Instead of adding up the three qualifying cases directly, let's use complementary counting: find the total number of 5-person committees from all 12 people, then subtract the committees that fail to have at least 3 men (i.e. those with 0, 1, or 2 men).
Total committees of 5 from 12 people: \( \binom{12}{5} = 792 \). Committees with fewer than 3 men: \[ \binom{5}{0}\binom{7}{5} + \binom{5}{1}\binom{7}{4} + \binom{5}{2}\binom{7}{3} = 1\times21 + 5\times35 + 10\times35 = 21+175+350 = 546. \] Subtracting, the number of committees with at least 3 men is \( 792 - 546 = 246 \).
The complement of "fewer than 3 men" out of all possible committees reproduces the same count as adding the three qualifying cases directly.
Therefore, the correct answer is 246.