project monitor Vs PM3 (Jan 2020)

project monitor Vs. PM3: Which is better?

Shlomi Lavi / Jan 19, 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

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. The founder, Frederic Monomakhoff is an expert in project management. He advises customers with significant operational involvement and with real and appreciated results. Frederic soon realises that there is no recognised solution for easy management of projects. Existing solutions are either complex (and expensive…), or they are oriented towards user collaboration rather than effective management. Virage starts an ambitious program to develop project management software, which will win the award “Jeune Entreprise Innovante”, and a grant from "OSEO", an organisation that funds the research programme.

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.

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 project monitor TCO and PM3 total cost to help with the total cost of ownership calculation.

project monitor price Starting from $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 Starting from $12 per user/month , when comparing PM3 to their 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.

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 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 list of features include the following: We are still working to collect the list of features of 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 business, Medium business, Large business.