Understanding of functional and technical aspects of Portfolio Management
- Use configurable workflows to manage your proposed project intake
- Explain how Project Portfolio Management Cloud and other Oracle applications coexist
- Use key components within Project Portfolio Management Cloud and see how they're integrated
- Track the state of activities and communicate the latest performance results of your investments
- Prioritize investments with strong business case justification
- Navigate within the Project Portfolio Management Cloud solution product
- 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
- Propose initiatives that align with the organization's strategy and mission
- Understand the Project Portfolio Management Cloud solution
- Use key features and functionalities offered by specific modules within Oracle PPM Cloud
- Clarify key strategic objectives by presenting them in measurable ways
- See how Project Management, Project Resource Management, Project Controls, Project Costing, Project Billing, Task Management, and Grants Management work together
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Understanding of functional and technical aspects of Performace management
- Understand and configure performance notifications
- Configure talent review dashboard options
- Understand and configure performance setup options
- Review an action plan
- Manage talent review data
- Conduct a talent review
- Understand and build performance template sections
- Understand and manage performance roles
- Understand and implement performance document approvals
- Understand and configure worker performance objectives
- Understand and explain performance documents
- Understand and evaluate goals and competencies
- Understand and set goals and competencies in a performance document
- Perform talent search and profile comparisons
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
Reference: https://education.oracle.com/oracle-project-portfolio-management-cloud-2019-implementation-essentials/pexam_1Z0-1057
Oracle 1Z1-1057 Exam Syllabus Topics:
| Section | Objectives |
| Topic 1: Resource Management | - Resource pools and assignments
- Capacity planning
|
| Topic 2: Oracle Project Portfolio Management Cloud Overview | - PPM Cloud architecture and key components
- Business processes and implementation scope
|
| Topic 3: Project Execution and Monitoring | - Performance tracking and KPIs
- Project lifecycle management
|
| Topic 4: Project Billing and Revenue | - Revenue recognition concepts
- Contract billing setup
|
| Topic 5: Reporting and Analytics | - OTBI and analytics usage
- Project financial reporting
|
| Topic 6: Security and Integration | - Integration with other Oracle Cloud modules
- Roles and data security
|
| Topic 7: Project Foundation Setup | - Enterprise structures and setups
- Project organizations and roles
|
| Topic 8: Project Costing and Control | - Expenditure management
- Costing configurations
- Budgeting and forecasting
|