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Today, capital projects are increasing in size andscope as well as being managed under additionalscrutiny. Without comprehensive earned value, troubled projects can spiral out of control before anyone even recognizes a problem exists. Improvedplanning, budgeting, Earned Value Management, andcost control are imperative to reduce project risk andsecure on-time, within budget delivery. Consequently,owners and contractors are faced with mountingpressure to adopt stringent project cost and earnedvalue management processes to enable completeproject transparency.

and

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Predict InfluenceProject Successwith

Benefits Lower Project Costs • Reduce project cost and schedule overruns • Decrease project management overhead costs• Optimize cash flow to increase profitability • Lower total cost of ownership with direct web access

Measure Program and Project Performance• Perform Earned Value Management and analysis• Exceed Federal Government reporting requirements• View real-time cost tracking and variance analysis across all projects• Pinpoint potential problems with real-time forecasting

Integrate Cost and Schedule• Eliminate project risks by aligning budgeted cost and schedule• Integrate with Oracle® Primavera P6, Microsoft® Project, and major financial systems• Develop time-phased budget and eliminate need to cost-load schedules• Forecast cost, schedule, and resources to completion

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PRISMG2 by ARES Software Corporation is a next generation, integrated project cost managementsolution. PRISMG2 helps organizations reduce project risks by aligning cost and schedule in a single, user-friendly application. With its seamless integration with ERP and scheduling systems, PRISMG2

will combine budget, committed costs, actual costs, changes, progress data, and schedule datesrequired to effectively communicate project performance with statistically accurate estimate at completion information. With PRISMG2 you will predict and influence project results with real-timeinformation required to pinpoint potential problems and react quickly to resolve issues.

We firmly believe, as do our customers, that the best opportunity for project cost savings is during the definition,planning, and early design phases. That’s why we providean end-to-end, enterprise project cost management solution to help global organizations reduce costs with increased visibility throughout the project lifecycle. LetPRISMG2 revolutionize how you estimate and fund projects, control project costs, and manage projects withunparalleled forecasting, and performance measurementinsight required to steer projects to on-time, within budget delivery.

WHY PRISMG2

• “Out-of-the box” solution ready within days to meetyour company’s needs

• Seamless data integration from conception tocompletion

• Real-time cost tracking, variance, and forecasting • All Federal Government requirements exceeded forEarned Value Management reporting

• Early warning indicators to identify performanceissues and maximize productivity

INTUITIVE• Role-based, customizable workspace• Comprehensive, immediate communication platform• Flexible coding and powerful reporting to meet allproject requirements

SCALABLE and SECURE• Multi-user, concurrent access• Multi-currency• Multi-language• Enterprise-wide transparency

Early ProjectOptimizationReduces Costs

Product DetailsOur PRISMG2 solution provides organizations with desirable flexibility to deploy and adopt PRISMG2 based on businessrequirements. Additionally, PRISMG2 is built on a Microsoft .NET platform – making PRISMG2 simple to adapt to individualsystem requirements and easy to use and learn for any type of user, including:

• Cost engineers who manage project costs all day, every day;

• Project managers who require real-time information to identify potential problems andreact quickly to resolve issues and mitigate project risks; and

• Project executives who require instant enterprise dashboard that summarizes performance statistics and delivers accurate forecasts they can trust.

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PRISMG2 offers five packages that accurately emulate yourworkflow and business processes resulting in improved project management and controls. These PRISMG2 integratedpackages encompass estimating, cost management, engineering, procurement, and construction features.

EstimatingPRISMG2 Estimating provides flexible coding structure capabilities needed to create a conceptual estimate for feasibility studies with a range of detailed estimates requiredto win work and develop sound budgets. PRISMG2 supportsa structured “building-block” methodology for developingproject cost estimates, which maximizes consistency of estimate information while minimizing repetitive data entry.Data from multiple sources and disciplines can be quicklyand easily imported and used to automatically develop project budgets efficiently and accurately.

