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Oracle 1Z0-1057-23 Exam Syllabus Topics:

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

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

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


2. Stigma consulting has been hired by a client to implement Project Management Cloud. Which role should they assign to a user for using the rapid implementation feature to set up the Project Financial Management offering by populating and uploading a Microsoft Excel workbook?

A) Project Application Administrator
B) Project Executive
C) Project Administrator
D) Project Integration Specialist


3. Which component of performance measures allows you to select the method that is used to measure accounts such as budget, forecast, and actual?

A) Accounts Member
B) Category Member
C) Scenario Member
D) Time Member


4. Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management.

A) project classification
B) project
C) project plan type
D) expenditure item
E) resource


5. Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. (Choose two)

A) Use the predefined S-Curve spread with small deviations on the spread points.
B) Use the predefined Bell Curve spread with small deviations on the spread points.
C) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
D) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.


Solutions:

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

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