ARES PRISM rebrands as Contruent! Learn more here.

  • Solutions
    • Back
    • Contruent Enterprise
      • Back
      • Contruent Enterprise
      • Optimize Spend & Performance
        • Back
        • Optimize Spend & Performance
        • Cost Management
        • Integrated Schedule
        • Earned Value Management
      • Manage Contracts & Contractor Activity
        • Back
        • Manage Contracts & Contractor Activity
        • RFP Management & Bid Analysis
        • Contract Management
        • Contract Workflow Design
        • Contractor Portal
      • Improve Visibility to Make Informed Decisions
        • Back
        • Improve Visibility to Make Informed Decisions
        • Custom Reports
        • Executive Dashboards
      • Account for Change & Maximize Efficiency
        • Back
        • Account for Change & Maximize Efficiency
        • Certified Audit Trail
        • Change Management
        • Workflow Management
    • Project Management Add-Ons
      • Back
      • Control Project Spend End-to-End
        • Back
        • Control Project Spend End-to-End
        • Engineering & Procurement
        • Estimating & BIM
        • Field Management
      • Extend Visibility Project- & Portfolio-Wide
        • Back
        • Extend Visibility Project- & Portfolio-Wide
        • Advanced ERP Integration
        • Data Orchestration
  • Customer Success
    • Back
    • Customer Success
    • Support
    • Product Announcements
    • Implementation
  • Resources
    • Back
    • Resources
    • Blog
    • Case Studies
    • Datasheets
    • eBooks
    • Events
    • Webinars
    • White Papers
  • About
    • Back
    • About
    • Company History
    • Leadership
    • Media + Press
    • Careers
    • Contact Us
  • Request a Demo

White Paper

Why Using Excel to Manage Your Projects is Lining You Up for Failure

Overview

When it comes to project management, Excel spreadsheets are one of the most popular tools on the market. It comes included with your Microsoft Office license and is flexible enough to create highly specific functions from scratch. So, what’s the catch? While spreadsheets can be powerful, they come loaded with an inherent risk of error and tend to become complicated and unmanageable as projects grow.
This white paper dives into the risks you face when using spreadsheets as your primary project management tool.

 

Download White Paper

“While mistaking a single digit may not seem like a major error, it can create significant consequences in project management; throwing off an estimate or forecast by even a fraction of a percent can potentially affect the final results of a decision. Meaning that a wrong choice may be made, risking the entire success of the project.” 

Download our FREE White Paper

It’s not hard to see why Excel spreadsheets are heavily used in the project management industry. They are free, easy to use, involve minimal training, and often do not require strict processes and procedures to be put in place. Quick adoption, cheap tool, and poof, just like magic, you are managing your project. But the biggest question you need to ask yourself is whether you trust Excel spreadsheets with your most important asset. When you are managing a multi-billion-dollar project or even a portfolio of projects, are you 100% confident in the data and do you have absolute control? How much effort is expended each month maintaining spreadsheets and feeding a reporting cycle? Maybe, in reality, they are not a magic solution. Yes, it may have started off easy, but give it time and more often than not the spreadsheet will grow and become difficult (if not impossible) to maintain.

 

 

Download White Paper

Related Content

Post

Transforming Raw Data into Actionable Intelligence for More Informed Decision Making

Sorting and presenting project data visually can drive informed...

Post

ARES PRISM Rebrands to Contruent with Launch of Innovative Capital Project Management Software Solution

Rebrand reflects the company’s vision to empower owners and EPCs to...
top-10-project-manager-challenges

Post

Top 10 Project Manager Challenges

Learn how to combat a project manager's most frequently cited...
ARES PRISM

Contruent HQ

55 Shuman Blvd Suite 200
Naperville, IL 60563

1-630-318-0444

Global Offices

  • United States
  • United Kingdom
  • Australia
  • Canada
  • South Africa

About

  • About Contruent
  • Media/Press
  • Careers
  • Contact Us
©2023 Contruent. All rights reserved. Privacy Statement
  • Follow
  • Follow
  • Follow
  • Follow
