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

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

S M L

Markets

United Kingdom, United States

Supported Languages

English

Pricing starting from:

US$15.00/month

  • Free Version
  • Free Trial
  • Subscription

Images

PM3 Software - Portfolio Dashboard with Configurable dashlets
PM3 Software - PM3 action log screenshot
PM3 Software - Resource and Capacity Screen
PM3 Software - PM3Team app (Iphone and Android)
PM3 Software - Portfolio Priority Matrix
PM3 Software - Sample Project Highlight Report
PM3 Software - Sample Portfolio Report
View 8 more
PM3 video PM3 Software - Portfolio Dashboard with Configurable dashlets PM3 Software - PM3 action log screenshot PM3 Software - Resource and Capacity Screen PM3 Software - PM3Team app (Iphone and Android) PM3 Software - Portfolio Priority Matrix PM3 Software - Sample Project Highlight Report PM3 Software - Sample Portfolio Report

Features

Total features of PM3: 44

  • Activity Dashboard
  • Activity Tracking
  • Agile Methodologies
  • Budget Management
  • Budgeting/Forecasting
  • Change Management
  • Collaboration Tools
  • Commenting/Notes
  • Cost-to-Completion Tracking
  • Customisable Templates
  • Dashboard
  • Document Management
  • Drag & Drop
  • Gantt/Timeline View
  • Idea Management
  • Issue Management
  • Kanban Board
  • Milestone Tracking
  • Multiple Projects
  • Percent-Complete Tracking
  • Portfolio Management
  • Prioritisation
  • Progress Tracking
  • Project Planning
  • Project Planning/Scheduling
  • Project Templates
  • Project Time Tracking
  • Project Tracking
  • Project Workflow
  • Projections
  • Real-time Updates
  • Reporting & Statistics
  • Reporting/Analytics
  • Reporting/Project Tracking
  • Resource Management
  • Risk Management
  • Status Tracking
  • Task Management
  • Task Planning
  • Task Progress Tracking
  • Task Scheduling
  • Third Party Integrations
  • Time & Expense Tracking
  • Traditional Methodologies

Alternatives

Smartsheet

4.5
#1 Alternative to PM3
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Planview Projectplace

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#2 Alternative to PM3
Projectplace enables teams to get work done by combining collaborative work management capabilities with powerful...

Wrike

4.2
#3 Alternative to PM3
Wrike is a collaboration & project management tool that helps users manage projects from start to finish, providing...

monday.com

4.6
#4 Alternative to PM3
monday.com is a cloud-based Work OS, where teams create workflow apps in minutes to run their processes, projects, and...

Reviews

Overall rating

4.6 /5
(50)
Value for Money
4.8/5
Features
4.5/5
Ease of Use
4.5/5
Customer Support
4.9/5

Already have PM3?

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Showing 5 reviews of 50
Andy S.
Overall rating
  • Industry: Management Consulting
  • Company size: 2-10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

Flexible, versatile solution to managing portfolios, programmes & projects

Reviewed on 01/12/2018

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

Iain C.
Overall rating
  • Industry: Transportation/Trucking/Railroad
  • Company size: 201-500 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Highly configurable and user friendly

Reviewed on 09/08/2019

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.

Alternatives Considered

monday.com, Wrike, KeyedIn and Planview Projectplace

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.
Christopher P.
Overall rating
  • Industry: Education Management
  • Company size: 201-500 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 6.0 /10

Refinement

Reviewed on 17/06/2020

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.

Jack W.
Overall rating
  • Industry: Construction
  • Company size: 5,001-10,000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Simple to use, yet powerful to report

Reviewed on 04/08/2021

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

Smartsheet

Reasons 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 above
Natasha S.
Overall rating
  • Industry: Hospital & Health Care
  • Company size: 5,001-10,000 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Brilliant experience of PM3 - perfect project management software!

Reviewed on 04/11/2019

We have around 104 projects in total on PM3, around 30-40 of them are live ones. I have had a very...

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.

Showing 5 reviews of 50 Read all reviews

PM3 FAQs

Below are some frequently asked questions for PM3.

PM3 offers the following pricing plans:

  • Starting from: US$15.00/month
  • Pricing model: Subscription
  • Free Trial: Available

Contact Bestoutcome for pricing details

PM3 has the following typical customers:

2-10, 11-50, 51-200, 201-500, 501-1,000, 1,001+

PM3 supports the following languages:

English

PM3 supports the following devices:

Android (Mobile), iPhone (Mobile), iPad (Mobile)

PM3 integrates with the following applications:

Jira, Microsoft 365, ServiceNow

PM3 offers the following support options:

Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat

Related categories

See all software categories found for PM3.