ARES PRISM is a construction project management solution suitable for businesses of all sizes. It offers features such as manpower loading, time and payroll reporting, cost management, equipment tracking and field management.
PRISM provides role-based real-time cost tracking and forecasting which enables users to predict capital projects and programs. Users can estimate data to forecast completion dates, manpower requirements for different projects.
PRISM helps site supervisors to estimate data and create a master schedule. The master schedule helps in modifying tasks on the basis of task duration, date, percentage of completion and more. The solution also assists to track cost of the project which includes material cost, rental equipment cost on a per day basis.
PRISM offers reporting features for funding analysis, progress measurements, supplier and vendor evaluations and more. The solution also includes support for multiple currencies and languages. Support is offered via phone and online portal.
Brian C. Branche: Öl & Energie Mitarbeiteranzahl: 5.001-10.000 Mitarbeiter
There are many benefits to using the software. I like the enterprise reporting capability where multiple cost engineers can be managing projects in the system and that data can be combined at the program level. As a cost engineer, financial analyst, or project manager, there are few tools that can match G2 out of the box. There are definitely some competitors who offer products that can be tailored more to a specific business, but the amount of time and money that is required for the customization is very expensive. G2 is great for anyone who is converting from spreadsheets to a more structured platform.
The things I like most about G2 is that it is ready to go out of the box. G2 provides enough structure for you to start using it immediately, but also offers the ability to customize to many different business needs. G2 can be used at a project or program level to manage projects from a few million to several billion dollars.
Some other benefits are that you can quickly setup the software to integrate with SAP, load actuals, and see your EAC quickly in both tabular and graphical form. You can select your physical progress method to obtain both calculated and independent EAC's.
Integrating the software with Primavera is also very easy by creating a cross-reference utilizing G2's built in utilities. The same can be done to map your estimate to control accounts so that you have a common element at the level which the project is managed.
There are a good amount of standard reports are available and the system also has a report writer available.
When starting a new project, I immediately go to G2. I like the fact that reporting periods are locked down once closed out and forecasts can be obtained easily. The system also allows you to process accruals in a couple of different ways and allows the tracking of both actuals and incurred.
Great software that I will continue to use for many years!
There are a good amount of standard reports available, but if using the report writer, some time is required to learn.
Fred Q. Branche: Bau Mitarbeiteranzahl: 1.001-5.000 Mitarbeiter
For the first time in our organization we managed to drop all excel sheets and use one solution that caters for all business needs. Reporting accuracy has increased noticeably, and time to generate reports has dropped drastically which in turn gave our users the time to do what is more important in their jobs.
- Ease of use, PRISM is user-friendly and allow flexible import/export functionality, plus a lot of utilities that caters for bulk updates.
- Comprehensive Project Controls Capability and features, PRISM is a one stop shop, you don't need to look for additional systems to cover gaps, because there isn't any.
- Fully Integrated solution, All modules talk to each other very efficiently, no need to worry about external integrations.
- Excellent Support team, Experienced and responsive team that resolves issues promptly.
- Reporting features, PRISM standard reports are good but a bit difficult to customize.
Kyle K. Branche: Öl & Energie Mitarbeiteranzahl: 10.001+ Mitarbeiter
Standardized way of implementing projects and standardized reports.
Bulk importing/updating data via excel is very powerful. I also like the flexible coding structures and user defined fields that allow for tracking additional data. Between these 2 I've been able to satisfy all requirements for project cost reporting for several different business units. It has supported all our data requests to date and aided in our Enterprise reporting. This was helped along by us being able to link our Enterprise Analytics tool Spotfire to PRISM G2 for Enterprise reporting.
In my opinion PRISM should have a web interface for managing changes. Changes should be distributed and Reviewed/Approved using email and web links and the change documents should be available from the web page. The reports are flexible by utilizing the coding structures however they are getting outdated and static. This is why we replaced most of the PRISM reports with Spotfire dashboards. They are interactive and more flexible.
Sam B. Branche: Staatsverwaltung Mitarbeiteranzahl: 51-200 Mitarbeiter
Not happy yet, primarily to cludgy reports.
Use of Excel to update via imports and exports
Wide variety of canned reports and processes (includes change control, trends)
Canned 80's/90's style reports that cannot be modified.
Can't copy an existing report to modify and make another report.
Executive Summary reports do not format correctly. S-Curve /Histogram has errors on progress (group that has not started yet shows progress.
Technical Support not consistent.
Dashboard is not included.
Oscar O. Branche: Bau Mitarbeiteranzahl: 10.001+ Mitarbeiter
ARES PRISM is a great tool for any project controls team who wants to elevate the way Cost and Performance Reports are presented to the client. It is a good tool to really manage large amount of data to focus on key aspect of Project Controls: performance, change management, forecast.
PRISM offers a good set of functionalities to manage cost, progress and change in almost any type of project. Standard reports are easy to read and data can be summarized and grouped for cleaner presentation. Data analysis for forecast is simpler than using any spreadsheet. Customer Service is very good.
We still face some software glitches in certain views and when running calculations/reports. User Manuals should be better developed for more complex functionalities, eg. Staffing Plans, Indirect Costs, etc.
Despite our Customer Experience is very satisfactory, there are few improvements and fixes that have been around for a while with no effective response from the development team.