ARES PRISM Features

ARES PRISM

Enterprise project controls and project management software

4.29/5 (24 reviews)

ARES PRISM Feature Summary

  • 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

Competitor Feature Comparison

API
Access Control
Accounting Integration
Activity Dashboard
Analytics
Approval Process Control
Audit Trail
Automated Scheduling
Bid Management
Bills of Material
Budget Control
Business Intelligence
Cash Flow Management
Change Management
Change Order Management
Collaboration Tools
Configurable Workflow
Contract Management
Contractor Management
Cost Analysis
Cost Estimating
Cost Tracking
Cost-to-Completion Tracking
Custom Fields
Customizable Reporting
Dashboard Creation
Data Filtering
Data Visualization
Document Management
ERP Integration
Email Integration
Equipment Tracking
Estimating
Exception Reporting
Forecasting
Goal Setting / Tracking
IT Cost Management
Inventory Management
Invoice Management
Invoice Processing
Issue Management
Issue Tracking
Job Costing
Job Tracking
Knowledge Base Management
Labor Cost Reporting
Milestone Tracking
Performance Management
Performance Metrics
Performance Reports
Planning Tools
Portfolio Management
Productivity Reporting
Progress Reports
Progress Tracking
Project Budgeting
Project Estimating
Project Management
Project Notes
Project Planning
Project Tracking
Projections
Purchase Order Management
Purchasing Management
RFP Creation
Real Time Data
Real Time Reporting
Real Time Updates
Reporting & Statistics
Requirements Management
Resource Allocation
Resource Management
Revenue Recognition
Risk Assessment
Role Management
Role-Based Permissions
Scheduling
Status Reporting
Status Tracking
Subcontractor Management
Summary Reports
Supplier Management
Task Management
Task Scheduling
Time & Expense Tracking
Trend Analysis
Version Control
Work Order Management
Workflow Management
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API
Access Control
Accounting Integration
Activity Dashboard
Analytics
Approval Process Control
Audit Trail
Automated Scheduling
Bid Management
Bills of Material
Budget Control
Business Intelligence
Cash Flow Management
Change Management
Change Order Management
Collaboration Tools
Configurable Workflow
Contract Management
Contractor Management
Cost Analysis
Cost Estimating
Cost Tracking
Cost-to-Completion Tracking
Custom Fields
Customizable Reporting
Dashboard Creation
Data Filtering
Data Visualization
Document Management
ERP Integration
Email Integration
Equipment Tracking
Estimating
Exception Reporting
Forecasting
Goal Setting / Tracking
IT Cost Management
Inventory Management
Invoice Management
Invoice Processing
Issue Management
Issue Tracking
Job Costing
Job Tracking
Knowledge Base Management
Labor Cost Reporting
Milestone Tracking
Performance Management
Performance Metrics
Performance Reports
Planning Tools
Portfolio Management
Productivity Reporting
Progress Reports
Progress Tracking
Project Budgeting
Project Estimating
Project Management
Project Notes
Project Planning
Project Tracking
Projections
Purchase Order Management
Purchasing Management
RFP Creation
Real Time Data
Real Time Reporting
Real Time Updates
Reporting & Statistics
Requirements Management
Resource Allocation
Resource Management
Revenue Recognition
Risk Assessment
Role Management
Role-Based Permissions
Scheduling
Status Reporting
Status Tracking
Subcontractor Management
Summary Reports
Supplier Management
Task Management
Task Scheduling
Time & Expense Tracking
Trend Analysis
Version Control
Work Order Management
Workflow Management
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API
Access Control
Accounting Integration
Activity Dashboard
Analytics
Approval Process Control
Audit Trail
Automated Scheduling
Bid Management
Bills of Material
Budget Control
Business Intelligence
Cash Flow Management
Change Management
Change Order Management
Collaboration Tools
Configurable Workflow
Contract Management
Contractor Management
Cost Analysis
Cost Estimating
Cost Tracking
Cost-to-Completion Tracking
Custom Fields
Customizable Reporting
Dashboard Creation
Data Filtering
Data Visualization
Document Management
ERP Integration
Email Integration
Equipment Tracking
Estimating
Exception Reporting
Forecasting
Goal Setting / Tracking
IT Cost Management
Inventory Management
Invoice Management
Invoice Processing
Issue Management
Issue Tracking
Job Costing
Job Tracking
Knowledge Base Management
Labor Cost Reporting
Milestone Tracking
Performance Management
Performance Metrics
Performance Reports
Planning Tools
Portfolio Management
Productivity Reporting
Progress Reports
Progress Tracking
Project Budgeting
Project Estimating
Project Management
Project Notes
Project Planning
Project Tracking
Projections
Purchase Order Management
Purchasing Management
RFP Creation
Real Time Data
Real Time Reporting
Real Time Updates
Reporting & Statistics
Requirements Management
Resource Allocation
Resource Management
Revenue Recognition
Risk Assessment
Role Management
Role-Based Permissions
Scheduling
Status Reporting
Status Tracking
Subcontractor Management
Summary Reports
Supplier Management
Task Management
Task Scheduling
Time & Expense Tracking
Trend Analysis
Version Control
Work Order Management
Workflow Management
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ARES PRISM Feature Reviews

22 reviewers had the following to say about ARES PRISM's features:

Romeo Ballesteros

Great Cost Management and Earned Value Management, software

2017-09-16

Pros

Good interface between Cost Module, engineering module, Schedule, change management. Easy to follow.

Cons

As you go along, there are minor bugs, though there are work around, it is inconvenient. The report writer capability is not what I expect.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Source: Capterra
Helpful?   Yes   No
Read more
Kyle Kasur

PRISM G2's database is comprehensive and meets our needs

2017-10-24

Standardized way of implementing projects and standardized reports.

