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



