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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Resource Management | 10% | - Manage resource allocation and utilization - Configure enterprise resource setup |
| Project Planning, Control and Forecasting | 15% | - Define project budgets and forecasts - Set up project controls and performance tracking - Manage project schedules and progress |
| Project Billing and Revenue Management | 20% | - Manage contract billing and revenue accounting - Configure cross-charging, transfer pricing - Set up revenue recognition and invoicing |
| Project Costing | 20% | - Set up budgetary controls and cost controls - Configure cost collection, allocations, burdening - Integrate with Time and Labor |
| Project Management Cloud Overview and Common Configuration | 15% | - Manage security, roles, duties and user experience - Describe architecture and components - Set up calendars, periods, rate schedules, transaction sources - Configure enterprise settings, reference data sharing |
| Functional Setup Manager and Implementation | 10% | - Configure and manage implementation projects - Use Rapid Implementation Workbook |
| Program Management and Reporting | 10% | - Set up programs and hierarchies - Configure project performance reporting and KPIs |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
Question 1
Select two correct statements about project classifications on a template.
A. When a project is created from a template, the required project classifications must be entered.
B. Set Code is not required for a project class category in a project classification.
C. Project class category in a project classification must be associated with a Set Code.
D. Project Classification is a mandatory field on a project template.
Question 2
Which three are valid password complexity criteria while setting up password policies? (Choose three.)
A. Complex: At least 8 characters, 1 uppercase, and 1 number
B. Very Complex: At least 8 characters, 1 uppercase, 1 number, and 2 special characters
C. Simple: At least 8 characters and 1 number
D. Very Complex: At least 6 characters, 1 uppercase, 1 number, and 1 special character
E. Very Complex: At least 8 characters, 1 uppercase, 1 number, and 1 special character
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 Options
B. Document Entry Options
C. Import Options
D. Transaction Source Options
Question 4
You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)
A. Allocate rental costs once each accounting period by using the "full" allocation method.
B. Define allocation basis by using Actual Amounts with a project-to-date amount class.
C. Define allocation basis by using Actual Amounts with a period-to-date amount class.
D. Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
E. Allocate rental costs once each accounting period by using the "spread evenly" allocation method.
Question 5
Your organization has a requirement to retrieve the value of the cost center segment based on the department.
Which source can you use while defining the account rule to achieve this requirement?
A. Expenditure Business Unit Cost Center Segment
B. Event Organization Cost Center Segment
C. Expenditure Organization Cost Center Segment
D. Project Organization Cost Center Segment
Solutions:
| Question 1 Answer: B | Question 2 Answer: A | Question 3 Answer: B | Question 4 Answer: A | Question 5 Answer: C |

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