Pros

Between these 2 I've been able to satisfy all requirements for project cost reporting for several different business units.

Cons

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

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Duncan Finnigan

Six years of managing the sales and deployment of all PRISM G2 versions since its inception.

2017-09-01

Using PRISM G2 provided significant improvements in project execution.

Pros

PRISM G2 is a fast, very thorough and easy to implement integrated software solution for multiple project management project controls applications.

Cons

However, the solution suite would be enhanced if it included a Health and Safety Management module.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Chris Donohue

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

2017-09-26

Reduced effort in managing the monthly reporting process, reduced duplicate work, reduced effort spent finding mistakes in the multiple systems we used.

Pros

The system has many reports to analyze a programs performance if tracking unit rates, quantities or just contract and subcontract values.

Cons

All analytics run through reports or from the Dashboard system.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Occasionally

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Oscar Orduz

A good option to manage project cost data and reporting

2019-08-12

It is a good tool to really manage large amount of data to focus on key aspect of Project Controls: performance, change management, forecast.

Pros

PRISM offers a good set of functionalities to manage cost, progress and change in almost any type of project.

Cons

Staffing Plans, Indirect Costs, etc.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Gary Atchison

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

2017-09-14

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

From scoping/budget development, through implementation, change management, funds tracking/control, schedule interface, all the bases are covered.

Cons

Long time user of PRISM PPM, so there was some "look" and "feel" adjustments to make.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Kobus Swanepoel

PRISMG2 Used for Successful Management of Billion $ Project

2016-09-27

Reduce project cost and schedule overruns with KPIs Simplify month-end progress and status reporting Eliminate spreadsheets and have confidence in your data Decrease project management overhead costs Optimize cash flow to increase profitability Eliminate project risks by aligning budgeted cost and schedule Integrate with Oracle® Primavera P6, Microsoft® Project Develop time-phased budgets and eliminate the need for cost loaded schedules Forecast cost, schedule, resources to completion

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Femi Farinu

Prism for Construction Management

2019-09-12

Pros

Customized reports, robustness, flexibility

Cons

Prism fulfills our project needs.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Brian Codding

Great cost control software with instant budget and schedule integration

2017-09-29

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.

Pros

You can select your physical progress method to obtain both calculated and independent EAC's.

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

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Fred Qaddoura

PRISM - Oct-2019

2019-10-02

For the first time in our organization we managed to drop all excel sheets and use one solution that caters for all business needs.

Pros

. - 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

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Rik Falch

Great cost management tool

2019-09-12

Support was awesome during initial roll out. Needed some custom webforms developed and that process has been very professional and fit for purpose.

Pros

CAPEX, OPEX, Project, Program, Portfolio...doesn't matter.

Cons

No Actenum (scheduling tool) integration - should be ahead of the curve and be aware that Actenum will be big in Oil & Gas.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Sam Budenstein

80's/90's Graphics

2017-05-18

Not happy yet, primarily to cludgy reports.

Pros

Use of Excel to update via imports and exports Wide variety of canned reports and processes (includes change control, trends)

Cons

S-Curve /Histogram has errors on progress (group that has not started yet shows progress.

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

5/10
Source: Software Advice
Helpful?   Yes   No
Read more
Dean Edmundson

The Prism G2 is an off-the shelf solution that provided quick time to value for organizations

2017-08-30

Pros

The depth of the functionality and it's ability to integrate with other 3rd party applications like estimating via an excel plug-in were easy to use

Cons

At the time (3 years ago) there could have been more reports available.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Ed Raffa

A very good product

2019-10-03

very good

Pros

- user friendly (broadly speaking) - quick learning curve - easy implementation

Cons

- constraints on some functionality/tools - time consuming input/export - interfaces with Primavera, SAP to be further improved

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Anja Mynhardt

Ares PRISM software Event& Review

2019-09-12

Since arriving in Australia, I am much more involved with Ares PRISM than ever before. The team's engagement and support is fantastic and they go out of their way to provide the best support possible. The software upgrade and enhancements are amazing and it is nice to know that Ares take note of what their users suggest or struggle with.

Pros

The software is accurate and ideal for total control over large projects.

Cons

I don't know everything the software has to offer and it can be frustrating sometimes, I am working on improving my knowledge

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Jacqui Vikse

Great Flexibility

2019-09-12

Pros

The integration of cost and schedule is nice.

Cons

Some of the dashboard options in the standard cost module would be great.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

6/10
Source: Capterra
Helpful?   Yes   No
Read more
Kshitij Dogra

Good Product

2019-10-03

Amazing , love it

Pros

Ease of use and web based, cost management module and integrator

Cons

Inability to incur AI & Automation as a trend in new market

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Patrick Massicotte

Old user

2019-09-12

Pros

Flexibility, upload\export capabilities,

Cons

Report writer functionality complicated to use.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Per Beruldsen

Ares PRISM

2019-10-04

I have been using or involved administratively with PRISM for almost 18 years. I believe it is still the application to beat.

Pros

Adaptability to various WBS strings, ease of use, quick to learn/teach

Cons

The Reporting functionality and presentation.

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Occasionally

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Luc Vandamme

Excellent project controls software

2019-10-03

Integration with our existing systems was a must, and it is working as designed.

Pros

Relatively ease to configure to one’s needs

Cons

Not yet a true cloud solution on its own.

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Occasionally

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Diane Yashiro

What I like about Classic and G2

2019-10-02

Pros

Very easy to setup.

Cons

not always easy to get support on a question

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Daniel A

Best statistics lab for sciencists

2018-10-09

Great to use

Pros

Data analysis becomes easy

Cons

Needs videos tutorials. The booklet is not enough to use

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more