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Bestoutcome to unveil latest release of PM3 at Project Challenge expo 2012

Bestoutcome, the leading consultancyspecialising in complex change management programmes for large organisations, will be showcasing the latest release of PM3, its project and portfolio management (PPM) solution, at the Project Challenge expo 2012 being held 17-18 October 2012 at London’s Olympia. Now in its sixth release, PM3 introduces a raft of new functionality designed to enable users to better manage total over/under capacity of resource types, people, expenditure categories and expenditure items. It also brings new levels of performance and usability, with rapid response times and several enhancements to the user interface.

Developed in response to customer demand, the new features within PM3Release 6.1 provide users with the ability to view resource availability and commitments by individual or job title per project within a single screen. This makes it much easier to obtain an instant and more granular
view of the resources required to deliver a requested portfolio of projects. Release 6.1 also incorporates other significant functional enhancements including new menu items and higher resolution graphics, aswell as real-time responses to queries regarding resources, finances andcapacity. The latter enables rapid ‘what-if’ analysis and manipulation of
large volumes of data.

“The latest release of PM3 allows users to assess how over or under committed their organisation is in terms of a particular resource type, or
person, or budget, over a specific period of time,” states Iain Aitken, Systems Architect, Bestoutcome. “So the perspective this provides is not
whether an organisation can deliver a proposed portfolio of projects with available finances and resources, but whether or not it is over/under
committed in terms of a particular resource type or specific individual orspecific budget. This helps to answer questions such as: in this Capacity
Scenario would ‘John Smith’ be over-committed, or in this CapacityScenario would the Server budget for 2013 be blown?”

Designed for large organisations managing extensive programmes comprised of hundreds of active projects, PM3 encompasses change management, resource and capacity management, outcome-driven planning, project office
support and benefits realisation. By planning each project as a series of outcomes and promoting key risks, issues and milestones up to the
programme level, PM3 takes a unique approach to provide an outcome-driven view of programmes and portfolios and keeps the management team focused on what really matters: delivering and maximising the business value of all project investments. PM3 clients include WHSmiths, Dixons, Willmott Dixon, and the University of Surrey.

“Planning resources and finances for hundreds of active projects based on their inherent risk, anticipated payback period and overall value to the
company presents a complex human and technical challenge,” continues Aitken. “However, it becomes much easier if you have a software tool such as PM3, which provides users with a far more objective understanding ofthe decisions that need to be taken and ultimately enables organisations to bring their portfolio of projects under control.”

PM3 Release 6.1 is being launched by Bestoutcome on stand 128 at Project Challenge expo 2012. Mike Pryor, Principal Consultant at Bestoutcome, will also be presenting on the first day of the show and will be examining how experienced and successful project managers have enthusiastically embracedand adopted new project management processes, tools and techniques to sustain their new ways of working.

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About Bestoutcome

Bestoutcome specialises in complex change management for large
organisations operating in sectors such as finance, manufacturing, retail
and the public sector. Its approach is based on delivering specific
business outcomes. This is achieved by using highly experienced
consultants combined with PM3 – an elegant and flexible toolset – and
ODPM, an outcome-driven project management methodology. Formed in 2000 by
a group of expert change management consultants from
PriceWaterhouseCoopers and a team of senior technical specialists,
Bestoutcome has worked with a variety of blue chip clients to successfully
deliver some of the most demanding change projects in modern times.
Bestoutcome’s starting point is always the client’s ultimate business
goal. And it never loses sight of this. For more information please go to:
www.bestoutcome.com

About Michelle Symonds

Editor
Michelle Symonds is a freelance consultant specialising in digital marketing. She has many years experience in IT and IT Project Management in the oil industry and investment banking on complex global projects involving the management of outsourced project teams.

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