Enterprise Project Lifecycle Management

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 Predict and Influence Project
Success with ARES PRISM
ARES PRISM is an Enterprise Project Lifecycle Management solution that supports the planning, execution and
completion of projects for dependable forecasts, cost control, and performance measurement. Experience the
benefits of PRISM quickly with simple, fast implementation from an out-of-the-box solution. Achieve superior
project controls by gathering all project data into one central location, which will reduce project risks, increase
team communication and improve data quality. PRISM aligns the project budget and schedule, provides change
management workflow and delivers accurate reports and dashboards that provide the transparency required to
pinpoint potential problems and make strategic decisions.
Today, projects are continually increasing in size and scope. Owners and contractors are faced with mounting
pressure to adopt stringent project cost and earned value management processes for increased project
transparency. Without comprehensive earned value analysis, troubled projects can spiral out of control before
anyone recognizes a problem exists. Improved planning, budgeting, earned value management and cost control
are imperative to reduce project risk and secure on-time, within budget delivery.

Simple and Fast Implementation:

PRISM Benefits:
Improve Financial Performance:
• Decrease project management overhead
costs and optimize cash flow to increase
profitability
Improve Workflow:
• Standardize project performance
measurement techniques across all
projects
Enhance Visibility and Control:
• Transparency into project execution
Scalability:
• Maintain excellent response time
regardless of the number of projects, the
amount of project data, or the number of
users
Measure Performance across all
Projects, Programs, and Enterprise:
• Centralized system with earned-value
analysis and simplified month-end
progress and status reporting
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Depending on the size and scale of the implementation
and the readiness of data, count on 5 days per project
for the initial pilot. This makes PRISM truly out-of-the-
box with no customization required!
Day 1: PRISM is installed and staff
commences training.
Day 2: Once project data is cleaned, it is loaded
manually through imports.
Day 3: Staff begins to analyze the project data
with PRISM.
Day 4: Business processes are blended with
project controls best practices.
Day 5: Meaningful reports are produced and
data is published to the Dashboard.
Early Project Optimization
Reduces Costs:
The best opportunity for project cost savings is during
the definition, planning, and early design phases of
a project. PRISM provides an end-to-end complete
project lifecycle management solution to help global
organizations reduce costs and increase visibility.
PRISM effectively eliminates organizational silos by
having all project data in one central location, allowing
all project stakeholders easy access to data for analysis
and decision making.
 PRISM Process for Project Success

01 Plan
PRISM Experts assist
in the Planning for Dashboard, C
Projects, Programs or ost, Engineer
ing
Portfolios
Plan

02 Define e Define
Estimate, Schedule,
Earned Value and
Estimate, Schedule, Chang
Deliverable Tracking
Execute
ie ld
voice, F
03 Execute , Co ntract, In Close
Progress in the Field,
POs and Contracts,
Procure
rt
Repo
Track Changes

se,
Warehou
04 Close , Data
Historical Data is Docs
Captured through use
of a Data Warehouse

STAGE 1 STAGE 2 STAGE 3

Feasibilty Development Operations and
and Testing Maintenance

Why PRISM?
PRISM offers many comprehensive modules to accurately emulate workflows and business processes
throughout the project lifecycle. These PRISM modules include: Cost, Engineering, Procurement, Contracts,
Field, Estimating, Dashboard, Docs and INtegrator.

PRISM G2 Cost:
Customers implement PRISM G2 Cost to secure on-
time and within budget project deliverables. Integrate
project schedules and cost estimates to develop time-
phased budgets and forecasts, as well as measure
performance and productivity using cost, hour, and
quantity control elements. This module supports all
required processes including: budgeting, resource
planning, time-phasing, progress and performance
measurement, earned value management, cost and
schedule analysis, risk tracking, funds allocation,
forecasting, and reporting.

Cost Benefits & Features:

• Quick Setup of Project Performance
Measurement Baselines
• Easy Interface with Legacy ERP Systems
• Built-in Time Saving Utilities
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 PRISM G2 Engineering:
PRISM G2 Engineering is an earned value engineering
progress solution designed for budgeting and
monitoring hours by tasks, deliverables, and packages.
Engineering documents can be progressed using
various methods including pre-defined milestones.
Documents linked to engineering packages are
subsequently linked to Control Accounts in PRISM G2
Cost to provide progress and performance at multiple
levels of detail.

Engineering Benefits & Features:

• Accurate Reporting of Engineering Progress
• Precise Reporting of Engineering
Performance
• Track Engineering Changes

PRISM enables engineering and construction companies

to increase productivity and gain greater confidence in
stored data.

PRISM helps energy, electric, and utility organizations

standardize business processes and reduce month end
reporting cycles.

