Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Project Management Cloud Overview and Common Configuration | 15% | - Describe architecture and components - Manage security, roles, duties and user experience - Set up calendars, periods, rate schedules, transaction sources - Configure enterprise settings, reference data sharing |
| Project Costing | 20% | - Integrate with Time and Labor - Configure cost collection, allocations, burdening - Set up budgetary controls and cost controls |
| Project Billing and Revenue Management | 20% | - Manage contract billing and revenue accounting - Configure cross-charging, transfer pricing - Set up revenue recognition and invoicing |
| Functional Setup Manager and Implementation | 10% | - Use Rapid Implementation Workbook - Configure and manage implementation projects |
| Program Management and Reporting | 10% | - Set up programs and hierarchies - Configure project performance reporting and KPIs |
| Project Planning, Control and Forecasting | 15% | - Manage project schedules and progress - Define project budgets and forecasts - Set up project controls and performance tracking |
| Resource Management | 10% | - Manage resource allocation and utilization - Configure enterprise resource setup |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
Question #1
Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocate to various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task.
Which allocation basis method would you use to meet this requirement? (Choose the best answer.)
A. spread evenly
B. target percentage and prorate
C. prorate
D. target percentage and spread evenly
Question #2
Which application generates external roles to grant both function and data security? (Choose the best answer.)
A. Authorization Policy Manager
B. Functional Setup Manager
C. Oracle Identity Manager
D. Business Process Manager
Question #3
Your customer has a requirement to import and process third-party transactions that are "costed" and "accounted".
Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)
A. Document Entry Options
B. Document Options
C. Transaction Source Options
D. Import Options
Question #4
Which product offering simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud?
A. Enterprise Contract Management
B. Project Control
C. Project Costing
D. Project Billing
Question #5
Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certain number of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)
A. project time validation rules
B. time calculation rules
C. time entry rules
D. time audit rules
Solutions:
| Question #1 Correct Answer: B | Question #2 Correct Answer: C | Question #3 Correct Answer: A | Question #4 Correct Answer: B | Question #5 Correct Answer: D |
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