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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Functional Setup Manager and Implementation | 10% | - Configure and manage implementation projects - Use Rapid Implementation Workbook |
| Project Billing and Revenue Management | 20% | - Set up revenue recognition and invoicing - Manage contract billing and revenue accounting - Configure cross-charging, transfer pricing |
| Program Management and Reporting | 10% | - Configure project performance reporting and KPIs - Set up programs and hierarchies |
| Project Planning, Control and Forecasting | 15% | - Define project budgets and forecasts - Manage project schedules and progress - Set up project controls and performance tracking |
| Project Costing | 20% | - Configure cost collection, allocations, burdening - Set up budgetary controls and cost controls - Integrate with Time and Labor |
| Resource Management | 10% | - Manage resource allocation and utilization - Configure enterprise resource setup |
| Project Management Cloud Overview and Common Configuration | 15% | - Manage security, roles, duties and user experience - Describe architecture and components - Set up calendars, periods, rate schedules, transaction sources - Configure enterprise settings, reference data sharing |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
1. Which application generates external roles to grant both function and data security?
(Choose the best answer.)
Response:
A) Business Process Manager
B) Oracle Identity Manager
C) Authorization Policy Manager
D) Functional Setup Manager
2. You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in Microsoft Projects. Identify three conditions that must be met for exporting milestone tasks. (Choose three.)
A) percent work complete values of 0 or 100 percent
B) lowest-level tasks set up with non-zero duration
C) lowest-level tasks set up with zero duration
D) only one labor resource assignment with 100 effort
E) only one labor resource assignment with 0 effort
3. You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for a billable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program's processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 0
Draft Invoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)
A) Rate Based
B) Amount Based
C) Percent Complete
D) As Incurred
4. Green House Corporation has decided to enable the budgetary control feature for their projects. At which two levels will they be able to enter the amounts in the budget versions for these projects?
A) Top resource
B) Expenditure Category
C) Task
D) Project
E) Expenditure Type
5. Your customer has implemented Oracle Project Portfolio Management Cloud recently and they have hired new employees for their Professions Services business. These employees are set up in Oracle Human Capital Management Cloud, but the Project Administrators are unable to add them as resources in the Planning Resource Breakdown Structure.
What are three conditions for new employees to show up in the list? (Choose three.)
A) All new employees created as persons must have an active supervisor.
B) All new employees created as persons must have an active project role.
C) Current date is before the effective date of the resource, and you did not enable the "Include people with future-dated effective start dates" option during the search.
D) All new employees created as persons must have an active assignment.
E) All new employees created as persons must be assigned to a department.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: E | Question # 3 Answer: A | Question # 4 Answer: E | Question # 5 Answer: C |
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