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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Project Billing and Revenue Management | 20% | - Manage contract billing and revenue accounting - Set up revenue recognition and invoicing - Configure cross-charging, transfer pricing |
| Program Management and Reporting | 10% | - Configure project performance reporting and KPIs - Set up programs and hierarchies |
| Project Planning, Control and Forecasting | 15% | - Set up project controls and performance tracking - Define project budgets and forecasts - Manage project schedules and progress |
| Project Management Cloud Overview and Common Configuration | 15% | - Manage security, roles, duties and user experience - Configure enterprise settings, reference data sharing - Describe architecture and components - Set up calendars, periods, rate schedules, transaction sources |
| Functional Setup Manager and Implementation | 10% | - Configure and manage implementation projects - Use Rapid Implementation Workbook |
| Project Costing | 20% | - Set up budgetary controls and cost controls - Configure cost collection, allocations, burdening - Integrate with Time and Labor |
| Resource Management | 10% | - Manage resource allocation and utilization - Configure enterprise resource setup |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Management with tasks and subtasks applicable to each of the phases of the project: Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works.
Which two are correct statements in this scenario?
- A. A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
- B. You associate a deliverable with a task independent of associating a requirement with a task.
- C. The association of a deliverable with a task is dependent on associating a requirement with a task.
- D. A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
Correct Answer: D 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
Which step within the functional setup manager helps you to move your verified setup data from the test environment to a production environment?
- A. Setting Up
- B. Planning
- C. Maintaining
- D. Opting In
- E. Deploying
Correct Answer: A 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
Select two correct statements about project classifications on a template.
Response:
- A. Project Classification is a mandatory field on a project template.
- B. When a project is created from a template, the required project classifications must be entered.
- C. Set Code is not required for a project class category in a project classification.
- D. Project class category in a project classification must be associated with a Set Code.
Correct Answer: B,C 🗳️
Which three are true of what you can do in the Project Requirements work area?
- A. Manage your list of backlog items.
- B. Create an execution project.
- C. Create an implementation project.
- D. Organize backlog items by requirements.
- E. Create project tasks for backlog items.
Correct Answer: D 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in Microsoft Projects.
Identify three conditions that must be met for exporting milestone tasks.
(Choose three.)
Response:
- A. lowest-level tasks set up with zero duration
- B. only one labor resource assignment with 0 effort
- C. only one labor resource assignment with 100 effort
- D. percent work complete values of 0 or 100 percent
- E. lowest-level tasks set up with non-zero duration
Correct Answer: B,C,D 🗳️
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