Oracle Project Management Cloud 2023 Implementation Professional: 1Z0-1057-23 Exam


"Oracle Project Management Cloud 2023 Implementation Professional", also known as 1Z0-1057-23 exam, is a Oracle Certification. With the complete collection of questions and answers, ExamcollectionPass has assembled to take you through 138 Q&As to your 1Z0-1057-23 Exam preparation. In the 1Z0-1057-23 exam resources, you will cover every field and category in Project Financials Management Cloud Certification helping to ready you for your successful Oracle Certification.

  • Exam Code: 1Z0-1057-23
  • Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
  • Total Questions: 138

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionObjectives
Security and Integration- Access control and roles
  • 1. Project security model
    • 2. Integration with ERP modules
      Project Management Cloud Fundamentals- Oracle Project Management Cloud overview
      • 1. Core capabilities and architecture
        • 2. Integration with Oracle Cloud ERP
          Project Execution and Control- Managing project execution
          • 1. Issue and change management
            • 2. Progress tracking and updates
              Financial Management and Reporting- Project financial tracking
              • 1. Budgeting and cost control
                • 2. Revenue and billing integration
                  Project Planning and Scheduling- Work breakdown structure (WBS)
                  • 1. Scheduling methods and constraints
                    • 2. Task planning and dependencies
                      Project Setup and Configuration- Enterprise project structure setup
                      • 1. Project units and business units
                        • 2. Project templates and defaults

                          Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

                          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) target percentage and spread evenly
                          B) prorate
                          C) spread evenly
                          D) target percentage and prorate


                          2. Which precedence order is used by the system for labor schedules to distribute payroll cost?

                          A) Assignment > Element > Assignment Element
                          B) Assignment > Assignment Element > Element
                          C) Element > Assignment Element > Assignment
                          D) Assignment Element > Element > Assignment


                          3. You are set up as a Follower in Manage Tasks. Which two abilities can you accomplish?

                          A) Edit task details.
                          B) Enter progress for tasks.
                          C) View task details and the task activity stream.
                          D) Receive email notifications about changes that team members make to a task.


                          4. Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

                          A) Dynamic
                          B) Position
                          C) Job
                          D) Flexfield
                          E) Static


                          5. Your organization has decided to enable the common accounting and project accounting periods option while defining business unit implementation options.
                          Where will you maintain the accounting period statuses if this option has been enabled?

                          A) Project Costing
                          B) Subledger Accounting
                          C) Project Foundation
                          D) General Ledger


                          Solutions:

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

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