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Understanding of functional and technical aspects of Configure Common Applications

  • Create custom duty roles
  • Implement all Oracle Fusion applications through a standard and consistent process
  • Create custom job and abstract roles
  • Facilitating local compliance
  • Validate setup by reviewing setup data reports
  • Minimizing the enterprise's tax liability
  • Export and import data from one instance to another for rapid setup
  • Get complete visibility to setup requirements through guided, sequential task lists downloadable into Excel for project planning
  • Review the role hierarchy of a job or abstract role
  • Preparing for acquisitions or disposals of parts of the enterprise
  • Manage the duties of a custom job or abstract role
  • Enter setup data through easy-to-use user interfaces available directly from the task lists
  • Configure Oracle Fusion applications to match your business needs
  • Isolating one area of the business from risks in another area
  • Learn about and analyze implementation requirements
  • View the roles assigned to a user and list the users who have a specific role
  • Review the duties of a job or abstract role

Understanding of functional and technical aspects of Project Management Cloud solution

  • Describe Objects
  • Design Perspectives, both as it relates to security and reporting
  • Understanding of collaborative project planning and scheduling
  • Understanding of embedded social collaboration tools
  • Understanding of role-based dashboards push exceptions and work to users
  • Understanding of real-time social task management for team members
  • Plan to gather information for the implementation
  • Understanding of embedded transactional intelligence guides business users' decisions
  • Understanding of best-in-class project financials
  • Understanding of modular, easy to adopt project execution solution
  • Understanding of integrated across the enterprise from opportunity to close-out
  • Understanding of mobile solutions for the project team
  • Understanding of project resource management for best-fit resources on the right projects
  • Understanding of trends and historical analysis for project key performance indicators
  • Understanding of modern, end-to-end enterprise PPM for a single source of project truth
  • Implement the Best Practice Process
  • Describe Project Management
  • Describe Financial Reporting Compliance

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

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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Understanding of functional and technical aspects of administering and managing your application

  • Describe Coexistence of other applications with Project Portfolio Management Cloud
  • Use the reporting tools like OTBI and Smart view for project related reports
  • Understanding of Project Resource Management Solution
  • Introduction to Oracle Project Portfolio Management Cloud
  • Explain File Based Data Imports in Oracle PPM Cloud
  • Understanding of Grants Management Solution
  • Introduction to Oracle Transactional Business Intelligence
  • Understanding of Project Costing and Billing Solution
  • Understanding of Task Management Solution
  • Present overview of Project Performance Reporting in Oracle PPM
  • Present an Overview of different modules within Oracle PPM Cloud
  • Understanding of Project Control Solution
  • Explain User Interface and key components in Oracle PPM Cloud
  • Demonstrate out of box reporting capabilities of Oracle PPM
  • Explain Webservices in Oracle PPM cloud
  • Understanding of Project Management Solution
  • Describes, how various modules are integrated with each other within Oracle PPM Cloud
  • Understanding of Oracle Project Portfolio Management Solution
  • Describe Basic Navigations in Oracle PPM Cloud

Oracle 1Z1-1057 Exam Syllabus Topics:

SectionWeightObjectives
Project Financial Management25%- Project Costing
  • 1. Cost Collection and Processing
  • 2. Cost Allocation
  • 3. Expenditure Types
- Project Billing
  • 1. Revenue Recognition
  • 2. Invoice Generation
  • 3. Contract Creation
Project Portfolio Management15%- Portfolio Planning
  • 1. Scenario Analysis
  • 2. Portfolio Proposals
- Investment Prioritization
  • 1. Strategic Alignment
  • 2. Portfolio Balancing
Project Foundation Setup10%- Functional Setup Manager
  • 1. Offerings and Functional Areas
  • 2. Implementation Projects
- Enterprise Structures
  • 1. Legal Entities
  • 2. Reference Data Sets
  • 3. Business Units
Project Resource Management15%- Resource Structures
  • 1. Resource Pools
  • 2. Resource Requests
- Resource Assignment
  • 1. Scheduling Resources
  • 2. Utilization Management
Project Execution Management20%- Project Control
  • 1. Progress Tracking
  • 2. Performance Reporting
- Project Planning
  • 1. Work Plans
  • 2. Financial Plans
  • 3. Budgets and Forecasts
Reporting and Analytics15%- Project Reporting
  • 1. Dashboard Configuration
  • 2. OTBI Reporting
- Performance Analytics
  • 1. Project Performance Insights
  • 2. KPI Monitoring

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