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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Cost Management- Cross-Charge Processing
  • 1. Transfer Pricing
  • 2. Borrowed and Lent Transactions
- Cost Collection and Processing
  • 1. Supplier Cost Processing
  • 2. Expense Management Integration
  • 3. Cost Transactions
Topic 2: Project Billing and Revenue Management- Contract and Billing Setup
  • 1. Revenue Recognition
  • 2. Invoice Generation
  • 3. Billing Events
Topic 3: Security and Implementation Tools- Implementation Utilities
  • 1. Rapid Implementation Spreadsheets
  • 2. Functional Setup Manager
  • 3. Setup Data Migration
- Security Configuration
  • 1. Project Roles
  • 2. Data Access Security
Topic 4: Resource Management- Resource Structures
  • 1. Resource Requests
  • 2. Resource Calendars
  • 3. Project Staffing
Topic 5: Project Financial Management Setup- Financial Structures
  • 1. Expenditure Categories
  • 2. Expenditure Types
  • 3. Transaction Sources
- Project Types and Templates
  • 1. Project Roles
  • 2. Project Classes
  • 3. Project Statuses
Topic 6: Project Execution Management- Project Control
  • 1. Forecasts
  • 2. Performance Reporting
  • 3. Budgets
- Project Planning
  • 1. Task Management
  • 2. Resource Assignments
  • 3. Work Plans
Topic 7: Project Foundation Setup- Project Units
  • 1. Business Units
  • 2. Reference Data Sets
  • 3. Implementation Options

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Your customer has separate organizationsto maintain indirect, capital, and billing types of projects.
Identify the two setups that can be used to fulfill this requirement. (Choose two.)

  • A. Project Organization Classification
  • B. Project Type
  • C. Project Accounting Business Function
  • D. Business Unit
  • E. Organization Tree
Answer: A,E

Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).

As part of maintaining (importing new employees thatwere added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create and update resources based on changes In HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers.
Whichthreeare parameters that are based on which the system identifies the new resources?

  • A. Project Unit
  • B. Department
  • C. Organization
  • D. Jobs
  • E. Business Unit
Answer: C,D,E

Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).

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

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

Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).

Your customer has the following setups onthe 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, youperform 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 thecorrect behavior of the application be after these actions? (Choose the best answer.)

  • A. 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.
  • 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 andsaving 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.
Answer: A

Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).

Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statementsabout the periodic project labor demand. (Choose two.)

  • A. Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
  • B. Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
  • C. Labor Demand FTE is calculated as YearlyAllocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
  • D. Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
Answer: C,D

Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).

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