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Oracle 1Z0-1057-23 Exam Syllabus Topics:

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

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Which application generates external roles to grant both function and data security? (Choose the best answer.)

  • A. Authorization Policy Manager
  • B. Business Process Manager
  • C. Functional Setup Manager
  • D. Oracle Identity Manager
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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

You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task 30.
Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario.

  • A. Bill set number drives the grouping of transactions.
  • B. Two invoices are created using the same contract.
  • C. Both the contract lines create only a single invoice because they are using the same contract.
  • D. Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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

Which two statements are true about a project in "Draft" status?

  • A. Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.
  • B. Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
  • C. Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.
  • D. Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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

As part of maintaining (importing new employees that were 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.
Which three are parameters that are based on which the system identifies the new resources?

  • A. Project Unit
  • B. Department
  • C. Organization
  • D. Jobs
  • E. Business Unit
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

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

Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security.

  • A. Project Manager Template for Project Organization Security
  • B. Project Creator Template for Project Organization Security
  • C. Project Billing Specialist Template for Project Organization Security
  • D. Project Accountant Template for Project Organization Security
  • E. Project Administrator Template for Project Organization Security
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

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

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