Hi!
Finally we have Microsoft Project in Office 365. In this post I will show you how is it looks like. I will not cover the installation procedure. For that, read the Microsoft Blogs, and find what you need 
When I log in I get:

First I will add a brand new user, so he will be able to use Project in office 365!

and I will get:

next step is:

John is living in Croatia, and no, I do not want him to act like an Administrator!
Next step:

John is my friend, and I will give him all licenses 
Next Step:

Finally, I will have my new User:

Now I am going to check my mail:

Johnsmith is created. You do not believe me, do you?
Let us see:

I will login as John Smith now:

Now you believe me!
I have log in, as myself again and I am going to show you Administrator page for Project:

I will get:

You can manage your sites from here.
But how to create new Project? Easy.
First you have to wait for my next Post, and then you have to read it!
Regards!
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About Nenad Trajkovski
Location: Zagreb, Croatia
Occupation: Project Manager
Interests: Project Management and MS PROJECT
He was born in Zagreb, Croatia at 1963. After completing his college he started working on projects in different business areas (banking, manufacturing, automotive industry, distribution, oil companies, etc.) developing and implementing ERP systems into different companies. He has got a lot of experience working with people in different business processes and also possesses great knowledge in information technologies and financial services. Today he works as a business consultant, adn Project Manager in PERPETUUM MOBILE d.o.o. Zagreb. He is a regular lecturer for Project Management in MS Innovation Center in Varaždin, Logosoft Sarajevo in Bosnia and Herzegovina and SEAVUS GROUP in Skopje Macedonia. He was named the best lecturer of WINDAYS 2008 while his lecture was also voted as the best. In addition, he was in TOP 10 lecturers at the MS SINERGY 2009 and MS VISIA 2009, 2010. Shares first place as the best lecturer of KulenDays 2009 and 2010 and PMI Conference 2009 in Zagreb. He is also a regular lecturer in the MS Community. He is a Certified Accountant and a PMP (Project Manager Professional) and a PMI-RMP (Risk Manager Professional), MCP, MCT, and Microsoft Certified Technical Specialist - Microsoft Project 2010. From 01.01.2012 awarded with MVP (Microsoft Most Valuable Proffesional - Microsoft Project)!