Microsoft Project 2024 vs 2021: Should You Upgrade?

Upgrade or Skip? Microsoft Project 2024 vs 2021 Compared

Microsoft Project is a popular option for people who need effective project planning tools. Each new version brings along enhancements designed to elevate user experience and augment the software's capabilities.

Now, let us compare Microsoft Project 2024 with Microsoft Project 2021. This article contrasts both solutions and highlights how these differences will impact project planning and management.

Comparison: Microsoft Project 2024 vs 2021

Scroll down for full feature breakdowns.

Microsoft Project 2021 Overview

Microsoft Project 2021 is a reliable project planning tool for project managers. It offers many MS Project features to support project planning and execution. Its scheduling features and resource management tools help project managers keep projects on time and on budget.

Microsoft Project 2021 Features

• Task Management: This option makes it very simple for project managers to add and manage tasks. They can assign people to tasks and set deadlines. This helps make sure all team members work towards the same project goals.
• Resource management: Assists project managers in utilizing relevant resources efficiently. That means team members are neither overworked nor underworked. This feature helps keep the team's workload even. It stops burnout and helps everyone be more productive.
• Timeline View: This timeline view displays the timeframes of various projects and critical milestones. This allows project managers to communicate the status of their progress and what stakeholders can anticipate.
• Collaboration Tools: Integrated collaboration tools facilitate team communication, allowing for seamless sharing of information and updates. These tools help team members work together well, no matter where they are.
• Reporting: This feature enables project managers to track project performance. That way they can be empowered to make data-driven decisions.

Microsoft Project 2021 Versions

There are two MS Project 2021 editions, designed to meet different needs of project management:

• Microsoft Project 2021 Standard: This edition is ideal if you primarily need to manage projects and budget management. This software is a one-time purchase. It helps you schedule tasks, track progress, and manage budgets. With these tools, you can plan and carry out your projects well over time.
• Microsoft Project 2021 Professional: Expanding on the features offered in Standard, the Professional edition includes advanced capabilities for resource management and enhanced collaboration. With Project Professional 2021, you can connect with Microsoft Project Online, manage timesheets, and use extra tools. These features help make complex project tasks easier to handle. It is a strong solution for professionals with demanding project needs.

Microsoft Project 2024 Overview

Microsoft Project 2024 is packed with many new features that were launched in late 2023. Designed to enhance user workflows and add additional functions to the tool, these features are essential. These upgrades are intended to meet the evolving demands of project management. Their solutions provide comprehensive tools, improving efficiency and collaboration in an ever-evolving work environment.

Microsoft Project 2024 Features

Microsoft Project 2024 is an upgrade on the previous version. It comes with capabilities that will facilitate better work and improved collaboration between users. The updates reflect Microsoft's vision for delivering tools that meet the reality of project managers and their teams today.

• Enhanced User Interface: A simpler and clearer interface makes it easier for users to use the software. This helps teams learn faster and focus on what is important—completing projects successfully.
• Advanced AI Features: Leverage artificial intelligence to automate routine tasks and provide intelligent recommendations. AI-driven insights can offer project managers a strategic advantage by identifying potential issues before they escalate, allowing for proactive management.
• Enhanced Integration: Seamlessly integrate with other Microsoft 365 apps and third-party tools to enhance workflow. This integration helps create a better work environment. It makes information shared across platforms easier, boosting productivity and teamwork.
• Real-Time Collaboration: Experience improved collaboration with features that allow team members to work simultaneously on project plans. This ability to work together in real time helps teams manage projects better. It allows them to quickly adapt to changes and make smart choices.
• Better Resource Optimization: Advanced tools for resource allocation help optimize resource usage and prevent bottlenecks. These tools help project managers decide how to use resources wisely. This ensures that projects stay on schedule and within budget.

Microsoft Project 2024 Versions

You may purchase MS Project 2024 with the following two editions that target different project management requirements:

• Microsoft Project Standard 2024: This product key is the best for managing projects and budgets. A one-off purchase gives you perpetual access to task, project, and budget planning tools without recurring subscription charges.
• Microsoft Project Professional 2024: More features than its Standard counterpart. It can sync with Microsoft Project Online. Other than that, it features advanced time sheet and resource management tools. That makes it ideal if you need to manage projects down to the details.

It’s also important to understand the difference between LTSC and standard (non-LTSC) releases. If you’re considering Microsoft Project 2024, our comparison of Project 2024 LTSC vs non-LTSC explains which option suits your organisation best. This is especially useful if you prefer long-term stability over frequent feature updates.

Microsoft Project Review: Which One Should You Choose?

Choosing between Microsoft Project 2021 and Microsoft Project 2024 depends on your needs and the complexity of your projects. If you need better teamwork tools and AI insights, Microsoft Project 2024 is the better option.

However, if your current setup with Microsoft Project 2021 meets your needs, there might be no immediate need to upgrade. It's important to review your project management practices and see which features will help your team the most.

If you’re still weighing Microsoft Project against other tools, it’s worth looking at how it compares to the wider market. Our guide to the best project management software breaks down leading platforms, their strengths, and where Microsoft Project fits best. This can help you confirm whether Project is the right solution for your workflow or if another tool better matches your needs.

Taking These Factors into Account: MS Project 2024 or MS Project 2021

• Team Size and Structure: Bigger teams or those working from home might find the collaboration tools in Microsoft Project 2024 more helpful. Using Microsoft tools in real-time helps remote teams work and talk together more easily.
• Project Complexity: Projects that need careful planning of resources and risks may find the AI tools in the 2024 version useful.
• Budget Constraints: Think about the costs of upgrading. Consider whether the new features are worth the money you will spend.

By thinking about these factors, you can make a smart choice. This will help your team and improve how you manage projects. You can stay with Microsoft Project 2021 or use Microsoft Project 2024. Both are strong project planning tools to help you manage and complete projects well.

Final Thoughts

Microsoft Project is considered among the best project management software, and each version has its own specific advantages. Many users in various fields find Microsoft Project 2021 to be a great project management tool. Nevertheless, Microsoft Project 2024 includes some innovative features able to enhance team performance and collaboration among team members.

Evaluate your organisation's requirements and the benefits of each option. This can help you select the alternative that best aligns with your project objectives and facilitates success.

Keep on top of the latest in project management software. That way, your team will be equipped with everything they need to succeed in today's changing, competitive world.