ARES PRISM Pricing, Features, Reviews & Comparison of Alternatives

ARES PRISM

Enterprise project controls and project management software

4.29/5 (24 reviews)

ARES PRISM overview

What is ARES PRISM?

ARES PRISM is an on-premise and web-based solution helping organizations measure progress and performance across projects and programs. Key features include cost management, change management, contracts, procurement, engineering, documentation, estimating, field management, and earned value management.

The ARES PRISM platform comes with a centralized dashboard, which enables executives to view forecasted costs, approve pending changes, schedule milestones, spot project trends, identify high-risk projects, and manage time-phased cash flow data. Finance teams can create control accounts to manage project data, plan resource allocations, and measure productivity using cost, hour, and quantity control elements. Plus, managers can establish budgets by tasks and deliverables, as well as group and organize documents with flexible coding.

ARES PRISM's contract management module helps teams collect contract bids, evaluate contract performance, and record invoices and payments to complete contract transactions. It lets users work collaboratively on estimates and historical databases, enhancing consistency in processes across the organisation. Managers can provide role-based access to procurement professionals and generate supplier performance scorecards.
www.aresprism.com

Devices

Business size

S
M
L

Markets

United States, Asia, Australia, Brazil, Canada and 9 other markets, China, Europe, Germany, India, Japan, Latin America, Mexico, Middle-East and Africa, United Kingdom

Supported languages

English, French, German, Japanese, Portuguese, Spanish
ARES PRISM screenshot: ARES PRISM contracts managerARES PRISM - Enterprise Project Lifecycle ManagementARES PRISM screenshot: ARES PRISM cost managementARES PRISM screenshot: ARES PRISM engineering documentsARES PRISM screenshot: ARES PRISM building modelARES PRISM screenshot: ARES PRISM purchase order management

ARES PRISM reviews

Value for money
Features
Ease of use
Customer support
  4.4
  4.1
  4.0
  4.4
Brian Codding

Great cost control software with instant budget and schedule integration

Used daily for 2+ years
Reviewed 2017-09-29
Review Source: Capterra

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.

Pros
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!

Cons
There are a good amount of standard reports available, but if using the report writer, some time is required to learn.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Fred Qaddoura

PRISM - Oct-2019

Used daily for 2+ years
Reviewed 2019-10-02
Review Source: Capterra

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.

Pros
- 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.

Cons
- Reporting features, PRISM standard reports are good but a bit difficult to customize.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Chris Donohue

I have had experience with the PRISM software products since 1996, my level is expert.

Used occasionally for 2+ years
Reviewed 2017-09-26
Review Source: Capterra

Reduced effort in managing the monthly reporting process, reduced duplicate work, reduced effort spent finding mistakes in the multiple systems we used. ROI was realized quickly. Baseline can be established quickly allowing the monthly reporting and trending processes to begin sooner in the project cycle. Ability to establish a baseline while the other systems (schedule & estimate) are being fine tuned. The change management features save time on the project and allow changes to be incorporated very quickly!

Pros
It's ready to go on Day 1, you can actually load data and start configuration immediately and develop a PMB very quickly. I've used on Mining, O&G, Energy, Land Development, Rail, Airports, Government EVMS required projects, and even IT projects and PRISM has always met my program' / projects' needs. If there is a gap, the ARES team works to understand the requirement and close the gap. The ROI was quick as the implementation and training cost were fare less than other tools on the market. The system has many reports to analyze a programs performance if tracking unit rates, quantities or just contract and subcontract values. It's easy to get data into and out of the system and doesn't require complex work flows.

Cons
The on-screen analytics can be improved. All analytics run through reports or from the Dashboard system. It has taken us a long time to get service packs to fix technical issues in the past. It's seems to be getting better. Most issues were addressed with simple work-a-rounds luckily.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Kyle Kasur

PRISM G2's database is comprehensive and meets our needs

Used daily for 2+ years
Reviewed 2017-10-24
Review Source: Capterra

Standardized way of implementing projects and standardized reports.

Pros
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.

Cons
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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Gary Atchison

PRISM G2 has been an integral part of our PC tool box helping to deliver 6+B of transit expansion

Used daily for 2+ years
Reviewed 2017-09-14
Review Source: Capterra

This product helped my client manage a multi billion, 10+ year Transit Expansion Program in the Denver Metro area. The transit agency's budget, cost and contracts systems were hampered by limitations that would not support long-term projects. PRISM (PPM thru G2) was implemented to remedy these issues.

Pros
ARES has listened to the industry and has adopted necessary functionality to help project teams deliver on time and to budget. The system adapts will to varying project delivery scenarios and will work for contractors as well as big program level conditions. From scoping/budget development, through implementation, change management, funds tracking/control, schedule interface, all the bases are covered. Really solid product.

Cons
Long time user of PRISM PPM, so there was some "look" and "feel" adjustments to make. All good in the end. Data cut-over from old system wasn't an issue. Minor bugs have been worked out during early G2 version release(s), but this is typical of any software roll out.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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ARES PRISM pricing

Pricing options
Free trial
One time license
Subscription
View Pricing Plans

Contact ARES PRISM for online demo or pricing details at prisminfo@aresprism.com.

ARES PRISM features

API
Activity Dashboard
Collaboration Tools
Progress Tracking
Project Management
Project Planning
Project Tracking
Projections
Reporting & Statistics
Task Management

Activity Tracking (121 other apps)
Automatic Notifications (124 other apps)
Drag & Drop Interface (124 other apps)
Gantt Charts (114 other apps)
Prioritizing (141 other apps)
Project Time Tracking (167 other apps)
Task Planning (108 other apps)
Task Tracking (142 other apps)
Third Party Integration (131 other apps)
Timesheets (114 other apps)

Additional information for ARES PRISM

Key features of ARES PRISM

  • Budget Management
  • Budget Tracking/Job Costing
  • Budgeting & Forecasting
  • Change Management
  • Change Orders
  • Collaboration
  • Compliance Tracking
  • Cost Management
  • Earned Value Management
  • File Sharing
  • Incident Reporting
  • Inventory Control
  • Overrun Reporting
  • Percent-Complete Tracking
  • Performance Measurement
  • Portfolio Management
  • Production Cost Tracking
  • Progress Measurement
  • Project Planning/Scheduling
  • Purchase Orders
  • Quotes / Estimates
  • RFI & Submittals
  • Reporting/Project Tracking
  • Standard Costs
  • Time Tracking
  • Timesheet Management
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Benefits

- Improves financial performance with an out-of-the-box proven solution
- Improves workflow, enhances visibility and control
- Measures performance across projects, programs and enterprise
- Fast ROI with simple and fast implementation without any customization required
- Provides ability to manage demanding complex projects easily