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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Execution Management- Project Control
  • 1. Forecasts
  • 2. Budgets
  • 3. Performance Reporting
- Project Planning
  • 1. Resource Assignments
  • 2. Task Management
  • 3. Work Plans
Topic 2: Project Financial Management Setup- Financial Structures
  • 1. Expenditure Types
  • 2. Transaction Sources
  • 3. Expenditure Categories
- Project Types and Templates
  • 1. Project Statuses
  • 2. Project Roles
  • 3. Project Classes
Topic 3: Resource Management- Resource Structures
  • 1. Resource Calendars
  • 2. Resource Requests
  • 3. Project Staffing
Topic 4: Project Foundation Setup- Project Units
  • 1. Implementation Options
  • 2. Business Units
  • 3. Reference Data Sets
Topic 5: Project Billing and Revenue Management- Contract and Billing Setup
  • 1. Billing Events
  • 2. Invoice Generation
  • 3. Revenue Recognition
Topic 6: Project Cost Management- Cost Collection and Processing
  • 1. Supplier Cost Processing
  • 2. Expense Management Integration
  • 3. Cost Transactions
- Cross-Charge Processing
  • 1. Borrowed and Lent Transactions
  • 2. Transfer Pricing
Topic 7: Security and Implementation Tools- Implementation Utilities
  • 1. Setup Data Migration
  • 2. Rapid Implementation Spreadsheets
  • 3. Functional Setup Manager
- Security Configuration
  • 1. Project Roles
  • 2. Data Access Security

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. 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 thebest answer.)

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


2. Whichthreeare part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?

A) Prepare setup data.
B) File Importand Export.
C) Import Projects.
D) Upload setup data.
E) Generate CSV files.


3. Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certainnumber of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)

A) time calculation rules
B) time audit rules
C) time entry rules
D) project time validation rules


4. Youare implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-chargetransactions happen between business units within the same legal entity.Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.
Identify two setups that can drive this borrowed and lent agreement. (Choosetwo.)

A) Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
B) A document entry such asstraight time must be enabledfor cross-charge transactions.
C) Transfer price basis must beRaw Costand calculation method must beBasis Only.
D) Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.


5. 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 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.


Solutions:

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

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