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What's new March 2026 - Project Operations Core

Applies To: Project Operations Core

This article applies to the following components and versions of Microsoft Dynamics 365 Project Operations:

  • Project Operations in a Microsoft Dataverse environment version 4.165.3368.2

Features included in this release

Feature area Feature name More information
Approvals New Approvals Experience.

The UI for approvals is updated to a form with tabs for each type of approval record. Using this new UI, approvers can quickly see how many records of each type are pending their approval. This new UI also uses the time phased grid for time approvals, but is customizable to user's preferences.
Billing and Pricing Refund Retainers.

Project Operations now enables users to refund retainers associated with project contracts. Users can mark retainers as Ready for Refund, generate refund invoices, track refund status, and cancel refund requests prior to posting. Refund‑ready retainers are automatically included in refund invoices, helping streamline the return process, and improve financial accuracy when managing customer advances.
Project Budgeting Enable improved project budgeting time phasing grid.

With the improved Project Budget time‑phased grid, budget line details now display on a single row. Budget periods are distributed across the same row based on the configured budget periods. This change provides a clearer, more intuitive, and easier‑to‑analyze view of time‑phased budgets. All existing budget actions and states are fully supported. The feature is available behind the Enable improved project budgeting time phasing grid. feature flag.
Use time-phased project cost budget lines
Sales What-if Analysis on Quotes.

What‑if Analysis in Project Operations lets you model different staffing and pricing strategies, view real-time financial KPIs, and compare scenarios side by side—helping you apply the most profitable option directly to your project quote.
Subcontracting Enabled Subcontracting UX improvements.

A new Hierarchy view is available on the Subcontracts list page, enabling easier navigation across related subcontract data. This view presents Subcontracts, their associated subcontract lines, and the linked project in a clear hierarchical structure, making it simpler to understand relationships and move between related records. This enhancement is available behind the feature flag Enable Subcontracting UX enhancements for smoother navigation and insights.
Enable improved subcontracting UX

Quality updates

Project Operations on Dataverse

Feature area Reference number Quality update
Approvals 5918358 Prevent recall of external expense entries.
Approvals 6114170 Export to Excel isn't working for project approval entity after selecting the records.
Billing and Pricing 5519210 Error when creating price override of type At transaction cost.
Project And Resource Management 6089066 Open in Project is visible in environments where customizations are present.
Sales 6002415 Quote line cost amount is wrong when cost-QLD is in different currency.
Subcontracting 5556498 An item with the same key has already been added error when actuals linked to Vendor Invoice are re-evaluated during Contract confirmation.
Time Entry 6100760 Time off entries don't appear on work hours calendar when time entry of vacation or absence type is created on a working day.