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