Benchmarking in Project Management

Benchmarking in Project Management

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...
Year in Review: ARES PRISM 2020

Year in Review: ARES PRISM 2020

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...
How Covid-19 Has Impacted Construction in 2020

How Covid-19 Has Impacted Construction in 2020

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...
How to Calculate Earned Value (EV)?

How to Calculate Earned Value (EV)?

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...
The Difference Between Project Management & Project Controls

The Difference Between Project Management & Project Controls

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...