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Microsoft MB3-207 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Project Budgeting and Forecasting | 20% | - Budget revisions and versions - Forecasting costs and revenue - Budget vs actual analysis - Creating and maintaining project budgets |
| Topic 2: Time and Expense Management | 20% | - Timesheet integration with payroll - Time entry and approval - Cost allocation and distribution - Expense entry and reimbursement |
| Topic 3: Project Setup and Configuration | 25% | - Project types and categories - Integration with General Ledger - Project setup and parameters - Billing and revenue recognition setup |
| Topic 4: Billing, Revenue and Reporting | 15% | - Standard and custom reports - Project profitability analysis - Revenue recognition methods - Creating project invoices |
| Topic 5: Project Costing and Accounting | 20% | - Direct and indirect cost tracking - Work in progress (WIP) accounting - Cost posting and adjustments - Project closing procedures |
