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Microsoft MB3-003 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Creation and Maintenance- Project setup
  • 1. Project budgets and status management
    • 2. Project types and classes
      - Cost tracking structure
      • 1. Resource allocation
        • 2. Cost categories and cost types
          Topic 2: Reporting and Analysis- Data analysis
          • 1. Financial summarization
            • 2. Performance tracking
              - Standard reporting
              • 1. Cost and budget variance reports
                • 2. Project status reports
                  Topic 3: Project Accounting Setup- Security and access setup
                  • 1. User roles and permissions
                    • 2. Project security settings
                      - System configuration and initialization
                      • 1. Company and module setup
                        • 2. Posting setup and options
                          Topic 4: Billing and Revenue Recognition- Project billing setup
                          • 1. Billing cycles and methods
                            • 2. Invoice generation
                              - Revenue tracking
                              • 1. Project profitability analysis
                                • 2. Revenue recognition rules
                                  Topic 5: Time and Expense Management- Expense processing
                                  • 1. Reimbursement and posting
                                    • 2. Expense entry workflows
                                      - Time entry processing
                                      • 1. Timesheet entry and approval
                                        • 2. Labor cost allocation

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