PM3

Project Portfolio Management solution for organisations

4.5 /5 (43 reviews) Write a Review!

PM3 Overview

What is PM3?

PM3 is a cloud-based project portfolio management (PPM) solution designed by practitioners for practitioners. PM3 plans and controls projects, programmes and portfolios. Features include: linking benefits to milestones, support for transformation programmes, dashboards and reporting.

The cloud-based application comes with a business priority matrix tool, which allows managers to view and categorize proposed projects based on parameters such as value, risk and benefits. The benefit module within PM3 helps team leaders mark project benefits as recurring or non-recurring, and evaluate the associated targets and budgets.

PM3 comes with a capacity management feature, which helps resource managers understand the resource pinch points and under-capacity of indiviuduals or resource types. PM3 has a clean and uncluttered interface which makes it very intuitive. PM3 allows you to select screens for groups of users to access so that they only see the screens and tabs they need for their role; this helps user adoption. With PM3 you can start with a limited functionality set and then add more functionality as you need it. PM3 is suitable for businesses in industries such as health, retail, IT, construction, hospitality, government and more.

PM3 Overview

Pricing

Starting from
N/A

Pricing options

Free Trial
Subscription
Value for money

Contact Bestoutcome for pricing details


PM3 Features

Devices
Business size
S M L
Markets
United States
Supported Languages
English

Media

PM3 action log screenshot
Resource and Capacity Screen
PM3Team app (Iphone and Android)
Portfolio Dashboard with Configurable dashlets
Portfolio Priority Matrix
Sample Project Highlight Report
Sample Portfolio Report
PM3 screenshot: PM3 action log screenshot PM3 screenshot: Resource and Capacity Screen PM3 screenshot: PM3Team app (Iphone and Android) PM3 screenshot: Portfolio Dashboard with Configurable dashlets PM3 screenshot: Portfolio Priority Matrix PM3 screenshot: Sample Project Highlight Report PM3 screenshot: Sample Portfolio Report

PM3 Reviews

PM3 Reviews

Overall rating
4.5
/
5
Excellent
25

Very good
16

Average
2

Poor
0

Terrible
0

Value for Money
4.7
Features
4.5
Ease of Use
4.5
Customer Support
4.9
95% recommended this app
Andy S.

Flexible, versatile solution to managing portfolios, programmes & projects

Helping us to standardise our project practices, particularly the reporting process.


Iain C.

Highly configurable and user friendly

Very positive. The Bestoutcome team have been very supportive through the initial trial to implementation and training. Looking forward to building on the current configuration and putting the system to the test fully.


Christopher P.

Refinement

As a business we are still in the very early stages of using the tool. Initial observations are that it is excellent on some things and other areas need much more work to make the tool intuitive to use. This can be resolved via more updates I'm sure.
Support via the help desk and via my account managers has been first class and Best Outcome have shown great flexibility around changes in Licence application during the Covid 19 period when our Programme was put on hold.
Management of updates is clear and very thorough with release notes easy to follow.


Nicholas L.

PM3 has been a valuable tool for our business

Our overall experience has been incredibly positive. The consultancy and support we have received really helped lay the ground work for us to implement the tool in the right way. The training design and execution was brilliantly done, and made sure we understood the tool and had the support network in place to ask questions.

There are plenty of useful features within PM3 which provides great scalability to other departments and areas of our business, as well as introducing more functionality once we are ready utilise further features within the tool. We were able to be up and running quickly with the tool, and it has become valuable for our portfolio tracking and reporting.


Natasha S.

Brilliant experience of PM3 - perfect project management software!

We have around 104 projects in total on PM3, around 30-40 of them are live ones. I have had a very positive experience with PM3 and I do really enjoy using it. I think the Best Outcome Team are also very responsive and useful and are always happy to deal with any requests, which also adds to my PM3 experience. We have many projects which are completed and finished, and over the past year there has been an increase in the uptake of staff on PM3. I think there are many useful tabs/functions in PM3 which definitely support staff in completing their projects.


Andy S.
Industry: Management Consulting
Company size: 2-10 Employees

Flexible, versatile solution to managing portfolios, programmes & projects

Used Weekly for 2+ years
Reviewed on 12/1/2018
Review Source: Capterra

Helping us to standardise our project practices, particularly the reporting process.

