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Oracle 1Z0-1057-23 Exam Syllabus Topics:

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

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You are now the project manager of a newly created implementation project. Which two items are not part of managing an implementation project?

A) Select the offering you want to implement.
B) Generate a list of setup tasks.
C) Assign tasks to various users who are responsible for managing setup data.
D) Enable optional functional areas and features by opting in.
E) Monitor the progress of completing setup tasks.


2. Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation?
Response:

A) Transfer Project
B) View Project Progress
C) Manage Project Plan Resource Assignment
D) Allocate Project Expense


3. Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. (Choose two)

A) Use the predefined S-Curve spread with small deviations on the spread points.
B) Use the predefined Bell Curve spread with small deviations on the spread points.
C) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
D) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.


4. Your customer has different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates will be populated in such invoices?

A) Project accounting date is the first day of the first open project accounting period.
B) Project accounting date is the last day of the open project accounting period.
C) Project accounting date is the same as the original invoice date.
D) Accounting date is the same as the original invoice date.
E) Accounting date is the first day of the first open accounting period.


5. Which setup option is common to both financial and project plan types?

A) Manage the options for creating control budgets in Oracle Fusion Budgetary Control.
B) Enable the use of a workflow for managing budget or forecasting status changes.
C) Identify whether the plan type is the default selection when you create budget or forecast versions.
D) Enable the entry of plan amounts in currencies other than the project currency.


Solutions:

Question # 1
Answer: E
Question # 2
Answer: A,C
Question # 3
Answer: B
Question # 4
Answer: B
Question # 5
Answer: D

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