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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Project Management Cloud Overview and Common Configuration | 15% | - Set up calendars, periods, rate schedules, transaction sources - Manage security, roles, duties and user experience - Configure enterprise settings, reference data sharing - Describe architecture and components |
| Topic 2: Project Planning, Control and Forecasting | 15% | - Manage project schedules and progress - Set up project controls and performance tracking - Define project budgets and forecasts |
| Topic 3: Project Costing | 20% | - Integrate with Time and Labor - Set up budgetary controls and cost controls - Configure cost collection, allocations, burdening |
| Topic 4: Functional Setup Manager and Implementation | 10% | - Use Rapid Implementation Workbook - Configure and manage implementation projects |
| Topic 5: Project Billing and Revenue Management | 20% | - Configure cross-charging, transfer pricing - Manage contract billing and revenue accounting - Set up revenue recognition and invoicing |
| Topic 6: Resource Management | 10% | - Configure enterprise resource setup - Manage resource allocation and utilization |
| Topic 7: Program Management and Reporting | 10% | - Configure project performance reporting and KPIs - Set up programs and hierarchies |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
Question 1
Identify the valid approval group type applicable to Oracle Project Financial Management Cloud.
(Choose the best answer.)
Response:
A. Position
B. Static
C. Job
D. Dynamic
E. Flexfield
Question 2
Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources page. An HCM person is included in a condition with a process order value of 1 and, additionally, there are three other conditions, all with a process order value of 10. Identify two correct statements about the Maintain Project Enterprise Labor Resources process as it relates to process order values.
A. The process creates a resource by using the condition with a process order value of 1 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
B. For the three conditions that have the same process order value of 10, the records are processed in ascending alphabetic order based on the condition name.
C. The process creates a resource by using the conditions with a process order value of 10 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
D. For the three conditions that have the same process order value of 10, the records are processed in ascending numeric order based on the condition name.
Question 3
You have been hired as a project manager for implementing the Project Financial Management and Project Execution Management offering by an organization. The Chief Information Officer of the deploying organization has requested you to explain the benefits of using the implementation project-based approach over the functional area-based approach.
Which two are the main benefits of using the implementation projects within Functional Setup Manager?
A. Implementation Project gives you the flexibility to set up different functional areas of the offering at different times.
B. Implementation Project helps you to monitor progress of the setup tasks.
C. Implementation Project helps in assigning responsibility of managing setup data to a broad group of users.
D. Implementation Project helps you to use the manage setup data entry in bulk option.
Question 4
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. PA Calendar
C. Calendar Types
D. Accounting Periods
E. PA-GL Periods
Question 5
Your organization has a requirement to create and apply a new theme for the application user interface.
Which option allows you to achieve this requirement?
A. User Interface Text
B. Appearance Page
C. Setup and Maintenance Work Area
D. Structure Page
Solutions:
| Question 1 Answer: B,D | Question 2 Answer: B | Question 3 Answer: C | Question 4 Answer: B | Question 5 Answer: A |
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