A great new post on Power BI for Office 365 and how this can improve your reporting experience with Project Online - http://blogs.office.com/2014/02/27/power-bi-for-office-365-with-project-online/ 

There is a try before you buy offer, and you can look at the scheduled data refresh, larger workbooks and also some natural language queries – although I guess queries isn’t natural enough – so I’ll say questions instead…  Take a look – you will not be disappointed – or corrupted.