1Z0-511: Oracle E-Business Suite R12 Project Essentials Exam

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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