PRISM G2 Procurement:
PRISM G2 Procurement provides the required
functionality to manage the complete procurement
process for any size or type of project. Customers can
easily generate purchase requisitions, Requests for
Quotation (RFQs), bid analyses, and purchase orders
by accessing process equipment and bill of material
databases. Upon award, manage shipments to ensure
items are properly tracked and delivered to the job site
according to plan.

Procurement Benefits & Features:

• Generate Engineering Requisitions and
Purchase Orders
• Useful Pre-made Procurement Standard
Reports
• Functional Project-Specific Design
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 PRISM G2 Contracts:
PRISM G2 Contracts is a complete contracts
administration tool for owners, EPCs and construction
management firms. Create prime contracts, manage
Request for Proposals (RFPs), conduct bid analyses,
award committed contracts, as well as complete
payment processing.

Contracts Benefits & Features:

• Record Contract Bids, Perform Bid Analysis,
and Award Contracts
• Evaluate Contract Performance and Calculate
Accurate Progress
• Monitor Contract Invoices to Ensure Timely
Payments

PRISM helps mining organizations to reduce dependency

on error-prone spreadsheets and provide trustworthy
reports to management.

Oil & Gas companies implement PRISM to increase

efficiency and enable accurate forecasting.

PRISM G2 Field
PRISM G2 Field is an essential progressing tool for
efficient and timely status updates from the field. Keep
the team, including contractors and subs, on track by
identifying critical issues when tasks are going over
budget or falling behind schedule. PRISM G2 Field is
used to develop progress accounts and progress items
that are budgeted and tracked in terms of quantities
installed or completed as well as hours worked for field
activities. With detailed field management throughout
the project lifecycle, the project team will be alerted
to issues in a timely manner allowing for the rapid
development of corrective actions to keep projects
on-time and within budget.

Field Benefits & Features:

• Accurate Reporting of Construction Progress
and Performance
• Compare Budget, Earned and Actuals
• Record Actuals from the Field Using Any
Mobile Device
• Track Construction Changes
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 PRISM Estimating The rail industry overcomes program challenges by
automating the change management approval process
PRISM Estimating (powered by CostOS) is designed with PRISM.
for organizations that require consistency and
centralization of estimates and estimating data. With
PRISM Estimating, users can create conceptual
estimates for feasibility studies resulting in a range of
detailed estimates that help to win work and develop
sound budgets.

Estimating Benefits & Features:

• Seamless Functionality
• Embedded BIM Technology
• Integration
• GIS TakeOff

PRISM INtegrator:
PRISM INtegrator is an out-of-the-box integration
platform that connects IT systems, ERP systems, and
financial systems enabling companies to orchestrate
data flow that supports business goals.

INtegrator Benefits & Features:

Airport organizations are using PRISM to integrate with
contractors performance data, trends and change orders.
PRISM Docs:
• Automate communication between PRISM,
Oracle, SAP, Microsoft Excel, and more
• Reduce mistakes and duplications caused by
human error
• Increase business performance and
efficiency
• Lower operational costs and improve revenue
performance

PRISM Docs (powered by Adept) is a documentation

PRISM is used to manage billion dollar infrastructure
management solution for finding, sharing and
projects each year with change management, cost control,
controlling critical technical and business documents. and performance measurement.
It is a simple and flexible tool for solving the
most complex data management, workflow and
collaboration changes while easily addressing the
unique requirements of other departments across the
enterprise.

Docs Benefits & Features:

• Automate manual processes to improve
workflow
• Consistent interface for document access
and control
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PRISM Dashboard:
PRISM Dashboard (powered by Tableau) enables
executives and project controls professionals to
visualize their data and understand project, program,
and portfolio performance at a glance. It allows quick
analysis of projects at the enterprise level while also
being able to drill down into individual projects. By
using PRISM Dashboard and PRISM’s embedded
KPI’s, exposure to project risks and costly surprises
are markedly reduced, minimizing their
impacts on project funding. Users of
Dashboard can view performance
budgets, earned values, actuals,
commitments, forecasts, variances,
and per-formance indices, while
driving executive insight in real-time.

Dashboard Benefits
& Features:
• Save Time
• Reduce Risks
• Save Money
• Fast Analytics
• Smart Dashboard
• Connect All Data

SCOTT HYMAN
Vice President

Australia Office: +61-(0) 3 99097724 • Australia Cell: +61-(0) 45378996

USA Cell: +1-704-699-0131 |
shyman@aresprism.com • www.aresprism.com

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 Enterprise Project Lifecycle Management

+1 925-322-8899 prisminfo@aresprism.com www.aresprism.com

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