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Govern projects and manage scope with the project to profit business process area

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Applies to: Dynamics 365 Business Central, Dynamics 365 Finance, Dynamics 365 Human Resources, Dynamics 365 Project Operations, Dynamics 365 Sales, Dynamics 365 Supply Chain Management

The project to profit end-to-end process is broken down into overlapping business process areas to govern projects, manage project scope and schedule, and many more. The following sections describe the business process areas.

Govern projects

This business process area involves establishing processes and procedures to manage projects in a structured and consistent manner. It includes tasks such as the following list:

  • Developing a project charter
  • Defining project organization structure, and roles and responsibilities
  • Establishing processes for making decisions, and monitoring and controlling the delivery of project work
  • Communicating with stakeholders
  • Managing change requests
  • Managing project knowledge

This process area is sometimes referred to as Project Integration Management and unifies the other process areas in the coherent project to profit end-to-end process.

Learn more at Govern projects overview.

Manage project contracts

This business process area involves creating and managing project contracts throughout the project lifecycle. It covers developing contract templates, negotiating specific contract terms, monitoring contract compliance, managing change orders, and resolving contract disputes.

Learn more at Manage project contracts overview.

Manage project resources and schedule

This business process area focuses on defining and managing project scope, as well as creating and maintaining a project schedule. It covers tasks such as the following list:

  • Identifying project requirements and deliverables
  • Developing a work breakdown structure
  • Creating a project schedule that details the timeline for completing project activities

Learn more at Manage project resources and schedule overview.

Manage project financials

This business process area focuses on managing the financial data that is associated with the project work. It covers tasks such as the following list:

  • Reviewing and approving project estimates
  • Managing project budgets
  • Creating project invoices
  • Managing and recording project revenue

Learn more at Manage project financials overview.

Manage project delivery

This business process area focuses on completing the work that is required to meet project objectives on time and within budget. It involves planning, performing, and monitoring project tasks, managing project resources, and fixing any issues that arise.

Learn more at Manage project delivery overview.

Monitor and analyze project performance

This business process area focuses on monitoring project performance against its established objectives, enabling timely communication and corrective action as needed. It involves tracking qualitative and quantitative project metrics, analyzing variances, and initiating communication of the results to stakeholders. It's a key enabler of effective project governance.

Learn more at Monitor and analyze project performance overview.

Next steps

If you want to implement Dynamics 365 solutions to assist with your project to profit business processes, learn more at the following resources and steps.

  1. Project to profit introduction

  2. Project to profit end-to-end overview

You can use the following resources to learn more about the project to profit process in Dynamics 365.