Software Development & Education Center

Microsoft Dynamics Project Advanced -AX 2012 R2

Course: 80317B

Project Advanced in Microsoft Dynamics AX 2012 R2

About this Course This three-day instructor-led course provides students with the knowledge and skills to set up the advanced features in the Project management and accounting module of Microsoft Dynamics AX. The course focuses on the advanced project functionality available in Microsoft DynamicsAX. Audience Profile This course is intended for people who are on the implementation team, administering or using the Project management and accounting module in Microsoft Dynamics AX. This audience typically includes people who are tasked with assessing business needs and advising them on the use, configuration and customization of the application. Additionally, people responsible for training or supporting Microsoft Dynamics AX may benefit from this course. At Course Completion After completing this course, students will be able to:

Validate projects and validation groups. Use forecast models. Set up project invoicing parameters, funding sources, and funding limits. Describe and run an advanced time and material project. Describe and run an advanced fixed-price project.

Detailed Curriculum

Module 1: Project Validation

This module discusses the project validation system. Lessons

Project Validation Parameters Enable Validation for Workers Validation Groups

Enable Project Assignments

Lab : 1:1

Create a New Validation Group

After completing this module, students will be able to:

Explain project validation. Set up project validation parameters. Enable validation for workers. Set up validation groups. Set up project validation category assignments.

Module 2: Project Forecasting

This module discusses forecasting within the Project management and accounting module. It describes how the concepts are closely linked within this module and how they can be used in all types of projects. Lessons

Forecast Models Enter Forecasts Forecast Scheduling Forecasting Hours

Lab : 2:1

Edit a Forecast

After completing this module, students will be able to:

Use forecast models. Enter forecasts for hours, expenses, fees, items, and on-account payments. Set up forecast scheduling. Define forecasting on hours.

Module 3: Advanced Project Invoicing

This module describes advanced features of project invoicing in the Project management and accounting module of Microsoft Dynamics AX 2012, including funding sources, funding limits, funding rules and allocations. The module also covers grants, which are most often used by the public sector and research facilities. Lessons

Project Invoicing Parameters Funding Sources Funding Limits Funding Rules Fixed-Rate Agreements Grant Management

Lab : 3:1

Manage Contract Funding Sources and Limits

Lab : 3:2

Manage Grants

After completing this module, students will be able to:

Set up project invoicing parameters. Set up funding sources. Set up funding limits. Set up funding rules and allocations. Set up fixed-rate agreements. Manage grants. Approve or revoke invoice proposals.

Module 4: Advanced Internal Project

This module describes the accounting principles involved with running advanced internal projects in the Microsoft Dynamics AX Project management and accounting module. Lessons

Internal Projects with Work in Progress (WIP) Internal Project with WIP Example Investment Projects Investment Project Example

Lab : 4:1

Run an Internal Project with WIP.

Lab : 4:2

Run an Investment Project

After completing this module, students will be able to:

Explain internal projects with WIP. Track the financial effects of an internal project with WIP. Explain investment projects. Track the financial effects of an investment project.

Module 5: Advanced Time and Material Project

This module describes the accounting principles involved with running advanced time and material projects in the Microsoft Dynamics AX Project management and accounting module. Lessons

Time and Material Project with WIP Example: Time and Material Project with WIP Post Costs Form Time and Material Project with Accruals Example: Time and Material Project with Accruals Reversing Accrued Revenue

Lab : 5:1

Run a Time and Material Project with WIP

Lab : 5:2

Using Post Costs

Lab : 5:3

Run a Time and Material Project with Accruals

Lab : 5:4

Reversing Accrued Revenue

After completing this module, students will be able to:

Describe a time and material project with WIP. Run a time and material project with WIP. Describe post costs form. Describe time and material project with accruals. Run a time and material project with accruals. Reversing accrued revenue.

Module 6: Advanced Fixed-Price Projects

This module describes the handling of advanced fixed-price projects. Its main focus is on how to deal with work in process (WIP), and how to use the estimate system for revenue accruals on these projects. Lessons

Completed Contract Assessment Principle Completed Percentage Principle The Estimate Process Period Types Cost Templates Estimate Projects Creating Estimates

Lab : 6:1

Create a Cost Template

Lab : 6:2

Create and Post an Estimate

After completing this module, students will be able to:

Review concepts of fixed-priced projects. Describe the completed contract method. Describe the completed percentage principle. Describe how advanced fixed-price projects are run using the estimate system. Set up estimate period types. Set up cost templates. Set up estimate projects. Use the estimate process.

Module 7: Fixed-Price Project with Completed Contract

This module describes the accounting principles involved with running the advanced fixed-price project with the completed contract method of revenue recognition. Lessons

Fixed-Price Project with Completed Contract Example

Lab : 7:1

Run a Fixed-Price Project with Completed Contract

After completing this module, students will be able to:

Describe the completed contract method for advanced fixed-price projects.

Module 8: Fixed-Price Project with Completed Percentage

This module describes the accounting principles involved with running advanced fixed-price projects with the completed percentage method of revenue recognition.

Lessons

Fixed-Price Project with Completed Percentage and Sales Value Fixed-Price Project with Completed Percentage and Sales Value Example Fixed-Price Project with Completed Percentage and Production Plus (+) Profit Fixed-Price Project with Completed Percentage and Production Plus (+) Profit

Example

Lab : 8:1

Create and Run a Fixed-Price Project Using Completed Percentage

After completing this module, students will be able to:

Describe the completed percentage and sales value method for fixed-price projects. Track the financial effects of a fixed-price project with the completed percentage and

sales value method. Describe the completed percentage and production plus (+) profit method for fixed-

price projects. Track the financial effects of an advanced fixed-price project example using the

completed percentage and production plus (+) profit method.

Industry Interface Program

Projects

Modular Assignments

Mini Projects

1 Major Project

Domains / Industry

Retail Industry

Banking & Finance

Service

E-Commerce

Manufacturing & Production

Web Application Development

Research & Analytics

HR & Consultancy

FMCG

Consumer Electronics

Event Management Industry

Telecom

Training & Performance Tracking

Knowledge related to current technology aspects and corporate level deliverable &

Continuous training and assessment to make you industry ready. Throughout the Training

Curriculum Candidate will go through a Scheduled Assessment Process as below:

Continues Assessments

Practical Workshops

Modular Assignments

Case Studies & Analysis

Presentations (Latest Trends & Technologies)

Tech Seminars

Technical Viva

Observing live Models of various projects

Domain Specific Industry Projects

Skills Development Workshop

Communication is something which all of us do from the very first day of our life, yet there is

a question that haunts us most of the time “Did I express myself correctly in such and such

situation?” The answer to this question is really tricky, because in some cases we leave our

signatures and good impression but in some others we even fail to get our idea clearly. It

happens mostly because we don’t know how to act in certain situations. Every time we fail

we don’t lose completely, we do learn something, but prior knowledge of the same thing

could be more beneficial because then we could have turned that failure into success.

The course / workshop would focus at many aspects of personality, like:

Building positive relationships with peers & seniors

Building self-confidence & Developing clear communication skills

Exploring and working on factors that help or hinder effective interpersonal

communication

Learning impacts of non-verbal behavior & Dealing with difficult situations and

difficult people

Workshops Consists of Following Activities:

Personality Development

Group Discussions & Debates

Seminars & Presentations

Case Studies & Analysis

Corporate Communication Development

HR & Interview Skills

Management Games & Simulations

Aptitude, Logical & Reasoning Assessments & Development