About 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.
Pricing starting from:
US$15.00/month
- Free Version
- Free Trial
- Subscription
Top 5 alternatives to PM3
Key benefits of PM3
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
Devices
Business size
Markets
Australia, United Kingdom, Ireland, New Zealand
Supported Languages
English
Pricing starting from:
US$15.00/month
- Free Version
- Free Trial
- Subscription
Top 5 alternatives to PM3
Images
Features
Total features of PM3: 44
Alternatives
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Planview Projectplace
Wrike
monday.com
Reviews
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- Industry: Management Consulting
- Company size: 2-10 Employees
- Used Weekly for 2+ years
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 10.0 /10
Flexible, versatile solution to managing portfolios, programmes & projects
Reviewed on 2018-12-01
Helping us to standardise our project practices, particularly the reporting process.
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
- Industry: Transportation/Trucking/Railroad
- Company size: 201-500 Employees
- Used Daily for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support Software
- Likelihood to recommend 8.0 /10
Highly configurable and user friendly
Reviewed on 2019-08-09
Very positive. The Bestoutcome team have been very supportive through the initial trial to...
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.
Reasons for Switching to PM3
Ability to configure functionality and start small was a key factor. Other products were too large/complex for our set up and culture, and often focussed more on project task management rather than portfolio management.- Industry: Hospital & Health Care
- Company size: 10,000+ Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support Software
- Likelihood to recommend 10.0 /10
PM3 in a healthcare setting
Reviewed on 2022-04-21
I would highly recommend PM3 for any organisation serious about having a single oversight of all...
I would highly recommend PM3 for any organisation serious about having a single oversight of all their change work and for those who want to manage delivery in a consistent way.
Implementation was painless and relatively simple with good support from the supplier who continue to provide first-class ongoing support and engagement.
Pros
Easy to use, quick to implement and more used than competitor software previously deployed in the organisation.
Customer support is first class and BestOutcome work hard at customer relations and ongoing product development
Cons
Gateway management is a bit "clunky" but is on the development roadmap for improvement in 2022.
The ability to develop customised reports within the software would be a great asset.
Portfolio dashboards for executive use on an app version would really engage executives in the system and its capabilities
- Industry: Education Management
- Company size: 201-500 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support Software
- Likelihood to recommend 6.0 /10
Refinement
Reviewed on 2020-06-17
As a business we are still in the very early stages of using the tool. Initial observations are...
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.
- Industry: Construction
- Company size: 5,001-10,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support Software
- Likelihood to recommend 10.0 /10
Simple to use, yet powerful to report
Reviewed on 2021-08-04
PM3 allows you to manage ever changing portfolios in a fast paced world - I was able to split my...
PM3 allows you to manage ever changing portfolios in a fast paced world - I was able to split my portfolio between Agile and Waterfall depending on my business segments. This often gets overlooked and you are usually forced to choose between the two - not with PM3. It allows you to slice the cake in many different ways.
Pros
The simplicity of the tool allows users to be quickly trained and ensures the speed at which PM3 can be deployed is lightening fast. Don't confuse simplicity with inadequate - the tool is incredibly powerful to plan and manage a complex Portfolio and the reporting modules allow you to extract the data in clear format for Senior Leadership reporting.
Cons
I have used many PPM tools and most fail due to highly inefficient methods of doing simple tasks. PM3 is not one of those tools.
Alternatives Considered
SmartsheetReasons for Choosing PM3
Better value for money, speed to mobilise and to get a quick handle on project delivery, beautiful reporting and full benefits and financial management.Reasons for Switching to PM3
As abovePM3 FAQs
Below are some frequently asked questions for PM3.Q. What type of pricing plans does PM3 offer?
PM3 offers the following pricing plans:
- Starting from: US$15.00/month
- Pricing model: Subscription
- Free Trial: Available
Contact Bestoutcome for pricing details
Q. Who are the typical users of PM3?
PM3 has the following typical customers:
2-10, 11-50, 51-200, 201-500, 501-1,000, 1,001+
Q. What languages does PM3 support?
PM3 supports the following languages:
English
Q. Does PM3 support mobile devices?
PM3 supports the following devices:
Android (Mobile), iPhone (Mobile), iPad (Mobile)
Q. What other apps does PM3 integrate with?
PM3 integrates with the following applications:
Jira, Microsoft 365, ServiceNow
Q. What level of support does PM3 offer?
PM3 offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base Software, Phone Support, Chat
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