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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionWeightObjectives
Project Billing and Revenue Management20%- Manage contract billing and revenue accounting
- Set up revenue recognition and invoicing
- Configure cross-charging, transfer pricing
Project Costing20%- Set up budgetary controls and cost controls
- Configure cost collection, allocations, burdening
- Integrate with Time and Labor
Functional Setup Manager and Implementation10%- Configure and manage implementation projects
- Use Rapid Implementation Workbook
Project Planning, Control and Forecasting15%- Set up project controls and performance tracking
- Define project budgets and forecasts
- Manage project schedules and progress
Project Management Cloud Overview and Common Configuration15%- Set up calendars, periods, rate schedules, transaction sources
- Configure enterprise settings, reference data sharing
- Describe architecture and components
- Manage security, roles, duties and user experience
Program Management and Reporting10%- Set up programs and hierarchies
- Configure project performance reporting and KPIs
Resource Management10%- Configure enterprise resource setup
- Manage resource allocation and utilization

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create and update resources based on changes in HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers. (Choose the best answer.)

A) Pool Membership
B) Jobs
C) attributes that the project enterprise resources are assigned after creation
D) Person Type


2. Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)

A) Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate
B) Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule
C) Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule
D) Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule
E) Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule


3. 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 the best answer.)

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


4. Which step within the functional setup manager helps you to move your verified setup data from the test environment to a production environment?

A) Planning
B) Maintaining
C) Deploying
D) Setting Up
E) Opting In


5. Your business user has created a purchase order (PO) that has the following attributes:
Accrue at Receipt = Yes
Matching Option = 2 way
Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the "Import and Process Cost transactions" ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as "Oracle Payables". The user notices that there is no cost transferred to the projects. Identify two reasons for this problem.

A) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.
B) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.
C) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.
D) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.


Solutions:

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

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