End-to-end project lifecycle management — from opportunity and contract through planning, execution, and closure — with Copilot-assisted guidance.
| Capability | What It Does |
|---|---|
| Project Contracts & Quotes | Define project contracts, billing methods (fixed-price, T&M, milestone), and contractual terms linked directly to project execution |
| Work Breakdown Structure | Build hierarchical task structures with duration, dependencies, and resource assignments — integrated with Microsoft Project for the web |
| Project Tracking & Status | Monitor progress against plan with earned value metrics, cost-to-complete estimates, and AI-generated project health summaries |
| Change Order Management | Manage scope changes with formal change order workflows that update contracts, budgets, and schedules simultaneously |
| Risk & Issue Management | Identify, log, and track project risks and issues with impact scoring, mitigation plans, and escalation workflows |
Match the right people to the right projects — with skills-based staffing, utilization tracking, and proactive capacity planning.
| Capability | What It Does |
|---|---|
| Skills-Based Staffing | Search and book resources by skill, role, location, and availability to ensure the right people are assigned to every project |
| Resource Scheduling | Visualize resource bookings across all projects with a schedule board showing utilization, conflicts, and open capacity |
| Utilization & Capacity | Track billable vs. non-billable utilization for every resource with targets, actuals, and trend analytics for staffing decisions |
| Generic Resource Planning | Plan projects using generic resource roles before named resources are confirmed, enabling early-stage staffing estimation |
| Subcontractor Management | Create and manage subcontract agreements, link subcontractors to project tasks, and track their time and expenses against budgets |
Streamlined capture of billable hours and project expenses — on any device — with configurable approvals and policy enforcement.
| Capability | What It Does |
|---|---|
| Time Entry & Approval | Enter time weekly or daily against project tasks with Copilot-assisted suggestions based on calendar and recent work patterns |
| Expense Reports | Submit and approve expense reports with receipt capture, category policies, per diem rates, and credit card reconciliation |
| Mobile Time & Expense | Log time and expenses from any mobile device with offline support, camera-based receipt scanning, and GPS mileage tracking |
| Approval Workflows | Configure multi-level approval workflows for time and expenses with automated routing, delegation, and exception handling |
| Policy Enforcement | Define and enforce expense policies with spend limits, per diem rates, and project-specific rules applied automatically at submission |
Accurate project billing and compliant revenue recognition — from milestone invoicing through IFRS 15 / ASC 606 compliance.
| Capability | What It Does |
|---|---|
| Project Invoicing | Generate project invoices automatically based on milestones, time & material actuals, or retainer schedules with customer review workflows |
| Revenue Recognition | Recognize revenue over time using percentage-of-completion, milestone, or completed-contract methods in compliance with IFRS 15/ASC 606 |
| Work in Progress (WIP) | Track unbilled revenue, deferred cost, and WIP balances with automated accounting entries that reconcile to the general ledger |
| Intercompany Billing | Bill and recognize revenue across legal entities for complex, multi-entity project delivery structures |
| Cost Management & Budgets | Track actual costs against approved budgets with variance analysis, ETC, EAC, and cost-at-completion forecasting |
AI embedded throughout the project lifecycle — from Copilot-powered planning to predictive risk alerts and intelligent resource recommendations.
| Capability | What It Does |
|---|---|
| Copilot in Project Operations | AI assistant for generating project plans, summarizing status, drafting status reports, and answering questions about project data |
| AI Project Summaries | Generate executive-ready project status summaries combining schedule, cost, and risk data with AI-written narrative analysis |
| Intelligent Resource Matching | AI recommends the best-fit resources based on skills, availability, past project performance, and learning from historical assignments |
| Predictive Cost & Risk | Machine learning models flag at-risk projects, predict cost overruns, and recommend corrective actions before issues escalate |
| Time Entry Copilot | Copilot suggests time entries based on calendar meetings, emails, and recent tasks — reducing administrative burden for consultants |
Real-time project portfolio visibility — from individual project health through practice-level profitability and resource utilization trends.
| Capability | What It Does |
|---|---|
| Project Analytics Dashboards | Pre-built dashboards showing project health, earned value, cost-to-complete, and schedule performance across the portfolio |
| Resource Utilization Reports | Analyze billable utilization, bench time, and capacity gaps by resource, role, and practice with trend and forecast views |
| Financial Performance | Track project margin, revenue, invoiced-to-date, and remaining budget with drill-through from summary to transaction level |
| Power BI Integration | Connect Project Operations data to Power BI for custom dashboards, cross-project analysis, and executive portfolio reporting |
| Practice & Portfolio Analytics | Roll up project KPIs across practices, geographies, and client segments for strategic portfolio management and investment decisions |
Product Roadmap
2026 Release Wave 1 (Apr – Sep 2026) — Source: Microsoft Learn Release Plans
Prior Releases
Source: Dynamics 365 Release Plans — Microsoft Learn
2025 Release Wave 2 (Oct 2025 – Mar 2026)
2025 Release Wave 1 (Apr 2025 – Sep 2025)
2024 Release Wave 2 (Oct 2024 – Mar 2025)
| Feature | Category | GA Date |
|---|---|---|
| Copy quotes and contracts across legal entities | Project Planning | Oct 30, 2024 |
| Support cost plus pricing for resource time | Billing | Oct 1, 2024 |
| Add custom columns to an enterprise task, phase 1 | Project Planning | Dec 20, 2024 |
| Enable editing of project date for project adjustments | Financials | Dec 27, 2024 |
| Default cost rate in project estimation scenarios | Financials | Mar 31, 2025 |
| Enable progress billing resource and nonstocked scenarios | Billing | Mar 14, 2025 |
| Enable processing billed sales for resource-nonstock deployments | Billing | Mar 3, 2025 |
| Enable progress-based billing in Billing hub | Billing | Feb 28, 2025 |
| Use the enhanced quote experience | Project Planning | May 31, 2025 |
| Enable estimate grid to display cost and sales on one row | Project Planning | Apr 30, 2025 |
| Use integration troubleshooting for modern projects | Platform | Jun 6, 2025 |