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Overview of Dynamics 365 Project Operations 2021 release wave 1

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Important

This content is archived and is not being updated. For the latest documentation, go to Project Operations updates. For the latest release plans, go to Dynamics 365 and Microsoft Power Platform release plans.

Important

Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned

In one application, Dynamics 365 Project Operations connects your sales, resourcing, project management, and finance teams to win more deals, accelerate delivery, empower employees, and maximize profitability. The application enables project-based organization success by building on our depth of expertise and existing applications across all functional pillars of service-based businesses and teams. Powered by Microsoft Power Platform, customers are provided with an unmatched set of capabilities that enable everyone to analyze, act, and automate across their organization to transform their services business from the ground up. It's everything you need to run your project operations, from deal management to financials, all in one application.

For 2021 release wave 1, we will deliver functionally rich experiences in several areas including:

  • Ability to forecast, use, and invoice nonstocked materials on projects.
  • Enable the ability to set up contractual commitments like billing methods and chargeability rules by task or a work breakdown schedule element.
  • Enhanced and seamless application lifecycle management (ALM) and provisioning experiences.
  • Enable customers using the Dynamics 365 Project Service Automation application to upgrade to Project Operations.

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