, Cost Management

The 5 Stages of Project Controls

Posted by Andrew Landridge on Aug 10, 2018 12:47:12 PM

Project controls professionals work tirelessly to deliver their projects on-time and within budget. We believe that there are five core project controls that are elements required for the successful delivery of a project or program: Work breakdown structure (WBS) generation and management, estimation, scheduling, cost management and change management. These five elements are further described in the new White Paper: 5 Pillars of Project Controls

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Topics: Project Controls, Cost Management, Change Management, Estimating, White Paper Downloads

ARES PRISM is a Finalist in the London Construction Awards 2018

Posted by Tiffany Minegar on Jul 12, 2018 8:35:45 PM

The London Construction Awards are one of the most prestigious construction awards in London and aim to recognize achievements, development and innovation in the booming construction industry. They feature a wide range of award categories and just announced that ARES PRISM is a finalist for the Technological Innovation of the Year award.

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Topics: PRISM News, Cost Management

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, Project Controls, Efficiency

ARES PRISM Is Taking The Mining Industry By Storm

Posted by Gail Moch on Mar 12, 2018 8:00:00 AM

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.

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Topics: Cost Management, Dashboards, Earned Value Management, PRISM News, Change Management, Integration

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: Project Controls, Efficiency, Cost Management, Helpful Tips, Earned Value Management, Project Lifecycle Management

10 Reasons to Use Time-Phased Budgets Instead of Cost-Loaded Schedules

Posted by Gail Medley on Nov 28, 2017 9:08:39 AM

First, let's do a quick recap of why we use Time-Phased Budgets and Cost-Loaded Schedules and the various differences between them.

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Topics: White Paper Downloads, Cost Management, Earned Value Management

CWA Engineers Selects ARES PRISM For Increased Collaboration, Change Control, and Earned Value Management

Posted by Tiffany Minegar on Nov 7, 2017 1:08:48 PM

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Topics: Cost Management, Dashboards, Earned Value Management, PRISM News, Change Management, Integration

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: Commercial Off The Shelf (COTS) Software, Cost Management, Limitations of Spreadsheets

DanCar Energy Construction Selects ARES PRISM

Posted by Tiffany Minegar on Oct 12, 2017 9:31:29 AM

DanCar Energy Construction (DEC) is a general contractor in the oil and gas industry and initially inquired about our PRISM Estimating solution. Christopher Stanley, an estimator at DEC, explains that they were “looking to expand our estimating capabilities especially with the implementation of 3D and BIM Takeoffs.”

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Topics: PRISM News, Estimating, Cost Management, Field Management, Dashboards