Timesheet Tracking Coming to ARES PRISM’s Cost Management

Timesheet Tracking Coming to ARES PRISM’s Cost Management

It’s about time! ARES PRISM is partnering with HMS Software to bring customers an integrated cost management and timesheet solution with TimeControl. Our enterprise cost management module will be equipped with HMS Software’s enterprise TimeControl timesheet software....
How The Sunk Cost Fallacy Is Affecting Your Project Decisions

How The Sunk Cost Fallacy Is Affecting Your Project Decisions

The Sunk Cost Fallacy refers to a decision that involves continuing to invest additional resources such as people, time or money into a situation due to a desire to not waste the already used, unrecoverable resources. Once a resource is spent and is nonrefundable, it...
Stop Using Excel to Manage Multiple Projects

Stop Using Excel to Manage Multiple Projects

Using Excel spreadsheets to track cost and progress for one project is manageable. Excel allows project managers to spend time creating colorful reports and checking their data for accuracy. However, for project managers who have more than one project, perhaps even a...