Office 365 Project Creation Settings

Go to the Microsoft Azure Portal & Sign In with Admin Account

Then, click on Azure Active Directory > App registrations > New registrationas shown below:

Now enter all requested information (Name, Supported account types, Redirect URL) and click on Register as shown below:

After successful registration, click on Certificates & secrets > Upload Certificates as shown below:

Now browse the certificate and click on Open. Browse the SysTools certificate which you can find here C:\ProgramData\SysTools\Workspace\Keys\. After selection, click on Add as shown below:
(NOTE: By default "ProgramData" is hidden on Windows.)

Now click on API Permissions and select Add permission as shown below:

Go to Microsoft Graph >> Application Permissions and add the permissions as per your requirement as shown in Step 8.

After adding permissions from Microsoft Graph, now go to "APIs my organization uses" tab and search "Office 365 Exchange Online" and click on it. Then, click on Application Permissions and add the permissions as per your requirement as shown in Step 8.

Now add below given permission (and click on Grant admin consent for SysTools) as given below:
If Office 365 is source platform then you need to add below given permissions:

If Office 365 is destination platform then you need to add below given permissions:

After clicking on Grant admin consent for SysTools, you will get below messages, click on Yes to proceed further

Now click on Overview and copy the Application ID for further usages as shown below: