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Oracle Fusion Project Portfolio Management 2014 Essentials - Exam Study Guide T

Oracle Fusion Project Portfolio Management 2014 Essentials - Exam Study Guide The Oracle Fusion Project Portfolio Management 2014 Essentials - Exam Study Guide page 2 of 18 Getting Started | Target Audience | Exam Topics | Training Options | Exam Details per Topic | Exam Registration Details | Additional Resources Getting Started The Oracle Fusion Project Portfolio Management 2014 Essentials Exam Study Guide is designed to help you prepare for the Oracle Fusion Project Portfolio Management 2014 Essentials Exam (1Z1-498). Earning this certification helps OPN members differentiate in the marketplace through proven in-depth expertise, and helps their partner company qualify for the Oracle Project Portfolio Management: Oracle Fusion Project Portfolio Management Solutions Specialization. Target Audience The Oracle Fusion Project Portfolio Management 2014 Essentials exam audience defines the type of participants who are likely to pass the exam and targets individuals with a specific level of education & expertise: Job Role:  Business Development or Solution Architect  Solution Consultant transitioning to an Imp. Consultant role  Technical Consultants  Sales Consultants Level of Competency:  Intermediate to advanced domain experience and some awareness of the Fusion Product family.  Strong knowledge of Financial Project Management and cost accounting principles.  Has successfully implemented and/or architected Apps Unlimited solutions for Financial Project Management  3 or more non-Fusion implementations (ideally in the financials and/or project management area) are recommended Exam Topics Oracle Fusion Project Portfolio Management 11g Essentials Exam covers 14 topics: 1. Fusion Project Portfolio Management Overview 2. Oracle Fusion Applications Security Overview 3. Fusion Functional Setup Manager 4. Configure Fusion Common Applications 5. Common Project Configuration 6. Configure Fusion Project Foundation 7. Configure Fusion Project Costing 8. Configure Fusion Project Control 9. Project Integration Gateway 10. Configure Fusion Project Billing 11. Configure Project Performance Reporting 12. Configure Project Templates 13. Project Team Connect 14. Fusion Project Reporting The Oracle Fusion Project Portfolio Management 2014 Essentials - Exam Study Guide page 3 of 18 Getting Started | Target Audience | Exam Topics | Training Options | Exam Details per Topic | Exam Registration Details | Additional Resources Levels of Knowledge Each exam topic contains objectives and each objective is categorized by learner or practitioner level of knowledge. Learner items test foundational grasp and require product comprehension (not recognition or memorization). Example: “When setting up price list modifiers in Advanced Pricing, which three steps must be completed in order to successfully activate surcharge and price break features?” Practitioner items present on-the-job scenarios and require the ability to: integrate and apply knowledge in new contexts, analyze and troubleshoot complex issues, and solve problems. Example: 1) “You are creating price list modifiers in Advanced Pricing. Your customer has three requirements: X, Y, Z. Identify the two steps that must be completed in order to meet those requirements. 2) “You are running a two-instance database with six redo logs defined. You decide to add a third thread to support a third database instance, on the third node of the cluster. Using command line administration, which two commands will you execute to achieve this? Training Options Throughout the study guide each exam topic recommends one or several training formats:  OPN Boot Camps  Online Training  Oracle University Training While the Oracle PartnerNetwork facilitates free access to online training, in class trainings often require a fee. The Oracle Fusion Project Portfolio Management 2014 Essentials - Exam Study Guide page 4 of 18 Getting Started | Target Audience | Exam Topics | Training Options | Exam Details per Topic | Exam Registration Details | Additional Resources Exam Details per Topic This section covers details associated to all exam topics such as: exam topics overview, objectives, levels of knowledge, recommended trainings and sample questions. Specialization exams include all application functionalities not only the most frequently used ones. Topic 1: Overview Objectives Level Describe the components of Oracle Fusion PPM Application Learner Describe the value proposition for Oracle Fusion PPM solution Learner Recommended Training Oracle offers training for a variety of levels, roles and topics. This training is recommended for this topic, along with hands-on experience and other documentation. Some courses may require a fee.  