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Oracle 1Z0-1057: Oracle Project Portfolio Management Cloud 2019 Implementation Essentials

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Reading Time: 9 mins | Publish Date: 9 Mar 2024 | Update Date: 16 Mar 2024

How to Prepare For Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam

Preparation Guide for Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam

Introduction

Oracle offers the most encompassing, up-to-date, and sought after global training and certification program for IT professionals. Certification is evidence of your skills, expertise in those areas in which you like to work. If the candidate wants to work on 1z0-1057-20 and prove his knowledge, Certification offered by Oracle. This 1z0-1057-20 Certification helps a candidate to validates his skills in risk management implementation, data Migration, Financial reporting. The exam consists of questions that will help in your preparation to obtain a Oracle Project Management Cloud Implementation Specialist certification credential.

Oracle Project Management Cloud is a complete and integrated solution which dramatically improves the way project-driven organizations work, enabling efficient and effective project management while ensuring smarter business decisions based on a single source of project truth. Project professionals benefit from its ground-up design to keep pace, keep score, and deliver extraordinary business and project insight. Mobile and embedded social capabilities ensure consistent communication in a secure, collaborative, team-based environment, for project delivery success. Get integrated project management suite that is designed to automate, streamline, and control project financial and project execution management processes end-to-end. Oracle PM Cloud transforms process automation and information access to simplify controls, increase productivity and improve business decisions. The result is a fully integrated and automated solution, designed to improve the way project-centric organizations work, from the project executive and business stakeholder, to the project manager, resource manager and the project team member

Certification Path

Passing Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam will let you get the certification title of Oracle Talent Management Cloud 2020 Certified Implementation Specialist

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.

Topics of Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam

  • Project Portfolio Management overview
  • Applications Security Overview
  • Configure Common Applications
  • Configure Project Foundation
  • Configure Project Control
  • Configure Project Performance Reporting
  • Project Reporting
  • Navigation, User Experience, and Personalization
  • Functional Setup Manager
  • Common Project configuration
  • Configure Project Costing
  • Configure Project Billing
  • Configure Project Resource Management

These are discussed below.

Understanding of functional and technical aspects of Project Management Cloud solution

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

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

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

Understanding of functional and technical aspects of Portfolio Management

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

Understanding of functional and technical aspects of Configure Common Applications

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

Understanding of functional and technical aspects of Performace management

  • Understand and explain performance documents
  • Understand and set goals and competencies in a performance document
  • Understand and evaluate goals and competencies
  • Understand and configure worker performance objectives
  • Understand and configure performance setup options
  • Understand and manage performance roles
  • Understand and build performance template sections
  • Understand and implement performance document approvals
  • Understand and configure performance notifications
  • Configure talent review dashboard options
  • Conduct a talent review
  • Manage talent review data
  • Review an action plan
  • Perform talent search and profile comparisons

Who should take the Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam

The 1z0-1057-20 Exam is ideal for those technical professionals who want to accelerate their knowledge in the project management and implementation. An Oracle Project Management Cloud 2020 Certified Implementation Specialist possess a strong foundation and expertise in selling or implementing Oracle Project Management Cloud solutions. This certification exam covers topics such as: Common Project Configuration, Project Foundation, Project Costing, Project Billing, Project Reporting, and Project resource management. Up-to-date training and field experience are recommended.

What does Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam cost

The price of the racle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 exam is $245 USD, for more information related to exam price please visit to Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 as prices of these exams fees get varied country wise.

The 1z0-1057-20 Certification is basic level certification organized by Oracle mainly focussing on project management skillset. There is no prerequisite for this exam.

How to book the Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam

These are the following steps to register for the Aracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam.

How to book Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam

The registration for the 1z0-1058-20 Exam, please follows the steps given below:

  • Step 1: Visit the Pearsonvue-Website
  • Step 2: Through Pearson VUE’s scheduling platform, you will be able to choose a test center, time, and date
  • Step 3: Search for the 1z0-1058-20 Exam and purchase the exam by making payment using a credit/debit card

What is the duration, language, and format of Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam

  • Format: Multiple choices
  • Length of Examination: 85 minutes
  • Number of Questions: 55
  • Passing score: 60%
  • Language: English (U.S.)

What is Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam Certified Professional salary

The average salary of a Oracle Certified Expert is

  • United State - 70,247 USD
  • India - 15,42,327 INR
  • Europe - 60,347 EURO
  • England - 60,632 POUND

The benefit of obtaining the Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam Certification

Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 certification provides a strong foundation and expertise in selling or implementing Project Management Cloud.

Difficulty in Attempting Oracle Project Management Cloud 2020 Implementation Essentials 1z0-1057-20 Exam

If the user has successfully passed the 1z0-1057 practice exam and has been through 1z0-1057 dumps then the certification exam will not be too much difficult as the user has shown aptitude for understanding complicated processes.

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