01
Standard vs Professional
Project Standard 2021 is the single-user desktop scheduler — full Gantt charts, resource sheets, baselines, critical path, earned value, reports, and the Office ribbon UX. Project Professional 2021 adds team collaboration features that depend on connecting to Project Server or Project Online: enterprise resource pool, team planner, synchronisation with SharePoint task lists, and the ability to publish projects to a central Project Web App for portfolio reporting. Professional is the right SKU when there is a central PMO or PPM platform behind the scheduler; Standard is the right SKU for individual schedulers, consultants, or teams that share files but do not need centralised portfolio reporting.
02
Licensing channels
Project 2021 reaches users through Retail (single PC per licence), Volume Licensing (per-device or per-user under the chosen agreement), and OEM pre-installation on some workstation hardware. There is no consumer subscription equivalent in the Microsoft 365 family — Project as a subscription is sold under the separate Project Plan 1 / 3 / 5 SKUs, which are per-user cloud subscriptions and are licensed independently of Microsoft 365 E3/E5. Standalone OEM Project keys offered cheaply outside official channels are essentially always leaked volume keys; treat them as the same red flag as standalone OEM Windows keys.
03
Integration with Project Server, Project Online and SharePoint
Project Professional 2021 connects to Project Server 2019 (on-prem) and Project Online (cloud) for enterprise scheduling: published projects appear in Project Web App, the timeline rolls up into portfolio reports, resources draw from a central pool. It also synchronises with SharePoint task lists for lightweight scenarios. For organisations on Project Online, the desktop Project Professional 2021 client is bundled in the Project Plan 3 and Plan 5 subscriptions — buying Professional separately is only necessary when no matching subscription exists.
04
Support timeline and migration
Project 2021 mainstream support runs through 13 October 2026 (no extended support is provided for perpetual Project SKUs at the consumer / Retail tier; the LTSC equivalent under Volume Licensing has the same five-year servicing model). After that date no further security updates ship and the product becomes a compliance issue for anything that touches regulated project data. Project 2024 (perpetual) or Project Plan 3 / Plan 5 (subscription with desktop client) are the migration targets.