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Oracle 1Z0-1057-23 Exam Syllabus Topics:

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

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Question 1

What are three configuration items that you need to set up by using the Project Organizations functional area in Project Financial Management configurations? (Choose three.)

A. Manage Project Organization Classifications
B. Mange Business Unit
C. Manage Project Unit Options
D. Manage Project Unit Organizations
E. Mange Project Types


Question 2

Your customer has a requirement to allow adjustment and reversals for transactions imported from an external expense entry system.
Which section on the Manage Project Transaction Sources page will allow you to enable these options?

A. Documents
B. Transaction Source
C. Document Entries
D. Transaction Entries


Question 3

Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets based on the construction-in-process cost of each asset.
Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement.
(Choose the best answer.)
Response:

A. Estimated Cost
B. Actual Unit
C. Spread Evenly
D. Current Cost
E. Standard Unit Cost


Question 4

Identify three correct statements about project types.
(Choose three.)
Response:

A. Classifications can be assigned at project type.
B. Project type can be used as a source in subledger accounting.
C. Project type can be enabled for both billing and capitalization.
D. Project type can be associated with multiple project units.
E. Summarization options can be specified at project type.


Question 5

Shift is one of the key elements in defining project and resource calendars.
Which two additional key elements are required to define the project and resource calendars?

A. Time off
B. Expenditure Type
C. Schedule Exceptions
D. Workday Patterns
E. Accounting Calendar


Solutions:

Question 1
Answer: D
Question 2
Answer: D
Question 3
Answer: C
Question 4
Answer: B,C,D
Question 5
Answer: C

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