Shlomi Lavi / Sep 05, 2020
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Looking for the right Project Portfolio Management solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:
Vendor comparison
Bestoutcome: As a dedicated programme management consultancy we know how to manage change. Our project, portfolio management toolset PM3 has been designed by practitioners for practitioners. We can talk to your programme sponsors and delivery teams from a position of experience and knowledge; helping to ensure you always achieve successful outcomes.
Oracle Corporation: Oracle Corporation is a computer technology corporation that specializes in developing and marketing computer hardware systems and enterprise software products – particularly database management systems. Employing approximately 113,644 people worldwide as of 30 June 2012,it has enlarged its share of the software market through organic growth and through a number of high-profile acquisitions. Oracle is the third-largest software maker by revenue, afterMicrosoft and IBM.
Pricing/cost comparison
The real cost of Project Portfolio Management software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for PM3 TCO and Oracle Primavera total cost to help with the total cost of ownership calculation.
PM3 price Starting from $12 per user/month , on a scale between 1 to 10 PM3 is rated 2, which is much lower than the average cost of Project Portfolio Management software. Oracle Primavera price Starting from $2,750 per license , when comparing Oracle Primavera to their competitors, the software is rated 6 - similar to the average Project Portfolio Management software cost.
Bottom line:Oracle Primavera is more expensive than PM3.
Features and functionality
As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared PM3 Vs. Oracle Primavera based on some of the most important and required Project Portfolio Management features.
PM3: We are still working to collect the list of features of PM3. .
Oracle Primavera list of features include the following: Budget & Expense Management, Collaboration, Document Management, Issue Tracking, Project Management, .
Target customer size
PM3's typical customers include: Small business, Medium business, Large business, Considering Primavera's high sophistication and its multifaceted functionalities, this system will be best for large enterprises that want to keep track of over 100,000 different activities.