We are taking the derivative of $3\cos^3{x}$.
Using the chain rule I got $9\cos^{2}{x}\left(-3\sin{x}\right)$, but this was incorrect as the second multiplied term should be $-\sin x$.
My question is why is it $-\sin{x}$ instead of $-3\sin{x}$? According to the constant rule shouldn't it be $$3 \frac{\mathrm{d}}{\mathrm{d}x}\left(\cos x\right)?$$
Apply the constant rule first $(3\cos^3{x})' = 3(\cos^3{x})'$.
You have misapplied the chain rule by counting the constant "twice".