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It was a wild year for everyone, to be sure, but our ARES PRISM team did its best to pivot to support our loyal customers and continue delivering a quality product in spite of all the 2020 pandemic chaos. We would certainly be remiss if we did not mention COVID-19 and all the great efforts taken to ensure the safety of our employees, clients, and future clients. Check out our greatest 2020 achievements:

ARES PRISM’s 25th Anniversary!

ares-prism-25-yearsThis year marked our 25th anniversary! We are thrilled to celebrate 25 years of project management success with so many wonderful clients and so many outstanding projects.

Back in 1995, the first rendition of ARES PRISM was created for use on an LANL project. Over the past 25 years, we have become a leading, best-in-class project management solution for every major project industry.

Learn more about the legacy behind our software and milestones accomplished through the timeline of our 25-year history.

 


For Our Customers

Contractor Portal

Our new Contractor Portal was introduced this year! This innovative new release provides external contractors with secure access to client data. It replaces manual entry and speeds up claim processing. Now, designated vendors (i.e. Suppliers & Contractors) are able to update progress of Contract Pay Items in the PRISM Contract module. And that’s just the beginning! View our webinar exploring the Contractor Portal here

Version 4.7

ARES PRISM Version 4.7 is available and we encourage all PRISM customers to upgrade to the latest version. In an effort to deliver the highest quality product, this release delivers incremental updates to existing functionality and introduces many new areas of functionality, including these highlights:

  • New time-phased data curves for the Cost Management and Engineering modules and two new percent methods added to the Cost Management module.
  • Reporting Updates: New “Budget Type” option available on the Variance Analysis form, the Calculation process and the Variance Analysis report, providing greater flexibility for calculating and identifying variances based on set threshold levels. We also added a new Time-Phased Currency Analysis report that calculates the difference, by Period, between Costs based on the original (Budget) Exchange Rates and the updated (Actual/ETC) Exchange Rates.
  • Wonderful updates made to the Change Management module, including enhancements made to the Change Management Risks Data Pane and Sub-panes, including Risk Type, Risk Impact, Likelihood, Risk Score, and more.

Training

Due to COVID-19, we pivoted our ARES PRISM training courses so that they occurred virtually instead of in our office in Houston, Texas, USA, or on-site at client locations to help keep everyone safe and well. These courses help customers make the most of their software investment. It is a great asset for those looking to add ARES PRISM to their skill set and resume since participants earn professional development units (PDUs) for course completion.


Humble Bragging

Award Nominations

In 2020, we were excited and honored to be finalists for the following major industry awards:
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  • British Construction Industry Awards 2020; Productivity in Construction Initiative of the Year Shortlist

 

  • Off-Site Construction Awards 2020; Infrastructure Project of the Year Finalist


Customer Spotlight

We love bragging about our fantastic customers! This past year we got to highlight some truly great projects, customers, and partnerships by featuring them in case studies and press releases!


Events

While our team usually attends many in-person events across the globe, these types of events were canceled due to COVID-19. But ARES PRISM found other ways to network and share with the project controls community including virtual events and our very own live webinar series


project-management-contentOur Most Popular 2020 Content

We updated our Resource Center to make searching for content by project management topic or category even easier for our readers. We also introduced our helpful project management guides in 2020!

 

White Papers

COVID-19 Industry Related Content

webinar-aresWebinars

We are looking forward to the new year, and hope everyone stays safe and well in 2021!