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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

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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

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

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

These are discussed below.

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

• 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
• Use configurable workflows to manage your proposed project intake
• Explain how Project Portfolio Management Cloud and other Oracle applications coexist
• Clarify key strategic objectives by presenting them in measurable ways
• Understand the Project Portfolio Management Cloud solution
• Adjust course as a result of portfolio reviews-increasing, decreasing, or withdrawing investment funding where appropriate
• 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
• 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
• Track the state of activities and communicate the latest performance results of your investments

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