Blog | ARES PRISM

ARES PRISM Is Taking The Mining Industry By Storm

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...

What is PRISM? Is it Cost Management, Risk Management, or Project Management software?

Some have asked, what is PRISM? Is it cost management? Risk management? Project management software? The truth is that PRISM is an end-to-end project life cycle management solution for owners and contractors managing capital projects. It isn't just a cost...

Stakeholder Management for Project Controls

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...

Largest Engineering Project in Europe is On-time and Within Budget!

CBC News just released a video featuring London's massive expansion on its iconic subway system. This megaproject is the largest in Europe with an estimated project cost of $24 Billion USD. With 37 Stations, 8 new sub-surface stations, and 21 km of new twin-bore...

Tailoring Your Project Reports To The Right Audience

Proper project reporting is a complex task that requires understanding how the project fits into the overall portfolio of your organization and how it impacts your customer(s). It’s important to tailor your reporting to what your stakeholders want to see. Tailoring...

Where We’ve Been – Follow PRISM to South Africa, Ghana, and the UK!

Over the past few months, ARES PRISM has been at a host of exciting events in Africa and the United Kingdom. We attended and exhibited at Infrastructure Africa, AACE International South Africa Workshop, West African Ports Evolution, African Ports Evolution, Digital...

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

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. Time-Phased Budgets and Cost-Loaded Schedules are both methods that can be used in the creation of a Performance Measurement Baseline...

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

Burlingame, CA: CWA Engineers Inc. aims to see their projects through their entire lifecycle; from conception to completion. They strive to build long-term relationships with their clients by continually providing innovative and adaptable engineering and project...

What You Should Really Be Scared Of This Halloween

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...

How The Sunk Cost Fallacy Is Affecting Your Project Decisions

The Sunk Cost Fallacy is a decision that involves continuing to invest additional resources like people, time or money into a situation because of a desire to not waste the already used, unrecoverable resources. This is a costly mistake we all make with various types...