A desktop publishing application from Microsoft that focuses on page layout and graphic design.
Unfortunately not - as per https://learn.microsoft.com/en-us/microsoft-365-apps/deploy/install-different-office-visio-and-project-versions-on-the-same-computer , you would need to separate them by leveraging virtualization (e.g. Hyper V if you have Windows 11 Pro or Oracle VM VirtualBox )
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hth
Marcin