Working with Advanced project management

Create and manage project quotations

The Advanced project management process for project quotations is fully based on and makes use of all functions as available in Dynamics 365 for Finance and Operations.

In this process, the focus is on the Advanced project management additions to the project quotation process.

For more information on working with project quotations, refer to Generate and manage project quotations.

Create and manage projects

In Advanced project management, you use the full project management functionality as available in Microsoft Dynamics 365 for Finance and Operations.
Advanced project management offers several additional functions to manage and control your projects. 

Create and manage project change orders

Once a project quotation is confirmed and transferred to a project, you can no longer make changes to, for example, the work breakdown structure. So, if changes are required, you can make these changes on the related project. To be able to track and manage these changes properly, you can use project change orders.

Note

You can only use project change orders on projects that are created from a project quotation. This project quotation must be created according to the Advanced project management process.

Before you can use project change orders, make sure these Advanced project management parameters are set:

• Change order forecast model - Define the forecast model for proposed project changes. If a project change order is submitted, the proposed changes are added to this forecast model. As a result, you can track submitted changes that are pending approval. On this forecast model, make sure the Use project date as invoice date check box is selected.
• Forecast model for archived changes - Define the forecast model for processed changes. If a project change order is transferred to a project, the changes are added to this forecast model. As a result, you can track the changes history of a project. On this forecast model, make sure the Use project date as invoice date check box is selected.

Create and manage subcontracts

You can subcontract parts of a project. use subcontracts to manage this, including the scope of work that you subcontract.

In the quotation phase of a project, you can subcontract activities. However, you can only activate a subcontract if the project quotation is confirmed, and a project is created.