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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionObjectives
Project Resource Management- Configure resource management
  • 1. Resource allocation
  • 2. Enterprise labor resources
Project Billing- Configure project billing and revenue
  • 1. Project invoicing
  • 2. Cross charging
  • 3. Revenue management
  • 4. Transfer pricing
Common Project Configuration- Configure enterprise project settings
  • 1. Subledger Accounting
  • 2. Project Financial Management organizations
  • 3. Reference data sharing
Functional Setup Manager- Configure implementation setup
  • 1. Functional Setup Manager usage
  • 2. Rapid Implementation Workbook
Project Costing- Manage project costing configuration
  • 1. Budgetary controls
  • 2. Allocations
  • 3. Burdening
  • 4. Time and labor integration
  • 5. Cost collection center
Project Foundation- Configure foundational project structures
  • 1. Project types
  • 2. Project resources
  • 3. Rate schedules
  • 4. Transaction sources
  • 5. Project calendars and periods
Program Management- Manage programs and reporting
  • 1. Program setup
  • 2. Program reporting
Navigation, User Experience, Personalization, and Approvals- Manage approvals and workflows
  • 1. Set up notifications
  • 2. Configure approval tasks
- Describe user experience features
  • 1. Personalization options
  • 2. Navigation concepts
Project Management- Manage project execution
  • 1. Application Composer usage
  • 2. Project gates
  • 3. Issues and deliverables
  • 4. Project requirements
Applications Security- Manage security configuration
  • 1. Applications Security Console
  • 2. Roles and duties
Project Performance Reporting- Configure reporting and KPI tracking
  • 1. Performance KPIs
  • 2. Project reporting configuration
Project Management Overview- Describe the components of Oracle Project Management Cloud
  • 1. Understand project management architecture
  • 2. Explain available integrations
Project Control- Manage project planning and forecasting
  • 1. Forecast management
  • 2. Project budgets

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
Associated Project Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)

A) USD 70
B) USD 184
C) USD 120
D) USD 134


2. Select two correct statements about project classifications on a template.
Response:

A) Project Classification is a mandatory field on a project template.
B) Set Code is not required for a project class category in a project classification.
C) When a project is created from a template, the required project classifications must be entered.
D) Project class category in a project classification must be associated with a Set Code.


3. You are now the project manager of a newly created implementation project. Which two items are not part of managing an implementation project?

A) Generate a list of setup tasks.
B) Monitor the progress of completing setup tasks.
C) Select the offering you want to implement.
D) Enable optional functional areas and features by opting in.
E) Assign tasks to various users who are responsible for managing setup data.


4. You have four resources in your organization: P, Q, R, and S.
Resource P - Project or resource calendar is active.
Resource Q - Project resource request dates are within the project or resource calendar effective dates.
Resource R - Resource calendar is complex, it does not contain seven days, and it contains more than one pattern and shift.
Resource S - Number of working days within the requested date range is not zero on the project or resource calendar.
Identify the resource for whom Resource Availability Capacity Score will not be calculated. (Choose the best answer.)

A) P
B) Q
C) R
D) S


5. Your customer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose.

A) Project Accounting Periods
B) Accounting Periods
C) PA-GL Periods
D) Calendar Types
E) PA Calendar


Solutions:

Question # 1
Answer: C
Question # 2
Answer: B,C
Question # 3
Answer: B
Question # 4
Answer: A
Question # 5
Answer: E

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