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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Management Overview- Describe the components of Oracle Project Management Cloud
  • 1. Understand project management architecture
  • 2. Explain available integrations
Topic 2: Project Control- Manage project planning and forecasting
  • 1. Forecast management
  • 2. Project budgets
Topic 3: Project Performance Reporting- Configure reporting and KPI tracking
  • 1. Performance KPIs
  • 2. Project reporting configuration
Topic 4: Program Management- Manage programs and reporting
  • 1. Program setup
  • 2. Program reporting
Topic 5: Project Foundation- Configure foundational project structures
  • 1. Project calendars and periods
  • 2. Rate schedules
  • 3. Project types
  • 4. Transaction sources
  • 5. Project resources
Topic 6: Project Costing- Manage project costing configuration
  • 1. Budgetary controls
  • 2. Burdening
  • 3. Time and labor integration
  • 4. Cost collection center
  • 5. Allocations
Topic 7: Applications Security- Manage security configuration
  • 1. Roles and duties
  • 2. Applications Security Console
Topic 8: Project Resource Management- Configure resource management
  • 1. Enterprise labor resources
  • 2. Resource allocation
Topic 9: Functional Setup Manager- Configure implementation setup
  • 1. Functional Setup Manager usage
  • 2. Rapid Implementation Workbook
Topic 10: Project Billing- Configure project billing and revenue
  • 1. Project invoicing
  • 2. Transfer pricing
  • 3. Cross charging
  • 4. Revenue management
Topic 11: Common Project Configuration- Configure enterprise project settings
  • 1. Subledger Accounting
  • 2. Project Financial Management organizations
  • 3. Reference data sharing
Topic 12: Project Management- Manage project execution
  • 1. Issues and deliverables
  • 2. Project requirements
  • 3. Project gates
  • 4. Application Composer usage
Topic 13: 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

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Question #1

Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources. After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost amounts associated with the resources, you suspect that the cost association does not match your client''s expectations. Identify two valid rules based on which cost association works.

  • A. If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with the lowest number at the lowest level.
  • B. If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.
  • C. If a transaction maps to more than one level, Oracle PPM Cloud sums the precedence numbers for all resource type in the branch and gives precedence to the resource element in the branch with the highest sum.
  • D. If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
Answer: C

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Question #2

Which three Cost Collection Flexfield core attributes can be derived during import if not explicitly entered in a transaction document? (Choose three.)

  • A. Capitalizable Flag
  • B. Billable Flag
  • C. Work Type
  • D. Expenditure Type
  • E. Funding Source
Answer: B

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Question #3

You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule.

  • A. Workday Patterns
  • B. Time Off
  • C. Accounting Calendar
  • D. Expenditure Type
  • E. Exceptions
Answer: E

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Question #4

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. As Incurred
  • C. Percent Complete
  • D. Amount Based
Answer: A

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Question #5

Which three features are part of Oracle Fusion Functional Setup Manager?

  • A. guided task list for end-to-end setup requirements
  • B. feature opt-in for a best fit configuration
  • C. modifying an existing implementation project task list by selecting more functional areas when needed
  • D. updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
  • E. export and import services for setup data migration between environments
Answer: E

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