Oracle Project Management Cloud 2021 Implementation Essentials: 1Z0-1057-21 Exam

"Oracle Project Management Cloud 2021 Implementation Essentials", also known as 1Z0-1057-21 exam, is a Oracle Certification. With the complete collection of questions and answers, BraindumpsPass has assembled to take you through 93 Q&As to your 1Z0-1057-21 Exam preparation. In the 1Z0-1057-21 exam resources, you will cover every field and category in Project Financials Management Cloud Certification helping to ready you for your successful Oracle Certification.

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  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Certification Provider: Oracle
  • Corresponding Certification: Project Financials Management Cloud
  • Updated: Aug 01, 2026
  • No. of Questions: 93 Questions & Answers with Testing Engine
  • Download Limit: Unlimited

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Integration and Configuration- Integration with Oracle Financials Cloud
- Integration with Oracle HCM Cloud
Project Management Cloud Setup and Configuration- Enterprise Project Structure (EPS) and Project Setup
- Project Types and Templates Configuration
Project Financial Management- Revenue Recognition Basics
- Cost Management and Control
- Budgeting and Forecasting
Project Execution and Control- Resource Assignment and Utilization
- Task Management and Scheduling
- Progress Tracking and Reporting
Security and Data Access- Role-Based Access Control
- Project Security Configuration
Reporting and Analytics- Project Performance Reporting
- OTBI and Dashboard Usage

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. You haveprojects and tasks defined with transaction controls, which does not allow certain types of charges to the project. Your business needs to create invoices in AP with this project every period and hence would like to make the process easier by creating a distribution set. As you create the distribution set, you notice that thesedistribution set lines are not validated against the project transaction controlsand you are allowed to save it without any validation errors. Identify the why the project transaction controls are not applied. ( Choose the best answer.)

A) There is no expenditure type information available on the distribution set line.
B) There is noexpenditure item dateinformation available on the distribution set line.
C) The account code combination is not available on the distribution set line.
D) There is no expenditure organization information available on the distribution set line.


2. You have four resources in your organization: P, Q,R, and S.
Resource P - Project or resource calendar is active.
Resource Q - Project resource request dates are within the project or resource calendar effective dates.
Resource R - Resource calendar is complex, it does not contain seven days, and it contains more than one pattern and shift.
Resource S - Number of working days within the requested date range is not zero on the project or resource calendar.
Identify the resource for whom Resource Availability Capacity Score will not be calculated. (Choose thebest answer.)

A) P
B) S
C) Q
D) R


3. You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitmentfor $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)

A) 1000
B) 600
C) 800
D) 900


4. While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)

A) project organization
B) project classification
C) project type
D) project unit


5. Your customer has the following setups onthe project plan type that they are using for their projects:
Use Task Planned Dates as Task Assignment Dates = Yes
Automatically Roll Up Task Planned Dates = Yes
Synchronize Task Transaction Dates with Planned Dates = No
With these setups in place, youperform the following actions:
1. Create a new subtask (Sub Task 1) with a start date of 15-Jun-2016 on the project that has as start date of
01-Jul-2016.
2. Create another new subtask (Sub Task 2) after the previous action is saved.
What would thecorrect behavior of the application be after these actions? (Choose the best answer.)

A) Project Start Date would remain unchanged as 01-Jul-2016 for both actions but the start dates on both subtasks would remain 15-Jun-2016.
B) After the creation of Sub Task 1, Project Start Date would be changed to 15-Jun-2016 and Sub Task 2 would be created with 15-Jun-2016.
C) After the creation andsaving of Sub Task 1, Task Start Date would be changed to 01-Jul-2016 and Sub Task 2 would be created with 01-Jul-2016.
D) After the creation of Sub Task 1, Project Start Date would remain unchanged as 01-Jul-2016 and Sub Task 2 would be created with 15-Jun-2016.


Solutions:

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

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