Crossrail Ltd. Implements ARES PRISM G2 Software to Help Manage Costs for $24 Billion USD Project
BURLINGAME, Calif., Dec. 9, 2011 /PRNewswire/ — ARES Software, a leading project management solutions provider, today announced that Crossrail, the new high frequency railway for London and the South East, implemented PRISM G2 by ARES Software to integrate and support the project controls processes for this critical, 21-kilometer route through London with estimated project cost at $24 billion USD.
To effectively manage a programme of this size, Crossrail required an easy-to-use solution that integrates standard project controls processes and systems. Crossrail selected PRISM G2 for many reasons, but especially for its proven capability to manage construction projects of this magnitude, and ability to integrate with existing management systems. With PRISM G2, the Crossrail team has an easy-to-use, enterprise cost reporting solution that provides leading budgeting, forecasting and earned value metrics resulting in instant visibility for their project managers.
“We are very proud that Crossrail has selected PRISM G2 as the cost management solution of choice on this high-profile, high-risk, mega project. By choosing this best of breed solution, Crossrail project managers have immediate access to critical information, allowing them to make informed decisions with accurate data, while reducing their reporting processing time,” said Chris Donohue, Director, European Operations, ARES Software.
“This investment demonstrates Crossrail’s commitment to innovation and validates our vision in delivering solutions that reduce our customer’s risk for on-time, within budget delivery,” said Dr. William Vantine, President, ARES Corporation. “We are excited to be a team member of this challenging project that will better the lives of millions of people that live, work, and visit the London area.”
ARES Software Corporation
ARES Software, a subsidiary of ARES Holding Company, is a world-class provider of integrated project management solutions. Organizations in more than 50 countries rely on PRISM to manage the engineering and construction of capital projects and lower cost, mitigate risk and improve project performance. Our customers include 4 of the 5 top defense agencies, 8 of the top 10 mining companies and countless energy, oil and gas, aerospace and engineering and construction firms from around the world. With more than 95% repeat business each year, ARES is a results-oriented business partner with a drive towards 100% customer satisfaction. www.arescorporation.com/prism.
SOURCE ARES Software