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Understanding of functional and technical aspects of Project Management Cloud solution

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

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

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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.

Understanding of functional and technical aspects of Portfolio Management

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

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Oracle 1Z1-1057 Exam Syllabus Topics:

SectionWeightObjectives
Project Resource Management15%- Enterprise labor resources
- Resource pools and fulfillment
- Talent profile and capacity planning
Project Control and Execution15%- Microsoft Project integration
- Resource Breakdown Structure
- Project templates and plan types
Functional Setup Manager10%- Rapid Implementation Workbook
- Implementation projects and offerings
- Managing setup data
Project Financial Management25%- Billing and revenue recognition
- Burdening, allocations, and capitalization
- Budgeting, forecasting, and financial plans
- Project costing and cost collection
Project Performance Reporting10%- OTBI reporting and analytics
- Key performance indicators configuration
Applications Security10%- Applications Security Console
- Seeded security roles and duties
- Role management and configuration
Project Portfolio Management Overview10%- Navigation, user experience, and personalization
- Components of Oracle Cloud Project Portfolio Management
- Integration components and capabilities
Enterprise Structures and Common Configuration10%- Reference data sets and sharing
- Legal entities and business units
- Subledger accounting setup
Project Foundation15%- Transaction sources and statuses
- Project calendars and periods
- Project types, categories, and classifications

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