Microsoft has announced the general availability of a new version of Microsoft Project, along with a new subscription plan for those interested in using the service.
The new Microsoft Project has an all-new interface that should be more intuitive, making it easier to add members, create tasks, and view different kinds of charts. It also integrates with other Microsoft 365 services, and since it's built on the Power Platform, it can connect to multiple apps and services as needed.
One of the services it can connect to is Teams, and it's possible to have a project inside a Teams tab, for example, allowing it to be used alongside all the features that Teams offers. It also supports features like co-authoring, making it easier for teams to collaborate on projects. Project can also integrate with Power BI, so you can get insights into your projects.
Alongside the new version of Project, Microsoft also introduced a new subscription plan called Project Plan 1, which offers a basic set of project management features for $10 per user per month. Microsoft is also renaming the Project Online Professional and Project Online Premium plans to Project Plan 3 and Project Plan 5, respectively. Project Online Essentials seems to be replaced by the new Plan 1, which is more expensive but offers some additional features. Microsoft's plan comparison page doesn't seem to have been updated yet to reflect the new plans.
If you're already using Project, you may already have the new experience, since the rollout began in mid-October. If you don't have a subscription yet, but you're interested, you can learn more here.