Certification: Oracle Hyperion Planning 11 Certified Implementation Specialist
Certification Full Name: Oracle Hyperion Planning 11 Certified Implementation Specialist
Certification Provider: Oracle
Exam Code: 1z0-533
Exam Name: Oracle Hyperion Planning 11 Essentials


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"Oracle Hyperion Planning 11 Essentials Exam", also known as 1z0-533 exam, is a Oracle certification exam.

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Certification Overview

For specialists and professionals whose skill lies in Oracle's Hyperion Financial Management or HFM and the solutions based on it, this credential is one that is a must have, for it sets them apart by giving them a proof of their expertise, something that could very well make them a potential candidate for a promotion or a great job in the field. Professionals possessing skills related to HFM and its based solutions, mainly in their implementation, is something that every organization using Oracle's software needs, and this certification is what distinguishes such professionals apart from the others.

As a planning solution based on both the Web and the MS office, it provides for the much essential integration between operations and finance- related processes, helping make the business more productive, and the concerned planning and forecasting more accurate. One of its many salient features also include the decrease in time lag that it causes between the updating of plans and the refreshing of reports.

Who can do this certification

The Oracle University recommends a potential candidate in this certification should have knowledge of the software, both theoretically and practically. Practical knowledge must be had either through experience from a job in a similar field, or through relevant hands-on training. Additionally, employees of member organizations are preferred for this (though it is not a mandatory condition, all professionals are eligible). It is targeted towards implementation level members at the intermediate stage.

Benefits

The credential serves as a tool for the candidates apart from being a tag that gets them credibility as a professional and a specialist in Hyperion Planning. As a tool, it helps increase their proficiency in Hyperion Planning and in a number of spheres related to it like Planning of applications, dimensions' set up, defining of forms as well as security, business rules and their details and so on.

Associated Exam

Oracle Hyperion planning 11g Essentials, is an examination of 70 questions, and anyone scoring less than 66% would fail in this exam. Its product version is Planning, with validation of the same done against 11.1.1.

As a valid preparation for this exam, one can attend the Oracle Hyperion Planning 11.1.1 Creation, Management of Applications and 11.1.1 for the Interactive User trainings. They might not be covering all the topics either, hence, an integrated approach towards its preparation is best suited. Members also have additional resources available to them.

Prerequisites

As stated, only a candidate whose expertise and skills are had through both a theoretical approach and practical experience would be most suited for this job. Being an employee of a Member (of the OPN)organization is not something that is mandatory, but is preferred. No other certification is deemed necessary for this.

Topics Covered

  • Overview
    • Accessing of Planning via Workspace
  • Architecture of the EPM (EPMA)
    • Description and details of the Architecture
    • Creation of dimension member in an EPMA
  • Planning Application: Its Creation
    • Setting up of a source of data
    • Calendar and Plan Types: Describing and using them
  • End User Function Planning
    • Performance of planning of such features that are end user on the web
    • Smart View and use of End User features in it
    • Use of the management of work flow process for copying of data among different versions of an application
  • Modelling
    • Creation of Scenario as well as entity dimensions
    • Setting up of entity and account dimensions, exchange rates and currencies
    • Attributing dimensions
    • Loads to different data loads
    • Sharing of the data of Planning both inside and outside of an application
  • Forms Designing
    • Creating as well as editing of both folders & data forms
    • Management of user variables
    • Creation of Smart Lists, Custom Menus
  • Calculations and Calculations Manager, Business' Rules
    • Business rules, its advantages, creation and management
    • Calc scripts and member formulas- their usage and creation
    • Using the Calculations' Manager
  • Miscellaneous
    • Financial Reporting and its basics

Validity of the certification

The validity period of this certification, with regards to its attained product version, is of an indefinite time period. Thus, it would not expire at any point of time.

Expert Review

Hyperion Planning has made the organizations smarter and more efficient, and this credential has made the professionals better technologists, and more trustable to their present or potential employers. Any candidate with such a certification is definitely among the most employable of all, and of a great value to the concerned organization as well.

Li Yan Gun, Trinity Industries Inc

Asan, South Korea.

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