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Microsoft Dynamics CRM (Archived)

Preparing for MB2-704 exam?

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Posted on by 80

Hi, all,

I finished viewing video courses on Microsoft Dynamics Learning Portal with quite a mixed result - I got 100% correct answers in some sections and 0% in some other. Perhaps my average is somewhere 60-70%. 

Could you suggest me how best to prepare for the exam within the shortest period. Practice in real CRM is not the best answer - it is already configured and customised so it does not work as shown on the videos. Also, practising in real environment is time consuming (I can sign up for a trial and go around, but it takes to long to learn by own experience).

Could you suggest me some other ways to get ready for the exam?

I am thinking to buy "Microsoft Dynamics CRM 2016 Unleashed", but it has mixed review on Amazon, so I don't know how well it suits for exam preparation. Practice questions - there are too many on the web that I think most are a scam.

And about the actual exam - could you tell me how long it usually is, how many questions? I cannot find this information on MS website, even on Learning Portal. I also hoped to find there some mock exam and additional training material, but there is nothing but video training sessions

Thanks a lot

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  • Suggested answer
    razdynamics Profile Picture
    17,308 User Group Leader on at

    Hi Omega, If you have access to the dynamics learning portal and still didn't pass, then what your missing is practical experience. As Many people dont even have access to the learning portal  but passed as the exams are now focused on practical knowledge rather than theory,  so you really do need to spin up a trial and practice. also the following list will help you focus on what you need to practice that should help you pass;

    Apply sales management concepts (10–15%)

    Work with customers •Identify customers who would benefit from sales management, identify core record types, describe how core record types are used in sales management, create and maintain customer records

    Manage sales operations •Create, maintain and use sales literature; create and maintain competitors; create and maintain sales territories; configure multiple currencies

    Understand social listening •Identify social media channels, create and run search to listen for keywords, create an alert, determine where social insights can be added

    Manage leads and opportunities (10–15%)

    Work with leads •Determine when to use leads and opportunities, create and maintain leads, qualify and disqualify leads, convert email messages to leads, describe stages and steps in the lead process ribbon, describe the lead conversion process

    Create opportunities •Create and maintain opportunities, convert activities and leads to opportunities, evaluate when to use system-calculated or user-provided values for revenue fields, describe stages and steps in the opportunity process ribbon

    Manage opportunities •Close opportunities; view resolution activities; work with opportunity views; create and maintain opportunity connections; add post, activities and notes in the collaboration pane; assign ownership of opportunity records to users or teams; add sales teams to opportunity records

    Process sales (10–15%)

    Manage the product catalogue •Create unit groups, create products and add them to the product catalogue, create price lists, create tailored price lists, create product kits and product bundles, group products by using product families, view product relationships by using hierarchy visualisation, manage multiple currencies

    Work with opportunities and quotes •Add opportunity products, capture product properties, suggest cross-sell and up-sell products, create new quotes, create a quote from an opportunity, activate and revise quotes, determine the impact of different currencies on price calculations and price lists

    Work with orders and invoices •Create new orders; create new invoices; convert a quote to an order to an invoice; identify quote status changes; select alternative price lists with opportunities, quotes, orders or invoice records

    Analyse reports and sales (10–15%)

    Manage sales metrics and goals •Define goal metric records; configure fiscal periods; define goal records; describe target, actual and in-progress values for goal records; describe how to recalculate goals; describe a rollup query

    Work with reports and views •Build reports with Report Wizard; identify report outputs; export information to Microsoft Excel; differentiate between features of static and dynamic view exports to Excel; work with Advanced Find; share dashboards, charts and Advanced Find queries

    Work with charts and dashboards •Create, configure and share personal charts; create, configure and publish system charts; create new system dashboards; describe uses of web resources and IFrames; differentiate between personal and system dashboards, charts and views

    Apply service management (10–15%)

    Work with service management •Identify customers who would benefit from service management, identify core record types, describe how core record types are used in service management

    Work with business process flows •Describe the purpose of business process flow in service management, identify what can be done programmatically in a business process flow, describe the rules-based branching feature of business process flow

    Configure service management •Create case routing rules, create automatic case creation rules, create and maintain the subject tree, configure parent-child case settings

    Manage service cases (10–15%)

    Work with cases •Identify case lists and views, describe steps in automated case creation, identify benefits of case hierarchy, search for cases

    Create cases •Identify ways to create new cases; create new case record; convert activity records to cases; create parent-child cases; identify case relationships; add posts, activities and notes in the collaboration pane

    Maintain cases •Describe stages and steps in the case process ribbon; identify actions that can be taken on a case; merge cases; cancel, delete, resolve and reactivate cases; apply routing rules to cases

    Work with the Knowledge Base •Search for Knowledge Base articles; create and maintain article templates; create, approve and publish articles; search articles from case records; associate articles to a case; send Knowledge Base articles

    Use queues •Differentiate between system and personal queues, create and maintain queues, assign cases and activities to queues, work with queue items, describe the process of working with queues, describe how case routing rules apply to queues

    Manage contracts and entitlements (10–15%)

    Work with entitlements •Create entitlement templates, create entitlements for a customer, add entitlement lines and associate with products, identify channels supported for entitlements, identify when case entitlements decrement and increment, describe the entitlement life cycle

    Work with service level agreements (SLAs) •Identify SLA tracking KPIs and indicators, create a service level agreement, create SLA items, associate a service level agreement with an entitlement, describe the purpose of the timer control on the case form, configure service system settings for SLAs

    Work with service scheduling (10–15%)

    Service scheduling concepts •Identify customers who would benefit from service scheduling functionality, define service scheduling terminology, identify service scheduling process flow

    Manage service scheduling operations •Configure work hours for users and facilities/equipment, limit a resource’s availability, create resource groups, create a site and associate resources with it, create customer service schedules, create holiday schedules

    Maintain services and capacity planning •Define capacity planning, create a new service record, add a selection rule for required users and resources, configure account and contact service preferences, create a service with a same-site selection rule

    Schedule service activities •Schedule a service activity in the Service Calendar, schedule specific resources by using the scheduling engine, schedule a service activity with same site rules, reschedule service activities, change the status of service activities, display and resolve scheduling conflicts

    Analyse and report on service management (5–10%)

    Manage service metrics and goals •Identify typical service goals and metrics, create a monthly metric and goal for case records, describe steps for adding a Target-In-Progress-Actual chart to the service dashboard

    Work with service management reports •Identify key features and uses of the Service Activity Volume report, evaluate which service management report is best used in a given situation, identify key features and uses of the Case Summary Table report

    Work with charts and dashboards •Identify service management system dashboards, create a personal service dashboard, create a system chart for service management

    www.microsoft.com/.../exam-mb2-704.aspx

    Hope that helps...good luck :)

  • Emil Bakeev Profile Picture
    80 on at

    Oh, sorry - found additional information in "Course Documents". However, it still seems to be quite short.

  • Emil Bakeev Profile Picture
    80 on at

    Thank you, Raz, for the answer. However, I would not want to do the test before knowing that I am ready. I tend to over-prepare, which wastes time. I understand all points you listed here from MB2-704 exam, but cannot tell if my knowledge is enough for the exam.

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