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What Is PM3?

PM3 is a different PPM solution. The philosophy of PM3 is to always focus on the project and programme outcomes. Whether running a few projects, large transformation programmes, or managing a complex portfolio, PM3, is an easy-to-use PPM
tool that delivers results. PM3 has over 100 out of the box reports and its own report builder. PM3 is used by thousands of users in both private sector companies and government agencies.

Who Uses PM3?

Organisations managing portfolios of business change programmes, programmes and/or projects.

Where can PM3 be deployed?

Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile), iPad (Mobile)

About the vendor

  • by Bestoutcome
  • Located in Buckinghamshire, UK
  • Founded in 2000
  • Phone Support
  • Chat

Countries available

United Kingdom, United States

Languages

English

PM3 pricing

Starting Price:

US$15.00/month
  • Yes, has free trial
  • No free version

PM3 does not have a free version but does offer a free trial. PM3 paid version starts at US$15.00/month.

get a free trial

About the vendor

  • by Bestoutcome
  • Located in Buckinghamshire, UK
  • Founded in 2000
  • Phone Support
  • Chat

Countries available

United Kingdom, United States

Languages

English

PM3 videos and images

PM3 video
PM3 Software - Portfolio Dashboard - thumbnail
PM3 Software - Risk and issue register (RAIDD) - thumbnail
PM3 Software - Kanban Board - thumbnail
PM3 Software - Portfolio Dashboard on IPad - thumbnail
PM3 Software - Resource Capacity screen - thumbnail

Features of PM3

  • API
  • Access Controls/Permissions
  • Activity Dashboard
  • Activity Tracking
  • Agile Methodologies
  • Alerts/Notifications
  • Billing & Invoicing
  • Budget Management
  • Calendar Management
  • Client Portal
  • Collaboration Tools
  • Commenting/Notes
  • Cost-to-Completion Tracking
  • Customisable Templates
  • Document Management
  • Document Storage
  • Drag & Drop
  • File Sharing
  • 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/Project Tracking
  • Resource Management
  • Risk Management
  • Status Tracking
  • Task Management
  • Task Planning
  • Task Progress Tracking
  • Task Scheduling
  • Testing/QA Management
  • Third Party Integrations
  • Time & Expense Tracking
  • Traditional Methodologies
  • Workflow Management

View full list of Project Management Software

  • API
  • Activity Dashboard
  • Activity Tracking
  • Assignment Management
  • Budgeting/Forecasting
  • Calendar Management
  • Change Management
  • Charting
  • Collaboration Tools
  • Commenting/Notes
  • Customisable Reports
  • Customizable Fields
  • Dashboard
  • Data Visualisation
  • Deadline Management
  • Document Management
  • Drag & Drop
  • Gantt/Timeline View
  • Milestone Tracking
  • Monitoring
  • Multiple Projects
  • Planning Tools
  • Portfolio Management
  • Prioritisation
  • Progress Reports
  • Progress Tracking
  • Project Planning
  • Project Templates
  • Project Time Tracking
  • Project Tracking
  • Project Workflow
  • Projections
  • Real Time Data
  • Real Time Reporting
  • Real-time Updates
  • Reporting & Statistics
  • Reporting/Analytics
  • Requirements Management
  • Resource Allocation & Planning
  • Resource Management
  • Risk Management
  • Status Tracking
  • Task Management
  • Task Planning
  • Task Progress Tracking
  • Task Scheduling
  • Third Party Integrations
  • Time & Expense Tracking
  • Timesheet Management
  • Workflow Management

View full list of Project Portfolio Management Software

Alternatives to PM3

More PM3 alternatives

Reviews of PM3

Read all 50 reviews

Average score

Overall
4.6
Ease of Use
4.5
Customer Service
4.9
Features
4.5
Value for Money
4.8

Reviews by score

5
30
4
18
3
2

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
Andy S.
Andy S.
PMO Manager in UK
Verified LinkedIn User
Management Consulting, 2-10 Employees
Used the Software for: 2+ years
Reviewer Source

Flexible, versatile solution to managing portfolios, programmes & projects

5 3 years ago

Comments: 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.
Project Manager in UK
Transportation/Trucking/Railroad, 201-500 Employees
Used the Software for: 1-5 months
Reviewer Source

Highly configurable and user friendly

5 2 years ago

Comments: 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.
Projects and Change Manager in UK
Education Management, 201-500 Employees
Used the Software for: 6-12 months
Reviewer Source

Refinement

3 2 years ago

Comments: 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.

Bestoutcome Response

2 years ago

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.
Head of Portfolio Management in UK
Construction, 5,001-10,000 Employees
Used the Software for: 2+ years
Reviewer Source

Simple to use, yet powerful to report

5 6 months ago

Comments: 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.
PMO Support Officer in UK
Hospital & Health Care, 5,001-10,000 Employees
Used the Software for: 6-12 months
Reviewer Source

Brilliant experience of PM3 - perfect project management software!

5 2 years ago

Comments: 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.