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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Project Billing and Revenue Management | 20% | - Configure cross-charging, transfer pricing - Set up revenue recognition and invoicing - Manage contract billing and revenue accounting |
| Topic 2: Project Costing | 20% | - Set up budgetary controls and cost controls - Integrate with Time and Labor - Configure cost collection, allocations, burdening |
| Topic 3: Project Management Cloud Overview and Common Configuration | 15% | - Describe architecture and components - Configure enterprise settings, reference data sharing - Set up calendars, periods, rate schedules, transaction sources - Manage security, roles, duties and user experience |
| Topic 4: Functional Setup Manager and Implementation | 10% | - Use Rapid Implementation Workbook - Configure and manage implementation projects |
| Topic 5: Project Planning, Control and Forecasting | 15% | - Define project budgets and forecasts - Set up project controls and performance tracking - Manage project schedules and progress |
| Topic 6: Resource Management | 10% | - Configure enterprise resource setup - Manage resource allocation and utilization |
| Topic 7: Program Management and Reporting | 10% | - Configure project performance reporting and KPIs - Set up programs and hierarchies |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
1. Which data format is supported by SOAP Web services to establish communication between web services consumers and web services providers?
A) CSV
B) XLSX
C) XML
D) JSON
2. 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) View Project Progress
D) Transfer Project
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 Yes for the RBS, the new resources are available automatically at project level.
D) 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.
4. Which product offering simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud?
A) Enterprise Contract Management
B) Project Control
C) Project Billing
D) Project Costing
5. Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)
A) Flexfield
B) Job
C) Position
D) Static
E) Dynamic
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: D |
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