PM3 Pricing, Features, Reviews & Comparison of Alternatives

PM3

Project portfolio management solution for organisations

4.58/5 (33 reviews)

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 and more.
bestoutcome.com

Pricing

Pricing options
Value for money
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Devices

Business size

S
M
L

Markets

United States

Supported languages

English
PM3 screenshot: PM3 action log screenshotPM3 Cloud TourPM3 screenshot: Portfolio DashboardPM3 screenshot: Resource and Capacity ScreenPM3 screenshot: PM3Team app (Iphone and Android)

PM3 reviews

Value for money
Features
Ease of use
Customer support
  4.7
  4.5
  4.6
  4.9
Andy Smith

Flexible, versatile solution to managing portfolios, programmes & projects

Used weekly for 2+ years
Reviewed 2018-12-01
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
Features

Likelihood to recommend: 10/10

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Natasha Santangelo

Brilliant experience of PM3 - perfect project management software!

Used daily for 6-12 months
Reviewed 2019-11-04
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
Features
Customer support

Likelihood to recommend: 10/10

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Adam Humphrey

A practical, affordable tool for manging complex project portfolios

Used daily for 2+ years
Reviewed 2018-11-23
Review Source: Capterra

I inherited a complex set of projects, every one reporting in a different way and with no visibility of their contribution to programme objectives. PM3 allowed my staff to turn this into a simple well-controlled portfolio with everyone pulling in the same direction.

Pros
A flexible structure of projects, programmes and portfolios allows you to easily group projects to reflect the organisational structures and strategic goals of your organisation. Fast setup out-of-the box, with no complex tailoring of processes, so managers start using the tool productively within a few days. The multi-level tracking and reporting creates valuable status reports with minimum effort. Easily controlled sharing of information across the portfolio means PMs can see what other projects are doing and proactively manage interfaces and dependencies. PM3’s huge range of standard reports has covered every reporting requirement I encountered.

Cons
The breadth of system functions can initially appear a bit daunting to new users and support staff. I understand that unused functions can now be hidden when they are not needed but haven’t yet used that function myself.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Joscelyn Shaw

Great project management software

Used daily for 2+ years
Reviewed 2019-01-03
Review Source: Capterra

One of the things PM3 has helped us with is to connect up our projects and programmes that are running across the organisation, at local, regional and national levels.

Pros
It's easy to see the connections across the hierarchy from project up to portfolio level, plus the functionality to promote and demote risks and milestones is great.

Cons
Visually the system could look a bit more modern but it works.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Matt Cocker

PM3

Used daily for less than 6 months
Reviewed 2019-10-18
Review Source: Capterra

Well beyond expectations. Our experienced project managers and project support offices have been able to embrace the tool without any negative impact on productivity and they are starting to see the rewards within days - measurably reduced reporting admin, increase visibility of other projects, increased consistency of approaches. PM3 has obviously been designed by, and for, portfolio managers which makes it instantly more usable than project scheduling tools that have been given a portfolio management wrapper or simple task tracking tools

Pros
Very easy to use Very simple to configure out of the box Highly configurable for project, programme, portfolio membership Allows top-down portfolio management. You so not need to know minute details of projects before adding them and getting value form the tool Provides visibility of projects without having to do much different - project managers do all the same things just in this tool rather than their own dis-jointed files and folders. Flexible and responsive customer support during implementation Available via government procurement frameworks

Cons
The planning function lacks some of the features of Microsoft Project so projects managers with advanced skills find it less useful. The supplier is working on enhancements for the next release. While there well over a hundred pre-configured report formats included none are exactly right for us. It would be good if there was a report-builder tool included. The lack of bulk-upload of pre-exiting documents like RAID logs or project registers increases the workload of transitioning existing projects to the tool.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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PM3 pricing

Pricing options
Free trial
Subscription
View Pricing Plans

Contact Bestoutcome for pricing details

PM3 features

Activity Tracking
Collaboration Tools
Gantt Charts
Prioritizing
Progress Tracking
Project Planning
Projections
Task Management

API (208 other apps)
Activity Dashboard (136 other apps)
Automatic Notifications (126 other apps)
Drag & Drop Interface (127 other apps)
Multiple Projects (111 other apps)
Project Management (170 other apps)
Project Time Tracking (169 other apps)
Project Tracking (123 other apps)
Reporting & Statistics (114 other apps)
Task Tracking (145 other apps)
Third Party Integration (136 other apps)
Timesheets (115 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
This will ask you to sign in with LinkedIn

Additional information for PM3

Key features of PM3

  • Agile Methodologies
  • Assumptions Management
  • Benefits Realization
  • Budget Management
  • Collaboration
  • Idea Management
  • Percent-Complete Tracking
  • Personnel Planning
  • Prioritization
  • Project Financials
  • Project Planning/Scheduling
  • Reporting/Project Tracking
  • Risk Management
  • Scheduling
  • Time Tracking
  • Traditional Methodologies
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Benefits

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