Pros

I liked the flexible structure of portfolio, programme and project which was easy to set up and adapt to our various departmental approaches. Lots of reporting options offered as standard, and easy to tweak these to suit our needs. All our portfolio of projects are now in one place where all the PMs can access them – it’s also an advantage that you can access them from anywhere rather than needing to be in the office. Helping us to standardise our project practices and particularly the reporting process.
Support and training from Bestoutcome is excellent.

Cons

Because the range of functions and options is huge, it's sometimes easy to forget where the option you need is... however, I'd sooner have the options than a simpler product without them

Rating breakdown

Ease of Use

Likelihood to recommend: 10.0/10

Iain C.
Industry: Transportation/Trucking/Railroad
Company size: 201-500 Employees

Highly configurable and user friendly

Used Daily for 1-5 months
Reviewed on 8/9/2019
Review Source: Capterra

Very positive. The Bestoutcome team have been very supportive through the initial trial to implementation and training. Looking forward to building on the current configuration and putting the system to the test fully.

Pros

Easy to get to grips with. Particularly like how you can select which functions you can switch on/off so you can start small and build on that as maturity and familiarity with the system grows.

Cons

Although you can configure some fields and change them to what you want, it would be useful if you could create additional fields to be able to capture more variety of information in the system.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 8.0/10

Christopher P.
Industry: Education Management
Company size: 201-500 Employees

Refinement

Used Daily for 6-12 months
Reviewed on 6/17/2020
Review Source: Capterra

As a business we are still in the very early stages of using the tool. Initial observations are that it is excellent on some things and other areas need much more work to make the tool intuitive to use. This can be resolved via more updates I'm sure.
Support via the help desk and via my account managers has been first class and Best Outcome have shown great flexibility around changes in Licence application during the Covid 19 period when our Programme was put on hold.
Management of updates is clear and very thorough with release notes easy to follow.

Pros

The ability to draw a no.of projects together into a Programme and/or Portfolio and to draw in reports form all in selected views.
The ability to hold all major project governance in one place e.g risks/issues/ dependencies.
Reporting flexibility and range across plans/projects/programmes/portfolio
Ease of user control and self configurable access controls

Cons

Plans - Gantt Chart usage - This is clunky at best and not intuitive. Convincing users of Microsoft Project to switch to using the tool has been an on going challenge. An easier import function may help resolve this.
Using X to exit the plan. Many users forget and has caused frustrations in plans with joint PM use.
Inconsistency of areas with auto save functionality and those where it requires manual save.

Response from Bestoutcome

We are improving the Gantt chart functionality as a priority and these improvements are due in July 2020. Some screens cannot auto save as they have manadatory fields which could result in spurious errors if auto saved was used. We are trying wherever possible to make all screens auto save.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 6.0/10

Nicholas L.
Industry: Financial Services
Company size: 201-500 Employees

PM3 has been a valuable tool for our business

Used Daily for 6-12 months
Reviewed on 6/30/2020
Review Source: Capterra

Our overall experience has been incredibly positive. The consultancy and support we have received really helped lay the ground work for us to implement the tool in the right way. The training design and execution was brilliantly done, and made sure we understood the tool and had the support network in place to ask questions.

There are plenty of useful features within PM3 which provides great scalability to other departments and areas of our business, as well as introducing more functionality once we are ready utilise further features within the tool. We were able to be up and running quickly with the tool, and it has become valuable for our portfolio tracking and reporting.

Pros

- Intuitive design - very easy to use and navigate around which has helped us implement the tool quickly, customise the set up for what we need and onboard project teams to use it for reporting and tracking project and programme progress.
- Scalability to develop multiple portfolios and manage your work is very well thought out with some useful report templates
- Each project plan in the tool captures useful core information to track delivery progress, status, RAID, milestones and tasks

Cons

- Initially there was not a plan on the page solution, but this was quickly developed thanks to Best Outcome's support and has been incredibly valuable!
- Agile feature needs developing, but this is new within the tool and I believe the developers are working on adding to the Agile plugin

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 7.0/10

Natasha S.
Industry: Hospital & Health Care
Company size: 5,001-10,000 Employees

Brilliant experience of PM3 - perfect project management software!

Used Daily for 6-12 months
Reviewed on 11/4/2019
Review Source: Capterra

We have around 104 projects in total on PM3, around 30-40 of them are live ones. I have had a very positive experience with PM3 and I do really enjoy using it. I think the Best Outcome Team are also very responsive and useful and are always happy to deal with any requests, which also adds to my PM3 experience. We have many projects which are completed and finished, and over the past year there has been an increase in the uptake of staff on PM3. I think there are many useful tabs/functions in PM3 which definitely support staff in completing their projects.

