Project Plan 3 is a project management tool that enables teams to create and manage projects, track progress, and collaborate with team members. This specific license is an Open Faculty Shared license, which means it's designed for educational institutions. Key Features:

• All Language Support: This license includes support for all languages, making it suitable for educational institutions with international students or faculty.

• Subscription-based: This is a subscription-based license, which means you'll receive access to the latest features and updates for as long as you're subscribed.

• VL OLV E 1M AE: This is a specific license type that includes:+ VL: Volume Licensing, which means you can install the software on multiple devices.+ OLV: Open License Value, which provides a cost-effective way to license Microsoft products.+ E: Education, which indicates that this license is specifically designed for educational institutions.+ 1M: This license is valid for 1 month.+ AE: Addtl Prod, which means this license includes additional products or features beyond the standard Project Plan 3 license.

• Addtl Prod: This license includes additional products or features, which may include things like project templates, advanced reporting, or integration with other Microsoft tools.

Overall, this license is designed to provide educational institutions with a comprehensive project management solution that's flexible, scalable, and cost-effective