Contruent Enterprise
3 Reviews 5/5 ★ ★ ★ ★ ★A cost management software with integrated scheduling and estimating (formerly ARES PRISM)
Product Overview
Contruent Enterprise is a comprehensive solution that provides robust project management capabilities. Established in 1977 under the name ARES PRISM, the software is particularly notable for its powerful analytics and reporting tools, which provide insights into project status, resource allocation, and financial performance. It supports various industries with complex project needs, offering functionalities that streamline project management processes, improve project outcomes, and enhance cost control.Pros
- Has detailed analytics and reporting
- Advanced resource management
Cons
- Pricing not provided by the developer
- Complex setup for advanced features
Target Market
Large organizations in industries like construction, engineering, energy, government, aerospace, and defense.About Contruent Enterprise
Video Overview
Features
Contruent Enterprise functionality includes cost management, change management, contract management, and reporting and dashboards.
- Cost Management: 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. Each user integrates project schedules and initial cost estimates to develop time-phased budgets and forecasts. This tight cost and schedule integration eliminates the need for schedulers to resource load and update progress in their schedule after the initial project plan is input.
- Change Management: provides organizations with a complete and auditable system for tracking cost and schedule changes to the project’s baseline and forecast. Change management helps support communication between all stakeholders within an organization and fosters better project control via transparency, increased awareness, and better decision-making.
- Contract Management: users can create Prime Contracts, manage Request for Proposal (RFPs), conduct bid analysis and award committed contracts, as well as complete payment processing.
- Executive Dashboards: features an intuitive drag & drop tool that lets you see every change as you make it. Users can see and understand project, program, and portfolio performance at a glance.
User Reviews of Contruent Enterprise
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Time to perform these tasks has reduced by almost 90% by using ARES PRISM. This has helped me spend more time on in-depth analysis of current project performance, providing controlling measures to ensure that the project performs as planned.
Making the cultural shift to PRISM has allowed us to get a much more integrated view. It’s a significant benefit and we sometimes forget that benefit because it has become so inherent in what we do. It’s like having a smartphone. You take it for granted and forget what life was ever like without one!
PRISM allows for a seamless flow of information between our finance and project community. It also offers a lot of visibility to stakeholders, which includes all groups in the company. Every department, every discipline at one point or another has a project that requires some form of capital. So now stakeholders can see what’s happening with projects.
