Comparing database and software versions is not normally necessary, but may be helpful for software development and data migration purposes.

You can compare software and database versions as follows:
Software version:
\Inetpub\Project Insight\bin\ProjectInsight.WebApp.dll -> use the Version tab

DB Version from SQL Server Management Studio:
ProjectInsight->Programmability->Stored Procedures->Version->Modify (don’t modify it, but this will allow you to read it).

The two versions may not be an exact match, but must match up to the fourth digit. In other words, they match if the version of the software is 18.3.2.27420 and the database is 18.3.2.23884. We’re just looking for the 18.3.2.2 part of the version.