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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Project Costing | 20% | - Configure cost collection, allocations, burdening - Set up budgetary controls and cost controls - Integrate with Time and Labor |
| Topic 2: Resource Management | 10% | - Manage resource allocation and utilization - Configure enterprise resource setup |
| Topic 3: Functional Setup Manager and Implementation | 10% | - Configure and manage implementation projects - Use Rapid Implementation Workbook |
| Topic 4: Project Management Cloud Overview and Common Configuration | 15% | - Set up calendars, periods, rate schedules, transaction sources - Manage security, roles, duties and user experience - Describe architecture and components - Configure enterprise settings, reference data sharing |
| Topic 5: Program Management and Reporting | 10% | - Set up programs and hierarchies - Configure project performance reporting and KPIs |
| Topic 6: Project Planning, Control and Forecasting | 15% | - Manage project schedules and progress - Define project budgets and forecasts - Set up project controls and performance tracking |
| Topic 7: Project Billing and Revenue Management | 20% | - Set up revenue recognition and invoicing - Configure cross-charging, transfer pricing - Manage contract billing and revenue accounting |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
1. Which precedence order is used by the system for labor schedules to distribute payroll cost?
A) Assignment > Element > Assignment Element
B) Assignment > Assignment Element > Element
C) Assignment Element > Element > Assignment
D) Element > Assignment Element > Assignment
2. Which two are the workflows in Project Financial Management?
A) Expenditure Item Adjustment
B) Asset Line Generation
C) Project Status Change
D) Capital Interest Calculation
E) Burden Cost Recalculation
3. Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accounting close cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)
A) Daily Spread Basis
B) Back Loaded
C) Even
D) Bell Curve
E) S-Curve
4. Which three Cost Collection Flexfield core attributes can be derived during import if not explicitly entered in a transaction document? (Choose three.)
A) Billable Flag
B) Funding Source
C) Capitalizable Flag
D) Work Type
E) Expenditure Type
5. Which three setups can be configured by using Rapid Implementation for Project Financial Management Applications?
A) Project Class Categories
B) Work Type
C) Project Templates
D) Expenditure Types
E) Project Types
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: D |
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