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