The first Windows version was released in 1990, and was labelled version 1 for Windows. Version 4 for DOS was the final DOS version. Microsoft bought all rights to the software in 1985. The first commercial version of Project was released for DOS in 1984. Microsoft Project and Microsoft Project Server are the cornerstones of the Microsoft Office enterprise project management (EPM) product. Microsoft Project's proprietary file format is.

It is available currently in two editions, Standard and Professional. It is part of the Microsoft Office family but has never been included in any of the Office suites. Within a few years after its launch, it became the dominant PC-based project management software. Microsoft Project was the company's third Microsoft Windows-based application. It is designed to assist a project manager in developing a schedule, assigning resources to tasks, tracking progress, managing the budget, and analyzing workloads. Microsoft Project is a project management software product, developed and sold by Microsoft.

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