Oracle E-Business Suite (EBS) R12 Project Essentials (1Z0-511) Practice Exam

Oracle E-Business Suite (EBS) R12 Project Essentials (1Z0-511)


About Oracle E-Business Suite (EBS) R12 Project Essential (1Z0-511)

1Z0-511 exam will help you in becoming Oracle E-Business Suite Project Certified Implementation Specialist that is designed for individuals who possess a strong foundation and expertise in implementing Oracle E-Business Suite Project solutions. It is recommended to have up-to-date training and field experience. This certification qualifies as competency criteria for the Oracle EBS R12 Project Specialization. This certification covers topics such as the fundamentals and implementation options of Project Foundation, Project Costing and Project Billing. This will help you in becoming certified to use a solution that supports the full lifecycle of project and portfolio management with a single, accurate view of all project-related activities. Industry leading functionality allows users to select the best portfolio of initiatives, execute projects in adherence with methodologies, assign the right global resources, proactively streamline project delivery and track profitability via accurate budgeting, forecasting and billings/chargebacks.


Course Structure

1. 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

2. 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

3. 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

4. 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

5. 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

6. 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


Exam Pattern 

  • Exam Name: Oracle E-Business Suite (EBS) R12 Project Essential
  • Exam Code: 1Z0-511
  • Number of Questions: 70
  • Length of Time:  120 minutes
  • Exam Fee $245 USD 
  • Exam Language: English


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