Estimating Features• Create conceptual and detailed estimates based onhistorical and industry data sources

• Produce bankable reports to obtain project financing• Employ automated features for calculating indirect costs• Make efficient modifications to accurately addressdesign alternatives

• With end-to-end cost management, seamlesslyupdate cost management and develop the basis forproject execution budget and change controls

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Cost ManagementCustomers implement PRISMG2 Cost Management to secure on-time, within budget delivery. This complete costmanagement solution supports all required processes including budgeting, resource planning, time-phasing,progress and performance measurement, Earned ValueManagement, cost and schedule analysis, funds allocation, forecasting, and reporting. Each user integratesproject schedules and initial cost estimates to developtime-phased budgets and forecasts. This tight cost/schedule integration eliminates the need for schedulersto resource load and update progress in their scheduleafter the initial project plan is input. With more than 25 algorithms supporting even the most complex progressmeasurement, PRISMG2 is the clear winner for completecost control.

Cost Management Features

• Access unlimited control accounts required for costsummarizations, funds availability, variance, and forecast reporting

• Develop time-phased baseline and forecast budgetcreation and control to track responsibility, scope, andcorrective action plans

• Exceed all Government reporting requirements with mostcomplete Earned Value Management solution available

• Enterprise reporting periods with multiple calendars• Measure performance and productivity using cost,hour, and quantity control elements

• Resolve claims quickly with audit controls and changemanagement processing

• Manage resources with comprehensive resource andstaff planning

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Engineering PRISMG2 Engineering is an earned value engineeringprogress solution designed for budgeting and monitoringengineering tasks, deliverables, and packages byman-hours. Engineering documents are progressed using various methods including pre-defined milestones. Documents linked to engineering packages are subsequently linked to Control Accounts in Cost Management to provide progress and performance information at various levels of detail.

Engineering Features• Enter, status, and progress engineering documents • Budget tasks, deliverables, and packages by hours andquantities

• Measure progress and report productivity accurately• Link packages to schedule activities and time-phasehours by discipline

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Procurement PRISMG2 Procurement provides the required functionalityto manage the complete procurement process for any project size or type. Customers can easily generate requisitions, Requests for Quotation (RFQs), bid analyses,and purchase orders by accessing equipment and materialdatabases. Upon award, manage shipments to ensureitems are properly tracked and delivered to the job site according to plan.

Procurement Features• Access equipment and bulk material databases• Generate engineering requisitions, purchase andchange orders, RFQs, and bid analyses

• Track materials delivery and equipment records• Evaluate supplier performance to aid in selectionprocess

• Manage invoices and payments• With end-to-end cost management, seamlessly updatecost management to accurately report committed costs

Construction PRISMG2 Construction is an essential contracts management and detail construction progressing tool.Customers take advantage of this tool to manage all contract requisitions, Requests for Proposal (RFPs), bidanalyses, contract awards and manage the complete payment process. The detail construction progressing features calculates progress and monitors contractor performance for the most accurate forecasts.

Construction Features• Record contract bids, perform bid analysis, and awardcontracts

• Evaluate contract performance and calculate accurateprogress from detailed construction tasks

• Monitor contract invoices and make timely payments• Record and track trends and changes for accurateforecasting

• With end-to-end cost management, seamlessly updatecost management to accurately report committed costs

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Successful projects involve comprehensive planning and mindful execution to ensure company profitability. ARES Software is the only complete solutions provider solely dedicated to the advancement of Project Cost Management.Our complete solution empowers you to eliminate or reducethe obstructions that impact efficiency and performance.

ARES Software offers integrated Project Management capabilities encompassing:

• Gold standard technology solution for projectcost and Earned Value Management – PRISMG2

• Certified project and risk management trainingofferings

• Experienced professionals with first-hand practicalproject management and industry experience

• Expertise to staff and augment your team andassist in the standardization of your project andrisk management processes and procedures.

ARES Software is a wholly owned subsidiary of ARESHolding Corporation, one of the most prestigious projectand risk management services providers for Governmentagencies, contractors, and Fortune 1000 companies in theAerospace, Defense, Energy, Construction, Metals/Mining,and Oil/Gas industries. ARES employs over 700 personnelin more than 20 locations around the world who are dedicated to delivering innovative solutions that exceedcustomer expectations.

Experienced and Certified Project Management Staff

Industry Experience

Project Set-up & Support

ExperiencedExperiencedProfessionalsProfessionals

IntegratedIntegratedMethodologiesMethodologiesand Practicesand Practices

Certified Project & Risk Management Training

Custom Reports & Specialized Software

Software Implementation Training & Support

Help Desk

Graded Approach

Leverage off-the-shelf Plans and Procedures

Customized/Tailored as Needed

Support Complete Project Life-Cycle

ProjectProjectManagementManagement

SupportSupportServicesServices

ARES Software Solutions