1Z0-511: Oracle E-Business Suite R12 Project Essentials Exam is
very essential for the information technology professionals, the registration
of this exam can be done either by phone or online. The exam fee is two hundred
and forty five dollars. Exam is given to the applicants for a time period of
one hundred and twenty minutes where the applicants have to solve seventy
questions. The passing score for this exam is sixty three percent below which
the applicants will be considered as failure hence they will have to reappear
for the exam. After passing the exam, the applicants gain the title of Oracle
E-Business Suite R12.1 Projects Certified Implementation Specialist and OPN
Certified Specialist.
1Z0-511: Oracle E-Business Suite R12 Project Essentials Exam validates
the skills and knowledge of the applicants on the following product that
includes important topics that are given here along with their objectives.
The first topic is called
Projects Foundation: Implementation Options where the applicants here learn
about the task of configuration and description that are given as, System
implementation Options, Set up Currency Option, the use and implementation of
Periods and Calendars, the use and functions of People and Roles, Project
Structures and the uses and implementation of Project Types and Project
Templates.
Projects Foundation:
Fundamentals cover the second topic of the exam that include the learning of
Project and Task Fundamentals, Organizations, Use Rates, implementation of
Project and Organization Security, Integrate with other Oracle Applications and
the use and functioning of Organization Forecasting.
Projects Costing:
Implementation Options is the 1Z0-511: Oracle E-Business
Suite R12 Project Essentials Exam third topic that includes the definitions
of, Expenditure and Revenue Categories, Expenditure Types, the use and
implementation of Transaction Controls, Accounting for Costs: SLA vs AA and the
use and functioning of Transaction Sources.
Projects Costing: Fundamentals
involves the learning of the use and implementation of Allocations, Cross
Charges, Burden Costing, Set Up Labor and Non-Labor Costing, the use and
implementation of Expenditure Adjustments, Utilize Cost Budgets, Budgetary
Controls and Budget Integration, Asset Capitalization and Integrate with other
Applications which is a very important topic.
Projects Billing
Implementation Options is another significant topic that covers those
objectives of Multi Currency Billing, Accounting for Revenue and Billing, also
the use and functioning of the Inter Project Billing, Customer Billing
Retention and the use and functioning of Intercompany Billing.
Projects Billing: Fundamentals
analysis the basic topics in the exam that consist of the learning of
Agreements and Funding, the purposes and implementation of Revenue Budgets,
Projects Revenue, Perform Invoicing, the purposes and implementation of Revenue
Budgets, the use and implementation of Events, Set Up Contract Projects and
functioning of Billing Extensions with 1Z0-511:
Oracle E-Business Suite R12 Project Essentials Exam other Applications.
For the practice of the
contents of the 1Z0-511: Oracle
E-Business Suite R12 Project Essentials Exam the vendor provides the
applicants with the following recommended training that includes, Oracle
E-Business Suite R12 Projects Implementation Exam Study Guide (PDF), OPN Boot
Camp, Oracle E-Business Suite R12.1 and Projects Essentials Implementation.
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