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Oracle 1z1-964 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Project Portfolio Management Cloud 2017 Implementation Essentials |
| Exam Number: | 1Z0-964 |
| Real Exam Qty: | About 90–100 |
| Exam Format: | Multiple Choice |
| Exam Price: | USD 245 (standard Oracle certification exam fee) |
| Passing Score: | 800 (on a scale where 1000 is typical) |
| Related Certifications: | Oracle Project Portfolio Management Cloud 2017 Certified Implementation Specialist |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Sample Questions: |  |
| Exam Way: | Delivered via Pearson VUE (onsite or online proctored) |
| Pre Condition: | Familiarity with Oracle Fusion Cloud concepts and PPM functional setup recommended |
| Official Syllabus URL: | https://education.oracle.com/exam_test?exam=1Z0-964 |
Oracle 1z1-964 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Project Billing and Revenue Recognition | - Project contract model and invoicing - Revenue recognition and billing controls |
| Topic 2: Fusion Project Portfolio Management Overview | - Explain integration components - Describe the components of Oracle Cloud Project Portfolio Management |
| Topic 3: Project Configuration and Foundation | - Project calendars, roles, types and statuses - Organizational structures and reference data |
| Topic 4: Project Costing | - Burdening schedules and allocations - Budgetary controls and cost integration |
| Topic 5: Project Resource Management | - Resource pools and talent profiles - Enterprise labor resources configuration |
| Topic 6: Navigation, User Experience, and Personalization | - Describe business processes supported by workflows - Set up approval/notification tasks |
| Topic 7: Security and Setup Management | - Fusion Functional Setup Manager tasks and roles - Fusion Applications Security Console overview |
| Topic 8: Project Control and Performance | - Resource Breakdown Structures - Budget and forecast setup |
| Topic 9: Project Reporting | - Configure key performance indicators |
What Candidates Ask About Oracle Project Portfolio Management Cloud 2017 Implementation Essentials
Oracle Project Portfolio Management Cloud 2017 Implementation Essentials is an official Oracle exam, registered under exam code 1z1-964. Passing it grants the Oracle Project Portfolio Management Cloud certification, a credential at the Implementation Specialist level. It also relates to Oracle Project Portfolio Management Cloud 2017 Certified Implementation Specialist, giving it value beyond a single title. Qualifications remain the quickest standardized proof of professional skill, and this one carries the vendor's own authority behind it.
The Oracle Project Portfolio Management Cloud 2017 Implementation Essentials exam presents About 90–100 questions across 120 minutes. Attention fades over long stretches, which is exactly why exam pacing deserves deliberate practice: short, focused timed sessions in the TorrentExam test engine teach you to spend your sharpest minutes wisely, flag generously, and never let one question consume the time meant for five.
Official registration for Oracle Project Portfolio Management Cloud 2017 Implementation Essentials costs USD 245 (standard Oracle certification exam fee), with 800 (on a scale where 1000 is typical) needed to pass. Retakes charge the same USD 245 (standard Oracle certification exam fee) in full, so the financially sound move is confirming readiness before you book. Use the TorrentExam practice tests across several spaced sessions; a passing score earned once might be luck, but a passing score earned repeatedly is readiness.
Familiarity with Oracle Fusion Cloud concepts and PPM functional setup recommended
Policies change, so confirm the current requirements before you register through the official exam page.
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Oracle Project Portfolio Management Cloud 2017 Implementation Essentials is structured into 9 official domains. The leading ones are Project Resource Management, Project Costing, and Project Billing and Revenue Recognition. The full outline is published above on this page; knowing exactly what the exam tests is the foundation every efficient study plan is built on.
Oracle Project Portfolio Management Cloud 2017 Implementation Essentials Sample Questions:
What are three configuration items that you need to set up by using the Project Organizations functional area in Project Financial Management configurations? (Choose three.)
- A. Manage Project Unit Options
- B. Mange Business Unit
- C. Mange Project Types
- D. Manage Project Organization Classifications
- E. Manage Project Unit Organizations
Correct Answer: B,C,D 🗳️
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Your customer wants a team member who is assigned to a project to be able to create and submit a forecast, but not to be able to approve the forecast. What is the default project role that you should assign to the person in the project to meet this requirement? (Choose the best answer.)
- A. Project Accountant
- B. Project Application Administrator
- C. Project Manager
- D. Project Administrator
Correct Answer: C 🗳️
Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets based on the construction-in-process cost of each asset. Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement. (Choose the best answer.)
- A. Actual Unit
- B. Estimated Cost
- C. Spread Evenly
- D. Current Cost
- E. Standard Unit Cost
Correct Answer: D 🗳️
Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types.
Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)
- A. Create a revenue method with a revenue method classification of Rate Based.
- B. Create a revenue method with a revenue method classification of Amount Based.
- C. Create a revenue method classification with a revenue method of Percent Spent.
- D. Create a revenue method classification with a revenue method of Percent Complete.
Correct Answer: A 🗳️
You are implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-charge transactions happen between business units within the same legal entity. Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.
Identify two setups that can drive this borrowed and lent agreement. (Choose two.)
- A. Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
- B. Transfer price basis must be Raw Cost and calculation method must be Basis Only.
- C. Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
- D. A document entry such as straight time must be enabled for cross-charge transactions.
Correct Answer: C,D 🗳️
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