Benefits of Microsoft 365 Copilot for Project Managers

Recently, Microsoft announced its partnership with OpenAI (creator of ChatGPT). Under this particular alliance, they are deploying the Copilot generative AI (genAI) assistant for Microsoft 365. Copilot integrates into apps like Word, Outlook, Teams, Excel, PowerPoint, and many others to provide full-time assistance to organizations.

The purpose of a copilot is to automate tasks, create content, and save hours of searching online or looking at manuals.

The ultimate goal of Copilot is automating processes like writing an email or making a slideshow. In this article, we will talk about the benefits of Microsoft Copilot for Project Managers.

How Does Microsoft 365 Copilot Work?

Other than the integration of Copilot into the apps of Microsoft 365 such as Word, Excel, and more, it also works across the data in Microsoft Graph – giving you full assistance with calendars, email, chats, documents, contacts, and even meetings. All you need is to provide it with Natural language prompts, and it can provide required suggestions, summaries, and anything else that you need.

For example, when requested to draft a project proposal, it utilizes data from your organization and your previous work. The aim is to create a relevant and cohesive draft tailored to your specific needs and requirements.

Satya Nadella, Chairman and CEO of Microsoft, stated in the event that today represents the next big step in the evolution of how we interact with computing. It will bring substantial transformation in our work methodologies and unlock a new wave of productivity growth. He also said, “With our new work copilot, we’re giving people greater control while also making technology more accessible via the universal interface – natural language.”

Understanding Copilot as You Add It to Dynamics 365 Project Operations

Businesses nowadays are not going at a slow pace but are moving quite fast; therefore, they need to optimize project execution. Microsoft’s latest development, Copilot, delivers strong tools to improve Dynamics 365 Project Operations:

• It serves as a virtual assistant, and by leveraging AI, it provides predictive insights and other information to help you make informed decisions.
• It is a new feature in Dynamics 365 Project Operations that offers AI-powered assistance to help enterprises scale their operations quickly.
• Microsoft 365 Copilot for Project Managers enables them to improve procurement, manage risks, and generate impact.

5 Top Benefits of Copilot for Project Managers

According to a recent Forrester report, 6.9 million US knowledge workers—or roughly 8% of the total—will be using Microsoft 365 Copilot by the end of 2024.

So, if you are a project manager, it is your time to embrace the change. You need to get on board with the Microsoft 365 Copilot AI for project managers to have a more productive management process in place.

Here are some of the major benefits of Microsoft Copilot for Project Managers:

• Predictive Insights and Decision Support with Copilot: Copilot offers AI capabilities by offering deeper insights into project options while helping your decisions to be more predictable. Through the analysis of past project data and the consideration of multiple aspects, Copilot offers insightful recommendations. One can always use them for improving project planning, allocation of resources, and risk management.With the help of Copilot, project managers can make informed choices, respond quickly to changing situations, and drive project success.
• Enhanced Data Analytics and Reporting: It isn’t just about predictive analysis. Copilot also provides businesses with better data analytics and reporting capabilities. Businesses get to use the AI ability of Copilot to capitalize on its full potential and get better data projection along with the latest trends and more opportunities.
  
  Real-time reporting and data-driven analytics ensure that all the team and management executives can track progress. They can also analyze project health and make further decisions based on it.
• Copilot GPTs: With the launch of Copilot GPTs, Microsoft 365 Copilot goes above and beyond the amazing capabilities it delivers for different jobs. These are custom-trained AI models tailored to specific industry demands and workflows, bringing Copilot’s capabilities to a whole new level of customization.Consider Copilot GPTs as specialized tools that are well-versed in the terminology, information, and procedures specific to your sector.
• Dynamics 365 Integration: Microsoft’s Dynamics 365 blends practical, business-oriented applications with breakthrough AI technology to produce highly sophisticated, streamlined solutions.
  
  Customer service agents get to offer their best with Copilot as an assistant. It can help in composing emails for the response and also chat on your behalf to provide needed information for the inquiry. If you ask, it will draw case histories, too, for suitable customer responses.

  Marketing Managers can use it for analyzing and identifying target audiences and trends and also for creating original content. As marketing managers, you can also use it to draft promotional content with it.It generates automatic responses and suggestions by analyzing key topics to help edit the content in real-time. Besides, you can also make it more relevant to the audience with specific prompts.

  Copilot is capable of suggesting a new target audience as per the required demographic. It can further match prospective clients, fitting the criteria that may have gone unnoticed by the marketers. Copilot can speed up and improve the accuracy of consumer insight analysis by managing complex computations and a variety of data types.

• Business Chat with Copilot: Copilot in Microsoft works with you and is integrated into the Microsoft 365 apps you use every day. Additionally, it also helps in other different ways because they have recently introduced Business Chat for more productivity. Yes, they recently announced a new module called Business Chat.
  
  Business Chat integrates the LLM, Microsoft 365 apps, and your data – calendar, emails, chats, documents, meetings, and contacts. It lets you do things you’ve never done before. You can use natural language prompts, such as “Inform my team on the latest event coming up,” to create a calendar update based on the meetings, emails, and chat threads.

Conclusion

As we can see, Project Managers with Microsoft 365 Copilot can work more efficiently than your current one. They are perhaps tired and exhausted with all the workload but cannot say it out loud.

So, ease it for them and your company, get in touch with us at Apps4Rent and get more details on it. We are an Authorized Microsoft Partner and ready to help you steer your business in the right direction of these modern dynamics.