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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Functional Setup Manager and Implementation | 10% | - Use Rapid Implementation Workbook - Configure and manage implementation projects |
| Project Planning, Control and Forecasting | 15% | - Set up project controls and performance tracking - Define project budgets and forecasts - Manage project schedules and progress |
| Project Costing | 20% | - Configure cost collection, allocations, burdening - Set up budgetary controls and cost controls - Integrate with Time and Labor |
| Project Billing and Revenue Management | 20% | - Set up revenue recognition and invoicing - Manage contract billing and revenue accounting - Configure cross-charging, transfer pricing |
| Resource Management | 10% | - Manage resource allocation and utilization - Configure enterprise resource setup |
| Project Management Cloud Overview and Common Configuration | 15% | - Manage security, roles, duties and user experience - Set up calendars, periods, rate schedules, transaction sources - Describe architecture and components - Configure enterprise settings, reference data sharing |
| Program Management and Reporting | 10% | - Configure project performance reporting and KPIs - Set up programs and hierarchies |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
1. Your customer wants a project start date to cascade to the project tasks but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this. (Choose the best answer.)
A) Cascade change to the start date and the finish date.
B) Do not cascade date changes.
C) Cascade change to the start date.
D) Cascade change to the finish date.
2. Which two statements describe how the Resource Qualification Score is calculated?
A) An individual,s score is 100% if the resource request has a qualification with a specified proficiency and the resource does not have the qualification.
B) An individual,s score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification with a proficiency that is lower or higher than specified.
C) An individual,s score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification that meets the specified proficiency.
D) An individual,s score is 100% if the resource request has a qualification, but no proficiency is specified, and the resource has the qualification.
3. Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)
A) Dynamic
B) Flexfield
C) Job
D) Static
E) Position
4. You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for a billable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program's processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 0
Draft Invoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)
A) Amount Based
B) Percent Complete
C) Rate Based
D) As Incurred
5. You are currently involved in the implementation of the Project Financial Management solution for your client organization. Your client organization has two main lines of business: Consulting and Support. Consulting Services and Support Services organizations have different project planning, management, analysis and reporting requirements for the projects that they manage, though the management reporting and transaction processing requirements are the same for both the organizations.
What will be your recommendation?
A) Define One Business Unit and Three Project Units
B) Define Two Business Units and Two Project Units
C) Define Two Business Units and One Project Unit
D) Define One Business Unit and Two Project Units
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: D |