Fusion Applications Foundation: Oracle Fusion Applications Overview (List specific recommended training of your exam) Sample Questions Identify two important aspects that result from the embedded intelligence in Fusion PPM A. Enables project managers to spend time on managing projects and not the data B. Makes project managers focus on well-performing projects C. Identifies processes and transactions that need attention D. Lose insight into budget variances, contractual compliance and billing The Oracle Fusion Project Portfolio Management 2014 Essentials - Exam Study Guide page 5 of 18 Getting Started | Target Audience | Exam Topics | Training Options | Exam Details per Topic | Exam Registration Details | Additional Resources Topic 2: Fusion Applications Security Overview Objectives Level Describe the Fusion Applications security model Learner Manage roles and duties Practitioner Recommended Training Oracle offers training for a variety of levels, roles and topics. This training is recommended for this topic, along with hands-on experience and other documentation. Some courses may require a fee.  Fusion Applications Deep Dive: Implementation and Configuration Considerations - Project Portfolio Management: Project Performance Reporting Tips and Tricks  Fusion Applications Deep Dive: Security for Project Portfolio Management Sample Questions Who has access to view transactional data? A. An implementation user B. A standard user with no employee C. A user tied to a contingent worker D. A standard user tied to an employee The Oracle Fusion Project Portfolio Management 2014 Essentials - Exam Study Guide page 6 of 18 Getting Started | Target Audience | Exam Topics | Training Options | Exam Details per Topic | Exam Registration Details | Additional Resources Topic 3: Fusion Functional Setup Manager Objectives Level Explain the Fusion Functional Setup Manager Learner Manage Implementation Project Practitioner Manage Import and Export Services Practitioner Recommended Training Oracle offers training for a variety of levels, roles and topics. This training is recommended for this topic, along with hands-on experience and other documentation. Some courses may require a fee.  Fusion PPM 11g TOI: Set Up Project Management Sample Questions Identify two true statements regarding the export-import process? A. You can export Tasks alone B. You can export Task List alone C. You can Export Setup Data alone D. You can export Tasks List and Setup Data E. You can export Task and Setup Data The Oracle Fusion Project Portfolio Management 2014 Essentials - Exam Study Guide page 7 of 18 Getting Started | Target Audience | Exam Topics | Training Options | Exam Details per Topic | Exam Registration Details | Additional Resources Topic 4: Configure Fusion Common Applications Objectives Level Explain organizational structures in Fusion Project Performance Management Learner Manage Enterprise Structures Unit Practitioner Manage Reference Data Sharing Practitioner Recommended Training Oracle offers training for a variety of levels, roles and topics. This training is recommended for this topic, along with hands-on experience and other documentation. Some courses may require a fee.  TBD Sample Questions Identify three options that can be enabled in Fusion PPM, when classifying Organization as project and task owning. I. Allow indirect projects J. Allow projects enabled for contracts. K. Allow projects enabled for capitalization L. Allow projects enabled for billing M. Allow projects enabled for burdening The Oracle Fusion Project Portfolio Management 2014 Essentials - Exam Study Guide page 8 of 18 Getting Started | Target Audience | Exam Topics | Training Options | Exam Details per Topic | Exam Registration Details | Additional Resources Topic 5: Common Project Configuration Objectives Level Explain Common Configuration in Fusion Project Performance Learner Manage Subledger Accounting Practitioner Recommended Training Oracle offers training for a variety of levels, roles and topics. This training is recommended for this topic, along with hands-on experience and other documentation. Some courses may require a fee.  Fusion PPM 11g TOI: Set Up Project Management - Define Project Foundation Configuration Sample Questions Identify two duties associated to the project administrator by default, in Budgeting and Forecasting. E. Create versions F. Edit budgets and forecast planning options. G. Submit versions H. Label versions The Oracle Fusion Project Portfolio Management 2014 Essentials - Exam Study Guide page 9 of 18 Getting Started | Target Audience | Exam Topics | Training Options | Exam Details per Topic | Exam Registration Details | Additional Resources Topic 6: Configure Fusion Project Foundation Objectives Levels Define the key concepts of Fusion Foundation Configuration Learner Manage Project Calendars and Periods Practitioner Manage Project Roles Practitioner Manage Project Resources Practitioner Manage Rate Schedules Practitioner Manage Burdening Practitioner Manage Project Types Practitioner Manage Project Cross-Charges Practitioner Manage Action Controls (Microsoft Project Integration) Practitioner Manage Customizations and Extensions for Fusion PPM Practitioner Recommended Training Oracle offers training for a variety of levels, roles and topics. This training is recommended for this topic, along with hands-on experience and other documentation. Some courses may require a fee.  Fusion Applications Deep Dive: Implementation and Configuration Considerations - Project Portfolio Management: uploads/Management/ ppm-exam-study-guide-2015269.pdf