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Oracle 1Z0-1057-23 Exam Syllabus Topics:

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

                          Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

                          1. Your organization has been awarded a new contract based on which you are allowed to sell:
                          Items not tracked in inventory
                          Inventory items
                          Services
                          Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

                          A) Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, project-based".
                          B) Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".
                          C) Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, project-based".
                          D) Create two contract lines with a line type each of "sell intent, item, project-based' and "subscription, project-based, sell".


                          2. You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule.

                          A) Time Off
                          B) Expenditure Type
                          C) Workday Patterns
                          D) Accounting Calendar
                          E) Exceptions


                          3. Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation?
                          Response:

                          A) Manage Project Plan Resource Assignment
                          B) Transfer Project
                          C) View Project Progress
                          D) Allocate Project Expense


                          4. 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 the best answer.)

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


                          5. Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statements about the periodic project labor demand.

                          A) Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
                          B) Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
                          C) Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
                          D) Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.


                          Solutions:

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

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