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Microsoft MB3-860 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Project Setup and Configuration | 25% | - Project Cards and Classifications - Project Budgets and Forecasts - Cost Categories and Cost Types - Billing Rules and Rate Structures |
| Topic 2: Project Transactions and Cost Management | 30% | - Equipment and Labor Cost Posting - Time and Expense Entry - Material Usage and Inventory Allocation - Cost Accrual and Adjustments |
| Topic 3: Project Reporting and Closing | 20% | - Project Closing Procedures - Project Status and Profitability Reports - Work in Progress (WIP) Management - Integration with General Ledger |
| Topic 4: Project Billing and Revenue Recognition | 25% | - Invoice Generation and Posting - Revenue Recognition Methods - Fixed Price and Time & Materials Billing - Retention and Progress Billing |
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