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Microsoft MB5-504 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Project Life Cycle Management | - Project creation and structuring - Work Breakdown Structure (WBS) |
| Topic 2: Project Budgeting and Forecasting | - Budget creation and control - Forecasting project costs and revenue |
| Topic 3: Time and Expense Management | - Timesheet entry and approval - Expense reporting and posting |
| Topic 4: Project Accounting Setup | - Project parameters and configuration - Chart of accounts integration |
| Topic 5: Project Billing and Revenue Recognition | - Customer invoicing for projects - Revenue recognition rules and methods |
| Topic 6: Project Costing and Control | - Variance analysis - Cost tracking and analysis |
| Topic 7: Reporting and Analysis | - Project financial reporting - Performance analysis |


