Your Ultimate Preparation Guide for the Oracle 1Z0-1080-24 Exam

The Oracle 1Z0-1080-24 certification is a highly sought-after credential for professionals looking to validate their expertise in Oracle Enterprise Performance Management (EPM) Cloud. It demonstrates proficiency in configuring and implementing Oracle EPM Cloud solutions to streamline financial planning, budgeting, forecasting, and reporting.

In this comprehensive guide, we will cover all the essential details about the 1Z0-1080-24 exam, including its objectives, format, study resources, and career benefits.

Exam Overview

The Oracle 1Z0-1080-24 exam is designed for individuals with a strong understanding of Oracle EPM Cloud solutions, specifically Oracle Planning. It assesses a candidate’s ability to implement and manage cloud-based enterprise performance management functionalities effectively.

Exam Details:

• Exam Code: 1Z0-1080-24
• Exam Name: Oracle Planning 2024 Implementation Professional
• Number of Questions: 55
• Exam Duration: 90 minutes
• Passing Score: 60%
• Exam Format: Multiple-choice questions
• Exam Fee: Varies by region
• Exam Delivery: Online or in-person at a Pearson VUE test center

For official exam registration and details, visit: Boost2Certify

Key Topics Covered in the 1Z0-1080-24 Exam

The exam is structured around core concepts of Oracle Planning in EPM Cloud. Some of the major topics include:

1. Oracle EPM Cloud Overview

• Understanding Oracle EPM Cloud applications
• Key benefits and architecture
• Security and access management

2. Planning and Budgeting Implementation

• Setting up planning applications
• Configuring business rules and calculations
• Managing financial budgets and forecasts

3. Data Integration and Management

• Importing and exporting data
• Data validation and mapping
• Using Data Management tools

4. Financial Reporting and Analysis

• Configuring dashboards and reports
• Understanding Smart View integration
• Analyzing key performance indicators (KPIs)

5. Workflow and Approval Process

• Managing approval hierarchies
• Automating workflows
• Using task lists for efficient planning

6. Security and User Management

• Configuring user roles and permissions
• Managing application security settings
• Ensuring compliance with best practices

Who Should Take This Exam?

The Oracle 1Z0-1080-24 certification is ideal for professionals working in finance, IT, and enterprise performance management roles, including:

• Financial Analysts using Oracle EPM Cloud for forecasting
• Oracle Cloud Consultants specializing in financial planning solutions
• IT Professionals responsible for configuring and maintaining Oracle EPM Cloud applications
• Business Analysts looking to enhance their knowledge of Oracle Planning

How to Prepare for the 1Z0-1080-24 Exam

1. Use Oracle’s Official Study Resources

Oracle provides official guides, whitepapers, and training materials to help candidates prepare. Visit Oracle’s Learning Library and Oracle University for recommended courses.

2. Take Online Training Courses

Several online platforms offer specialized courses on Oracle Planning and EPM Cloud, including:

• Oracle University
• Udemy
• LinkedIn Learning
• Coursera

3. Practice with Sample Questions

Mock exams and practice questions can help candidates get familiar with the exam format. Websites like Boost2Certify provide up-to-date practice tests and exam dumps.

4. Join Oracle Certification Forums

Engage in Oracle’s online communities and forums to discuss doubts, share study resources, and get advice from certified professionals.

5. Gain Hands-On Experience

Practical experience in using Oracle EPM Cloud is crucial. If possible, work on real-world projects or use Oracle’s sandbox environment for hands-on learning.

Tips for Exam Success

• Understand the Exam Objectives: Focus on the key topics outlined in Oracle’s exam guide.
• Take Timed Practice Tests: Simulate the real exam environment to improve time management skills.
• Review Oracle Documentation: Read Oracle’s official documentation for a deeper understanding of concepts.
• Stay Updated: Oracle Cloud updates frequently, so ensure you study the latest features and functionalities.
• Manage Exam Time Wisely: Answer easy questions first and return to complex ones later to maximize your score.

Career Benefits of 1Z0-1080-24 Certification

Earning the Oracle 1Z0-1080-24 certification offers several career advantages, including:

• Enhanced Job Opportunities: Certified professionals are in high demand for roles in Oracle Cloud financial planning and performance management.
• Higher Salary Potential: Certified Oracle specialists often earn higher salaries compared to non-certified professionals.
• Recognition in the Industry: The certification validates your expertise, making you stand out to employers.
• Career Growth: Opens doors to advanced roles such as Oracle EPM Consultant, Financial Planning Specialist, and Cloud Implementation Expert.