Does your Business Need the Extraordinary Capabilities of Dynamics 365 Project Operations?

Marketing Team
Published on November 14, 2021

Dynamics 365 Project Operations is a new addition to the dynamics 365 families. It is a reorganization and separation from the existing project management and accounting modules of Dynamics 365 Finance and Operations and Project Service Automation (PSA). Project functionality that was formerly included in Dynamics 365 Finance and PSA has been integrated into a distinct SKU called Project Operations. Microsoft Dynamics 365 Project Operations brings together sales, resourcing, project management, and finance teams in a single platform to help you close more transactions, complete projects faster, and make more money. The Dynamics 365 Project Operations module integrates organizational teams around actionable data that can help:

  • Obtain new business opportunities
  • Project delivery on a tight timeline
  • Increase your profit margins.
  • Make project accounting easier.
  • Organize your assets.
  • Perform better than the competition
  • Unlock your company's flexibility.

Dynamics 365 Project Operations, Microsoft Projects, Dynamics 365 PSA

What are the key benefits of Project Operations?

Microsoft Dynamics 365 Project Operations brings together sales, resourcing, project management, and finance teams in a single platform to help you close more transactions, complete projects faster, and increase profitability.

  1. Improved project management

Manage with assurance – Give your management all the tools they need to succeed, such as interactive dashboards for reviewing, monitoring, and approving costs and schedules. Improve customer relations – Build trust by ensuring that projects are delivered according to contract conditions and that they are completed on time and on budget."

With better AI and analysis gain detailed insights to boost visibility across all teams, data, and processes.

  1. Optimize your resources scheduling and tasks

Optimize scheduling — The unified scheduling engine in D365 Project Operations gives real-time visibility of resources, ensuring that the right resources are assigned. Make decisions based on data. - Make sure you're getting the most out of your billable resources by precisely estimating where and when you'll need them.

  1. Forecast profitability

Make your consumers a priority. – Confirm project information, prices, and resource requirements with clients. Increase your visibility – To prioritize deals, use the sales management dashboard in D365 Project Operations. Streamline your processes if you want to save time and money. Within Dynamics 365, you can create project contracts, track labor rates, and generate statements of work.

  1. Accelerate sales performance

Pipeline management — With a unified sales dashboard, you can get a 360-degree picture of your pipeline. Stay ahead of the game – D365 Project Operations interactive dashboards and reports based on previous data can help you spot problems and patterns. Motivate your salespeople – To improve sales effectiveness, responsibility, and motivation, organize a fun and engaging team sales contest. Simplify the onboarding process for new employees – To shorten your onboarding process, combine best practices with sales behavior and provide help documents.

  1. Service Analytics

Real-time analytics can help you go from reactive to proactive mode. To ensure that initiatives are feasible and lucrative, interactive Business Intelligence (BI) is used. Understand the key performance indicators (KPIs) that are required to manage a project-based firm successfully.

What are the Differences between D365 PO and PSA?

Both project automation and management systems that work from start to finish. D365 PSA, on the other hand, focuses on front-office project management. D365 Project Operations, on the other hand, covers both the front and back offices. Project Operations, for example, incorporates Microsoft Project's planning and scheduling capabilities (which were previously unavailable in PSA), as well as some of D365 Finance's project management accounting and expense management capabilities.

Project Service Automation Project Operations
Contact ManagementIntegrated Features of Dynamics 365 FO
Smart invoicingProject accounting
Integration with CRM platformsSimplified time tracking and expense management
Resource AlignmentResource Utilization

Degrees of Simple vs Complex Projects in Project Operations

In comparison to state-of-the-art project planning tools, Project Operations features a simpler and limited work breakdown structure (WBS). It does, however, make it simple to map out a project timeline and assign resources to activities inside that timeline. It's a good tool for task management. Project Operations may be a good fit for you if your projects are simple and/or short in duration.

D365PO is now available in a few distinct configurations. One requires both Microsoft Dynamics 365 CE (CRM) and Microsoft Dynamics 365 Finance (ERP), whereas the other does not. D365PO(F+CE) may be appropriate for your company if it is primarily a professional services firm with simple project business demands and smaller projects. The D365PO(F) deployment option may be suitable if your firm only requires basic project accounting features.  When the complexity of your project's business grows, your demand for D365 Project Operations with add-on solutions will become inevitable. A high level of project business complexity could indicate that your projects have a large number of tasks that necessitate advanced project scheduling capabilities, change control, or real-time synchronization with procurement, inventories, equipment, and other company processes. When needed you can integrate your solution with other Dynamics solutions like Business Central, Power BI, etc to assist you in getting the optimum result.

Microsoft Project Operations is a powerful project management platform that improves communication, optimizes resources, and aids in increasing efficiency while increasing profitability and visibility across the whole project lifecycle. Project Operations includes all of the tools needed to help your company succeed, from the start of a new opportunity to the end of the project lifetime. Now that you know the capabilities of Project Operations, it is your responsibility to decide to take the step forward towards a streamlined future.