Oracle Project Essentials 1Z0-511

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Project Foundation: Implementation Options

• Configure System Implementation Options
• Set up Currency Options
• Describe the use and implementation of Periods and Calendars
• Describe the use and functioning of People and Roles
• Choose Project Structures
• Describe the uses and implementation of Project Types and Project Templates

Project Foundation: Fundamentals

• Explain Project and Task Fundamentals
• Create Organizations
• Use Rates
• Describe the use and implementation of User-Defined Attributes
• Describe the use and implementation of Project and Organization Security
• Integrate with other Oracle Applications
• Describe the use and functioning of Organization Forecasting

Project Costing: Implementation Options

• Define Expenditure and Revenue Categories
• Define Expenditure Types
• Describe the use and implementation of Transaction Controls
• Perform Accounting for Costs: SLA vs AA
• Describe the use and functioning of Transaction Sources

Project Costing: Fundamentals

• Describe the use and implementation of Allocations
• Utilize Cross Charges
• Use Burden Costing
• Set up Labor and Non-Labor Costing
• Describe the use and functioning of Preapproved Expenditure Batches
• Describe the use and implementation of Expenditure Adjustments
• Utilize Cost Budgets
• Explain Budgetary Controls and Budget Integration
• Create Asset Capitalization
• Integrate with other Applications

Project Billing: Implementation Options

• Configure Multi-Currency Billing
• Perform Accounting for Revenue and Billing
• Describe the use and functioning of Inter Project Billing
• Set up Customer Billing Retention
• Describe the use and functioning of Intercompany Billing

Project Billing: Fundamentals

• Configure Agreements and Funding
• Describe the purposes and implementation of Revenue Budgets
• Use Projects Revenue
• Perform Invoicing
• Describe the use and implementation of Events
• Set up Contract Projects
• Describe the use and functioning of Billing Extensions
• Integrate with other Applications

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