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