The short answer is “yes”.

The longer answer is this. I will say right upfront that I am associated with the Australian representative for Primavera software. Over the past couple of years, while we have continued to sell reasonable amounts of P3, sales of Primavera v5.0 (and its predecessors) have far outstripped P3. We have also seen an increasing number of P3 users upgrade to Primavera v5.0 (an option granted to those with P3 licenses under current maintenance).

This pattern is repeated overseas, especially China where Primavera v5.0 represents 80%+ of all software sales there. The trend is clear; more and more new projects are standardizing on Primavera v5.0 as planning and scheduling tool of choice.

That said, many continue to work with P3 and Primavera continues to support them. I take the view that if and when users are ready to upgrade then there is a set process in place to help them, including orientation training and data migration assistance. I also believe there are many advantages to upgrading to Primavera v5.0, a subject touched on in the link I provided you earlier, but these advantages are only relevant if they matter to you and your organisation.

One last thing; some people are reluctant to make the switch to Primavera v5.0 for many reasons, some practical, some emotional, some based on misinformation and perhaps even based on perceived limitations with regards Primavera v5.0’s predecessor releases. I have found that once the user undertakes training and tries the product out in a real project environment, he / she will not often want to go back to P3.