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Home› MB-700: Microsoft Dynamics 365: Finance and Operations Apps Solution Architect› Implement finance and operations apps› What is the difference between an upgrade and an updat…

✏️ Explanatory Question

What is the difference between an upgrade and an update?

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📘 Detailed Answer

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← Previous How are updates applied to cloud environments? Next → Why should organizations always move to the latest version?

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← Previous How are updates applied to cloud environments? Next → Why should organizations always move to the latest version?

📌 Topic Information

Subject MB-700: Microsoft Dynamics 365: Finance and Operations Apps Solution Architect

Chapter Implement finance and operations apps

Sub-Chapter Implement application lifecycle management in finance and operations apps

Type Short Answer

Published 14 Jan 2026

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What is Application Lifecycle Management (ALM) in Finance and Operations apps?

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Explain the Waterfall methodology and when it should be used.

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What is the Spiral methodology and where is it best applied?

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What are the two types of models that can be created?

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