Book Image

Microsoft Dynamics 365 Project Operations

By : Robert Houdeshell
Book Image

Microsoft Dynamics 365 Project Operations

By: Robert Houdeshell

Overview of this book

Dynamics 365 Project Operations is a game-changing solution set for project-driven businesses that allows you to deliver commercially successful projects in a timely and cost-effective manner, keeping the project teams productive and collaborative. With this book, you'll find out how you can bring more value to the business by winning new projects and driving exponential revenue growth. Starting with the key principles of Project Operations, you'll understand how it improves project planning and execution. You’ll then learn how to successfully deploy Project Operations along with different integration strategies and get to grips with the best approach for sales through project opportunities, project contracts, and pricing workflow implementation. This book will guide you through setting up direct staffing and centralized staffing models and enable you to manage project changes confidently by getting hands-on with project timeline management, pricing management, resource assignments, and modifications. In the final chapters, you'll find out how to use Project Operations effectively for project accounting and finance. By the end of this book, you’ll have gained the confidence to deliver profitable projects in a well-connected organization through efficient decision-making and successful customer-client relationships.
Table of Contents (17 chapters)
1
Section 1: Foundation and Framework of Project Operations
5
Section 2: Project Sales through Delivery
10
Section 3: Project Delivery through Operations

Generating bookings

Generating bookings is an efficient way of assigning work to team members to benefit the time entry of these team members.

Bookings relate to the core assignment of a team member to a project, a task, and a timeline. Bookings have a variety of booking statuses and allocation methods that drive bookings for a team member.

Bookings are important since they are most likely going to be the basis of many management decisions. Some of the decisions may include the following:

  • What is our forecasted utilization?
  • Do we have enough team members to meet the demand of our clients?
  • Do we have team members who are underutilized?
  • What is our finance forecast based on bookings?
  • What other constraints do we have in our business?
  • How are our team members performing against their bookings?
  • Are team members working the assigned number of hours?

There is also the potential to book directly from the Bookings screen. Let's take a look...