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Press Release: Bestoutcome announces Version 8.2 to flagship solution, PM3
Introducing a new Programme and Project Gateways functionality in v8.2 making it even easier for users to track and realign activity to achieve desired business outcomes
London, 8 July 2013 – Bestoutcome, the leading consultancy specialising in outcome-driven project management, has today announced a series of significant enhancements to the functionality of its software solution, PM3.
The introduction of Programme and Project Gateways in PM3 v8.2 represents major new functionality. It provides key control points in the life cycle of a programme or project, allowing users to critically assess its ongoing viability. At each Gateway (e.g. Initiation Approval Gateway, Launch Approval Gateway) the Project Manager defines the Project’s RAG (red, amber, green) level of compliance with checklist questions specific to that Gateway (e.g. ‘The business case is commercially compelling‘), attaching relevant evidence, and submits the results for governance review. As a result of the review it may be decided that it is actually in the organization's best commercial interests to rescope, reshape, rebaseline or even terminate the project.
As part of the update, Bestoutcome is also making its Outcome-Driven Project Management Framework accessible from within PM3. The framework provides a project management Process Map with Document Templates and Gateway Templates to assist organisations in managing and governing their projects through their entire life cycle.
“We recognise the importance of listening to our customer and more importantly, acting on their ideas and requirements,” said Iain Aitken, Systems Architect, Bestoutcome. “This latest iteration of PM3 makes subtle changes to the appearance and core functionality of the software but adds a whole new dimension to the solution in the form of Programme and Project Gateways. One of our goals as a company is to help our customers maintain focus on delivering desired business outcomes when initiating and then delivering a project or programme, and with this update we are making it even easier for PM3 users to track and realign activity to achieve those desired aims.”
For those interested in the Project Gateways governance process but unsure of where to start, Bestoutcome has also developed a Project Gateways Assessor app, which is available from the iTunes app store.
Bestoutcome specialises in its approach to project management known as ‘outcome-driven project management (ODPM)’in organisations operating in sectors such as finance, manufacturing, retail and the public sector. Its approach is based on delivering desired business outcomes in order to realize desired business benefits. This is achieved by using highly experienced consultants combined with PM3 – an elegant and flexible toolset – and ODPM. 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
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About the author
David Walton - I am David Walton, Programme, Project and Portfolio Management specialist and director of Bestoutcome here in the UK. We make the PMO tools PM3, PM3time and PM3NHS, the only PMO tools designed by practitioners for practitioners.