Compare project monitor and PM3 - Jun 2022

Shlomi Lavi

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Bottom Line: Which is Better - project monitor or PM3?

project monitor is more expensive to implement (TCO) than PM3, and PM3 is rated higher (72/100) than project monitor (62/100). project monitor offers users more features (6) than PM3 (0).

Looking for the right Project Portfolio Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

virage group Vs. Bestoutcome

virage group: Created in 2001 by Frederic Monomakhoff, Virage is a software provider specialised in project management. From the start, Virage concentrated on developing a solution to match project manager's needs, thus gaining customer satisfaction. Here is a short history showing key dates and displaying company values.The company started as Virage Consulting...

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.

Who is more expensive? project monitor or PM3?

The real total cost of ownership (TCO) of Project Portfolio Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for project monitor and PM3.

project monitor price starts at $88 per license , On a scale between 1 to 10 project monitor is rated 6, which is similar to the average cost of Project Portfolio Management software. PM3 price starts at $15 per month , When comparing PM3 to its competitors, the software is rated 2 - much lower than the average Project Portfolio Management software cost.

Bottom line: project monitor is more expensive than PM3.

Which software includes more/better features?

We've compared project monitor Vs. PM3 based on some of the most important and required Project Portfolio Management features.

project monitor: Budget & Expense Management, Collaboration, Document Management, Project Management, Resource Management, Scheduling.

PM3: We are still working to collect the list of features for PM3.

Target customer size

Customers of the software include small and medium businesses as well as large enterprises. and PM3's target customer size include: Small, medium and large size businesses.