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Oracle 1Z0-1057-23 Exam Syllabus Topics:

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

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

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

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


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

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


3. Which three features are part of Oracle Fusion Functional Setup Manager?

A) updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
B) modifying an existing implementation project task list by selecting more functional areas when needed
C) guided task list for end-to-end setup requirements
D) feature opt-in for a best fit configuration
E) export and import services for setup data migration between environments


4. What are three configuration items that you need to set up by using the Project Organizations functional area in Project Financial Management configurations? (Choose three.)

A) Manage Project Unit Organizations
B) Manage Project Organization Classifications
C) Mange Business Unit
D) Manage Project Unit Options
E) Mange Project Types


5. Identify three correct statements about project types.
(Choose three.)
Response:

A) Classifications can be assigned at project type.
B) Project type can be associated with multiple project units.
C) Summarization options can be specified at project type.
D) Project type can be used as a source in subledger accounting.
E) Project type can be enabled for both billing and capitalization.


Solutions:

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

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