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Oracle Project Management Cloud 2023 Implementation Professional: 1Z0-1057-23 Exam
"Oracle Project Management Cloud 2023 Implementation Professional", also known as 1Z0-1057-23 exam, is a Oracle Certification. With the complete collection of questions and answers, Pass4sureCert has assembled to take you through 138 Q&As to your 1Z0-1057-23 Exam preparation. In the 1Z0-1057-23 exam resources, you will cover every field and category in Project Financials Management Cloud Certification helping to ready you for your successful Oracle Certification.
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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Resource Management | 10% | - Configure enterprise resource setup - Manage resource allocation and utilization |
| Topic 2: Project Management Cloud Overview and Common Configuration | 15% | - Configure enterprise settings, reference data sharing - Set up calendars, periods, rate schedules, transaction sources - Manage security, roles, duties and user experience - Describe architecture and components |
| Topic 3: Program Management and Reporting | 10% | - Configure project performance reporting and KPIs - Set up programs and hierarchies |
| Topic 4: Project Billing and Revenue Management | 20% | - Configure cross-charging, transfer pricing - Set up revenue recognition and invoicing - Manage contract billing and revenue accounting |
| Topic 5: Project Planning, Control and Forecasting | 15% | - Define project budgets and forecasts - Manage project schedules and progress - Set up project controls and performance tracking |
| Topic 6: Functional Setup Manager and Implementation | 10% | - Use Rapid Implementation Workbook - Configure and manage implementation projects |
| Topic 7: Project Costing | 20% | - Set up budgetary controls and cost controls - Integrate with Time and Labor - Configure cost collection, allocations, burdening |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security.
- A. Project Administrator Template for Project Organization Security
- B. Project Accountant Template for Project Organization Security
- C. Project Billing Specialist Template for Project Organization Security
- D. Project Creator Template for Project Organization Security
- E. Project Manager Template for Project Organization Security
Correct Answer: A 🗳️
Explanation: Only visible for Pass4sureCert members. You can sign-up / login (it's free).
Your customer has the following setups on the project plan type that they are using for their projects:
Use Task Planned Dates as Task Assignment Dates = Yes
Automatically Roll Up Task Planned Dates = Yes
Synchronize Task Transaction Dates with Planned Dates = No
With these setups in place, you perform the following actions:
1. Create a new subtask (Sub Task 1) with a start date of 15-Jun-2016 on the project that has as start date of 01-Jul-2016.
2. Create another new subtask (Sub Task 2) after the previous action is saved.
What would the correct behavior of the application be after these actions? (Choose the best answer.)
- A. After the creation and saving of Sub Task 1, Task Start Date would be changed to 01-Jul-2016 and Sub Task 2 would be created with 01-Jul-2016.
- B. Project Start Date would remain unchanged as 01-Jul-2016 for both actions but the start dates on both subtasks would remain 15-Jun-2016.
- C. After the creation of Sub Task 1, Project Start Date would remain unchanged as 01-Jul-2016 and Sub Task 2 would be created with 15-Jun-2016.
- D. After the creation of Sub Task 1, Project Start Date would be changed to 15-Jun-2016 and Sub Task 2 would be created with 15-Jun-2016.
Correct Answer: D 🗳️
Explanation: Only visible for Pass4sureCert members. You can sign-up / login (it's free).
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.)
Response:
- A. percent work complete values of 0 or 100 percent
- B. only one labor resource assignment with 100 effort
- C. lowest-level tasks set up with zero duration
- D. only one labor resource assignment with 0 effort
- E. lowest-level tasks set up with non-zero duration
Correct Answer: A,B,D 🗳️
Select two correct statements about project classifications on a template.
- A. Project class category in a project classification must be associated with a Set Code.
- B. Project Classification is a mandatory field on a project template.
- C. When a project is created from a template, the required project classifications must be entered.
- D. Set Code is not required for a project class category in a project classification.
Correct Answer: D 🗳️
Explanation: Only visible for Pass4sureCert members. You can sign-up / login (it's free).
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 assignment.
- B. All new employees created as persons must be assigned to a department.
- 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 project role.
- E. All new employees created as persons must have an active supervisor.
Correct Answer: C 🗳️
Explanation: Only visible for Pass4sureCert members. You can sign-up / login (it's free).
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