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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Project Management Cloud Overview and Common Configuration | 15% | - Configure enterprise settings, reference data sharing - Describe architecture and components - Set up calendars, periods, rate schedules, transaction sources - Manage security, roles, duties and user experience |
| Topic 2: Project Planning, Control and Forecasting | 15% | - Set up project controls and performance tracking - Define project budgets and forecasts - Manage project schedules and progress |
| Topic 3: Program Management and Reporting | 10% | - Set up programs and hierarchies - Configure project performance reporting and KPIs |
| Topic 4: Project Costing | 20% | - Configure cost collection, allocations, burdening - Integrate with Time and Labor - Set up budgetary controls and cost controls |
| Topic 5: Functional Setup Manager and Implementation | 10% | - Configure and manage implementation projects - Use Rapid Implementation Workbook |
| Topic 6: Project Billing and Revenue Management | 20% | - Set up revenue recognition and invoicing - Manage contract billing and revenue accounting - Configure cross-charging, transfer pricing |
| Topic 7: Resource Management | 10% | - Manage resource allocation and utilization - Configure enterprise resource setup |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
1. You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)
A) Define allocation basis by using Actual Amounts with a period-to-date amount class.
B) Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
C) Allocate rental costs once each accounting period by using the "full" allocation method.
D) Allocate rental costs once each accounting period by using the "spread evenly" allocation method.
E) Define allocation basis by using Actual Amounts with a project-to-date amount class.
2. Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation?
A) Manage Project Plan Resource Assignment
B) Transfer Project
C) View Project Progress
D) Allocate Project Expense
3. Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)
A) If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
B) If the "Allow resource changes at project level" option is set to No for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
C) If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.
D) If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.
4. Which three features are part of Oracle Fusion Functional Setup Manager?
A) export and import services for setup data migration between environments
B) feature opt-in for a best fit configuration
C) guided task list for end-to-end setup requirements
D) modifying an existing implementation project task list by selecting more functional areas when needed
E) updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
5. While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status.
A) You used View Tree Version in the action menu.
B) You opened the hierarchy by clicking the name.
C) You selected the Edit icon for opening the hierarchy.
D) You used Create Tree Version in the action menu.
E) You used Create Tree in the action menu.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: B |








