On February 19, 2020, Microsoft announced: A new application that will bring together capabilities from Project Service Automation, Microsoft Project for the web, and project management and accounting within Finance into a single offering. Microsoft Dynamics 365 Project Operations connects cross-functional teams within a single application to win more deals, accelerate delivery, empower employees, and maximize profitability.
Dynamics 365 Project Operations becoming available for public preview in June 2020 and generally available on October 1, 2020 delivering everything needed to optimize operations from prospect to cash, all in one application.
Please refer below blog for more information:
https://community.dynamics.com/365/projectserviceautomation/b/dynamics-365-for-project-service-automation-blog/posts/what-s-next-for-dynamics-365-project-service-automation-and-the-project-management-and-accounting-pma-capabilities-within-dynamics-365-finance
Please click on below image for announcement..
GM Dynamics Consulting 