Alderon Iron Ore & Their Use Of ARES PRISM

Posted by Gail Medley on Aug 9, 2017 8:41:13 AM

Alderon Iron Ore has been of our valued customers since 2013. This Canadian company has recently been working on the Kami Project, a mining opportunity situated in the Labrador Trough, Canada’s premier iron ore district. "With the recent completion of an updated Preliminary Economic Assessment and Economic Impact Assessment, Alderon is re-booting its Kami Project to take advantage of improved iron ore prices, reduced CAPEX requirements, and available infrastructure. With its access to skilled labour, quality infrastructure, and a high-grade deposit, Kami will deliver a quality product that is cost-effectively shipped to customers around the world." (Alderon Iron Ore, 2017)

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Topics: Cost Management, PRISM News, Project Controls

AACE International Awards ARES PRISM with "Excellence in Cost Management"

Posted by Tiffany Minegar on May 1, 2017 5:29:41 PM

ARES PRISM is honored to accept this year’s AACE International award for Excellence in Cost Management.  The purpose of this award is to recognize outstanding organizations who embody standards for excellence and innovation in the field of cost, risk and project management.  ARES PRISM was acknowledged for its outstanding efforts in the Crossrail, Dubai Expo 2020, and Abu Dhabi Airport expansion projects. 

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Topics: PRISM News, Cost Management

Earned Value Cheat Sheet

Posted by Gail Medley on Jan 17, 2017 7:00:00 AM

Find yourself forgetting important Earned Value formulas and symbols? Use this handy cheat sheet to refresh your memory! Click here for a printable version.

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Topics: Earned Value Management, Helpful Tips, Project Controls, Cost Management

Importance of Project Controls Software in Public-Private Partnerships

Posted by Gail Medley on Nov 3, 2016 5:22:06 PM

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. 

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Topics: Cost Management, Project Controls, Earned Value Management

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

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

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

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

Automated Change Management at Crossrail

Posted by Tiffany Minegar on Sep 3, 2015 8:54:36 AM

We are pleased to announce a new PRISM case study with Crossrail which is a 118-kilometre (73-mile) high frequency, high capacity railway in London. They have been working to create this railway by excavating 42km of tunnel underneath the city. 

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Topics: Change Management, Implementation Strategies, Cost Management, PRISM News

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