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Introduction to Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20

An Oracle Project Management Cloud Certification credential provides a strong foundation and expertise in selling or implementing Project Management Cloud.

Oracle Risk Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam is designed for candidates who have knowledge and skills in risk management implementation or candidates who willing to have a strong understanding of risk management, financial reporting can go ahead and appear for this exam. Empower your project teams to deeply understand rapidly building project plans, managing project resources, managing project costs and revenue, tracking project progress and project performance by using the Oracle PPM Cloud solution. You'll walk away with a firm grasp of how the built-in co-existence capabilities let you leverage other Oracle project management or financial management solutions your organization uses. Gain further insight into the various reporting solutions your teams can use to do their jobs more efficiently.

Project team members need to collaborate with the project manager to develop the plan, identifying new work for themselves or for others, or provide refined work estimates which the project manager can incorporate, for an up-to-the-minute plan. And collaboration with others is in the context of their tasks, through real-time embedded conversations, so team members don't lose time searching for that instant message, email thread, or document associated with the work.

Oracle's solutions work together for comprehensive project cost management, project contract billing and accounting, and project and resource management. Oracle PPM Cloud is fully integrated with Financials, Procurement, Enterprise Contracts and Human Capital Management to ensure end-to-end global business process support, with Oracle Product Lifecycle Management Cloud to support product development projects, and with Oracle Sourcing Cloud to enable strategic sourcing. With Oracle PPM Cloud you can reduce processing time, eliminate integration costs, deliver projects sooner and close the books faster.

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Oracle 1Z1-1057 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Explain Common Project Configuration In Project Performance Management
  • Configure Project Cost Collection Center
Topic 2
  • Describe The Business Processes That Are Supported By Approvals And Workflows
  • Describe The Functional Setup Manager
Topic 3
  • Configure Integration Options
  • Manage Subledger Accounting
  • Describe Integration Methods
Topic 4
  • Explain Action Controls (Microsoft Project Integration)
  • Project Portfolio Management Overview
Topic 5
  • Describe Financial Plans Vs Project Plans
  • Set Up Enterprise Structures Units
  • Configure Common Applications
Topic 6
  • Configure Project Cross Charging And Transfer Pricing
  • Describe Oracle Transactional Business Intelligence (OTBI)
Topic 7
  • Configure The Resource Breakdown Structure
  • Configure Project Performance Reporting
Topic 8
  • Describe Common Project Execution Components
  • Use Application Composer For Project Execution Managment
Topic 9
  • Manage Project Statuses
  • Manage Roles And Duties
  • Manage Project Resources
  • Describe Project Types
Topic 10
  • Configure The Project Contract Model
  • Configure Social Network For Project Execution
Topic 11
  • Set Up Talent Profile Content
  • Set Up Transaction Sources
  • Describe Project Templates
Topic 12
  • Explain Additional Descriptive Flex Fields
  • Configure Project Management
  • Common Project Configuration
Topic 13
  • Configure Project Resource Management
  • Set Up Project Budgets And Forecasts
  • Manage Reference Data Sharing
Topic 14
  • Describe Borrowed And Lent Vs Intercompany
  • Interproject Billing, Set Up Approval And Notification Tasks
Topic 15
  • Describe The Components Of Oracle Cloud Project Portfolio Management
  • Setup Types And Categorizations
Topic 16
  • Applications Security Overview
  • Configure Project Foundation
  • Configure Project Control
Topic 17
  • Configure Key Performance Indicators For Project Performance Reporting
  • Describe The Applications Security Console
Topic 18
  • Explain Revenue Accounting In Revenue Management Cloud
  • Configure Time & Labor For Projects
Topic 19
  • Explain The Components Available For Integration
  • Set Up Project Calendars And Periods
Topic 20
  • Describe Navigation, User Experience And Personalization Concepts
  • Navigation, User Experience, And Personalization
Topic 21
  • Set Up Project Enterprise Structures
  • Manage Burdening Schedules
  • Describe Budgetary Controls

Reference: https://education.oracle.com/oracle-project-portfolio-management-cloud-2019-implementation-essentials/pexam_1Z0-1057

Understanding of functional and technical aspects of Portfolio Management

  • Adjust course as a result of portfolio reviews-increasing, decreasing, or withdrawing investment funding where appropriate
  • Understand the Project Portfolio Management Cloud solution
  • Explain how Project Portfolio Management Cloud and other Oracle applications coexist
  • See how Project Management, Project Resource Management, Project Controls, Project Costing, Project Billing, Task Management, and Grants Management work together
  • Use configurable workflows to manage your proposed project intake
  • Clarify key strategic objectives by presenting them in measurable ways
  • Propose initiatives that align with the organization's strategy and mission
  • Use key features and functionalities offered by specific modules within Oracle PPM Cloud
  • Navigate within the Project Portfolio Management Cloud solution product
  • Track the state of activities and communicate the latest performance results of your investments
  • Use key components within Project Portfolio Management Cloud and see how they're integrated
  • Review portfolio performance in real time and compare current to past or future data to identify investment gaps and potential problems
  • Prioritize investments with strong business case justification

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