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Oracle 1Z0-1057-23 Exam Syllabus Topics:

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

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

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, but no proficiency is specified, and the resource has the qualification.
  • 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 with a specified proficiency and the resource has the qualification with a proficiency that is lower or higher than specified.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).

Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management.

  • A. project classification
  • B. project
  • C. project plan type
  • D. expenditure item
  • E. resource
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).

Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets based on the construction-in-process cost of each asset. Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement. (Choose the best answer.)

  • A. Estimated Cost
  • B. Standard Unit Cost
  • C. Spread Evenly
  • D. Current Cost
  • E. Actual Unit
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).

Your client has decided to import time cards into Project Costing from Oracle Fusion Time and Labor. They have a requirement to make adjustments to time card entries whenever needed.
In which work area will the employees and contingent workers be able to modify their time cards?

  • A. Both Time and Cost
  • B. Asset
  • C. Cost
  • D. Time
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).

You want to create a few project roles so as to restrict access in the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement?

  • A. Project Manager - Security based on Project Assignment
  • B. Project Accountant - Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
  • C. Project Billing Specialist - Security based on Contract BU
  • D. Project Executive - Security based on Project Hierarchy
  • E. Project Team Member - Security based on Project Assignment
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).

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