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

Chapter 5: Project Contracts and Pricing

In the previous chapter, we learned how to create project opportunities through the business process flow and about various other capabilities of the system that will guide an account manager through the processes of selling.

In this chapter, we are going to follow an opportunity through to the contracts and contract types that will drive the billing and revenue recognition of the project we are selling.

This chapter will show you how to set up contracts that will represent the types of work your firm does and build pricing models to support all levels of pricing. Whether your client projects are easy to set up or complex, with mixed line-item types and multidimensional client-pricing models, this chapter will cover it.

In this chapter, you will learn about the following concepts:

  • Understanding the workflow from opportunity to project contract
  • Implementing project contracts and contract lines
  • Contract types (time and...