Pros

I really like how PM3 is very methodical and logical and a very easy software to navigate round. You can capture all aspects of your project and it can keep track of all your actions/tasks/milestones as well as notifying users with email reminders. PM3 definitely ensures that your project remains on track and is fantastic in generating a wide range of reports that can be printed/emailed very easily. The layout is very clear and simple and when I first started my role in PMO, it did not take very long for me to come to grips with the system, there are also brilliant user help guides and videos that are available which provide you with lots of new information.

Cons

The only thing I like least about this software is that unfortunately the milestone and task pages are not linked to the actions page which causes users to duplicate information (i.e. milestones that have been completed and closed do not appear as closed on the actions page). However, I understand that these are 2 separate and independent pages and it would not be feasible to join them together, this is only a minor issue and does not cause users problems. Apart from that I see no other fault with the software.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

User recommendation
9.1/10
Based on 43 user ratings
Compare user recommendation rating with alternatives
Compare with alternatives

PM3 Pricing

PM3 Pricing

Starting from
N/A
Free Trial
Subscription
Value for money

Contact Bestoutcome for pricing details

Contact Bestoutcome for pricing details

Value for Money
4.7/5
Based on 43 user ratings
Compare value for money rating with alternatives
Compare with alternatives

PM3 Features

PM3 Features

API
Activity Dashboard
Activity Tracking
Automatic Notifications
Collaboration Tools
Drag & Drop Interface
Gantt Charts
Multiple Projects
Prioritizing
Progress Tracking
Project Management
Project Planning
Project Time Tracking
Project Tracking
Projections
Reporting & Statistics
Task Management
Task Planning
Task Tracking
Third Party Integration
Features
4.5/5
Based on 43 user ratings
Compare features rating with alternatives
Compare with alternatives

Categories

Additional information for PM3

Additional information for PM3

Key features of PM3

  • Action Item Tracking
  • Approval Process Control
  • Archiving & Retention
  • Change Management
  • Collaboration Tools
  • Cost-to-Completion Tracking
  • Dashboard
  • Dependency Management
  • Document Management
  • Gantt Charts
  • IT / Software Projects
  • Issue Management
  • Milestone Tracking
  • Portfolio Management
  • Progress Tracking
  • Project Estimating
  • Project Planning
  • Project Templates
  • Project Workflow
  • Quality Control
  • Resource Management
  • Status Tracking
  • Task Management
  • Time & Expense Tracking
  • Time Management

Benefits

Intuitive resource and capacity planning
Benefits management and realization
Over 150 pre-built reports and drill-down dashboards
Integration with BI tools enabling you to build your own dashboards and reports
Manages Transformation Programmes

PM3 FAQs

PM3 FAQs

Below are some frequently asked questions for PM3.

Q. What type of pricing plans does PM3 offer?

PM3 offers the following pricing plans:

Pricing model: Subscription

Free Trial: Available

Contact Bestoutcome for pricing details

Q. What are the main features of PM3?

PM3 offers the following features:

  • Action Item Tracking
  • Approval Process Control
  • Archiving & Retention
  • Change Management
  • Collaboration Tools
  • Cost-to-Completion Tracking
  • Dashboard
  • Dependency Management
  • Document Management
  • Gantt Charts
  • IT / Software Projects
  • Issue Management
  • Milestone Tracking
  • Portfolio Management
  • Progress Tracking
  • Project Estimating
  • Project Planning
  • Project Templates
  • Project Workflow
  • Quality Control
  • Resource Management
  • Status Tracking
  • Task Management
  • Time & Expense Tracking
  • Time Management

Q. Who are the typical users of PM3?

PM3 has the following typical customers:

Small Business, Large Enterprises, Mid Size Business

Q. What languages does PM3 support?

PM3 supports the following languages:

English

Q. What type of pricing plans does PM3 offer?

PM3 has the following pricing plans:

Subscription

Q. Does PM3 support mobile devices?

PM3 supports the following devices:

Android, iPhone, iPad

Q. What other apps does PM3 integrate with?

PM3 integrates with the following applications:

Microsoft 365

Q. What level of support does PM3 offer?

PM3 offers the following support options:

Phone Support, Knowledge Base, Video Tutorials, Online Support