Enterprise Performance Management Practice Exam
Enterprise Performance Management Practice Exam
About Enterprise Performance Management Exam
The Enterprise Performance Management Exam evaluates an individual's ability to manage and optimize business performance through integrated strategic planning, budgeting, forecasting, reporting, and analytics. It focuses on aligning financial and operational data with corporate goals, enabling organizations to make data-driven decisions, improve accountability, and enhance overall efficiency. The exam covers a wide range of topics such as key performance indicators (KPIs), financial consolidation, variance analysis, and modern EPM software tools like Oracle Hyperion, SAP BPC, and IBM Cognos TM1. This certification is ideal for finance professionals, analysts, and business managers looking to drive strategic execution and improve enterprise value.
Who should take the Exam?
This exam is ideal for:
- Finance and accounting professionals involved in planning and budgeting
- Business analysts and strategy managers working with performance metrics
- Consultants implementing EPM tools or processes
- Controllers and CFOs overseeing financial consolidation and reporting
- ERP and EPM software users seeking domain specialization
Skills Required
- Understanding of financial and operational planning processes
- Knowledge of performance measurement and KPIs
- Familiarity with EPM tools such as Oracle, SAP, or IBM platforms
- Ability to analyze variances, forecasts, and business trends
- Experience with financial consolidation and reporting frameworks
Knowledge Gained
- Ability to align strategic goals with financial and operational data
- Understanding of how to build and track KPIs and balanced scorecards
- Knowledge of best practices in planning, budgeting, and forecasting
- Skills to implement and manage EPM systems across business units
- Competence in interpreting reports to support executive decision-making
Course Outline
The Enterprise Performance Management Exam covers the following topics -
Domain 1 – Introduction to Enterprise Performance Management
- Definition, purpose, and benefits of EPM
- Components of an effective EPM framework
- Role of EPM in strategy execution
Domain 2 – Strategic Planning and Forecasting
- Goal setting, scenario analysis, and rolling forecasts
- Aligning long-term strategy with short-term planning
- Driver-based planning and predictive analytics
Domain 3 – Budgeting and Financial Management
- Types of budgets (zero-based, incremental, flexible)
- Budget workflow and collaboration
- Monitoring budget performance and variance analysis
Domain 4 – Performance Measurement and KPIs
- Defining and tracking key performance indicators
- Balanced scorecard approach to business measurement
- Linking KPIs to strategic goals and accountability
Domain 5 – EPM Tools and Technology
- Overview of leading EPM platforms (Oracle, SAP, IBM)
- Integration of EPM tools with ERP and BI systems
- Automation and dashboards for real-time reporting
