There are several ways that Business Central can be used to assist with Project Management
Budgeting: Job costing and resourcing functionality helps you create, manage and track projects. You can list chargeable and non-chargeable resources too.
Planning: Invoicing can be tracked for your customers. You can compare actual costs vs planned on orders and quotes.
Analysis: Since you access all data in real-time, you can make effective decision on key criteria such as status, profitability and resource-usage.