Benchmarking projects involves comparing project processes and performance metrics to either industry best standards and practices or successful completed projects. In some instances, benchmarking comparisons are done in relation to other companies, but in terms of...
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...
While the global construction industry had a 3% anticipated growth rate for 2020 ahead of the pandemic, this forecast was reduced as COVID-19 spread worldwide. There are many ways the global pandemic has affected the global construction industry, and here we cover the...
Earned value is the most effective and accurate technique for measuring a project’s performance. Calculating earned value (EV) in project management for measuring progress and performance can be done in many ways. Every project is different, and each project may...
What is the difference between project controls and project management? Project controls and project management are not the same thing, in fact, project controls is a function of project management. Let’s define and discuss these two project elements. Project...
There are so many project ideas floating around in organizations. It can be difficult to sort out which projects are the right ones to add to portfolios. Choosing the right projects or programs that will yield the highest returns requires a process of project...
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