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We're here to help you find itThe Fundamentals of Project Management & Accounting Microsoft Dynamics 365 certification pertains to an individual's understanding of Microsoft's business management solution. It embodies knowledge in project management principles, project accounting, project costing, and reporting. Industries use this certification to validate a candidate's mastery in managing business processes, tasks, and cost, aligning with their own project management objectives using Microsoft's tool. This know-how is crucial for industries seeking to streamline their operations, budget control, productivity, and overall project delivery. By implying a certified professional's engagement, organizations take advantage of the tool’s end-to-end project and resource management features.
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♱ Excluding VAT/GST
Classroom Training price is on request
You can request classroom training in any city on any date by Requesting More Information
This course requires basic knowledge of financial accounting, basic Project Management concepts, and a working knowledge of Microsoft applications such as Microsoft Excel, Word, and Outlook. It is recommended that learners have prior experience with a basic familiarity of CRM software such as Microsoft Dynamics 365 for Customer Engagement and a basic understanding of financial and Project Management concepts.
Project management principles govern how to efficiently lead projects from inception to completion. They encompass planning, executing, controlling, and closing projects by defining clear goals, timelines, and resource allocations. Fundamentals of project management involve understanding the scope, maintaining effective communication among stakeholders, managing risks, and ensuring project deliverables align with organizational goals. Key techniques include organizing tasks, using tools like MS Project for scheduling, and adapting to changes and challenges. Effective project management results in meeting or exceeding stakeholder expectations, timely delivery, and staying within budget constraints.
Project accounting is a specialized branch of accounting that focuses on tracking the financial progress of individual projects within a company. It allows businesses to monitor budgets, manage expenses, and ensure profitability on a project-by-project basis. This form of accounting is crucial for effective project management, ensuring that every dollar spent is aligned with project goals. Dynamics 365 accounting integrates seamlessly with project management tools to enhance these capabilities, providing real-time financial insights and improving decision-making for managers.
Project costing is a fundamental aspect of project management that involves estimating, allocating, and controlling the costs associated with a project. This process ensures that the project can be completed within the approved budget, helping organizations manage their financial resources effectively. Effective project costing includes planning for direct costs like labor and materials, indirect costs such as overheads, and potential risks that might impact the budget. Using tools like Microsoft Dynamics 365 for accounting can streamline this process, providing real-time financial reporting and analytics to keep projects on track financially.
Technical Topic: Reporting to a Professional
Reporting to a professional involves regularly communicating information, updates, and insights to a supervisor or key stakeholders in an organization. This process is fundamental in maintaining transparency, aligning on goals, and aiding strategic decision-making. Effective reporting includes presenting clear, concise data, often incorporating project management principles and tools, and demonstrating an understanding of any relevant data, such as financial reports generated by accounting software like Dynamics 365 Accounting. It's also crucial to tailor the communication style and content to suit the audience's expertise and needs.
End-to-end project and resource management features allow you to oversee a project from initiation to completion, integrating tools like Microsoft Dynamics 365 and MS Project. Fundamentals of project management are applied to map out project tasks, allocate resources, and monitor progress. Dynamics 365 accounting supports this by tracking project costs and budgets efficiently. With these features, managers can ensure projects are delivered on time, within budget, and with the required quality, by leveraging detailed insights and analytics from start to finish.
