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Understanding of functional and technical aspects of Project Management Cloud solution

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

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

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Understanding of functional and technical aspects of Portfolio Management

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

Understanding of functional and technical aspects of Configure Common Applications

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

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Oracle 1Z1-1057 Exam Syllabus Topics:

SectionObjectives
Security and Integration- Roles and data security
- Integration with other Oracle Cloud modules
Project Billing and Revenue- Revenue recognition concepts
- Contract billing setup
Resource Management- Capacity planning
- Resource pools and assignments
Project Foundation Setup- Enterprise structures and setups
- Project organizations and roles
Project Costing and Control- Costing configurations
- Expenditure management
- Budgeting and forecasting
Reporting and Analytics- Project financial reporting
- OTBI and analytics usage
Project Execution and Monitoring- Project lifecycle management
- Performance tracking and KPIs
Oracle Project Portfolio Management Cloud Overview- PPM Cloud architecture and key components
- Business processes and implementation scope

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