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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Project Management Cloud Overview and Common Configuration | 15% | - Manage security, roles, duties and user experience - Configure enterprise settings, reference data sharing - Set up calendars, periods, rate schedules, transaction sources - Describe architecture and components |
| 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 Billing and Revenue Management | 20% | - Set up revenue recognition and invoicing - Configure cross-charging, transfer pricing - Manage contract billing and revenue accounting |
| Topic 4: Program Management and Reporting | 10% | - Set up programs and hierarchies - Configure project performance reporting and KPIs |
| Topic 5: Resource Management | 10% | - Manage resource allocation and utilization - Configure enterprise resource setup |
| Topic 6: Project Planning, Control and Forecasting | 15% | - Set up project controls and performance tracking - Manage project schedules and progress - Define project budgets and forecasts |
| Topic 7: Functional Setup Manager and Implementation | 10% | - Configure and manage implementation projects - Use Rapid Implementation Workbook |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
Which two statements describe how the Resource Qualification Score is calculated?
- A. An individual,s score is 100% if the resource request has a qualification with a specified proficiency and the resource does not have the qualification.
- B. An individual,s score is 100% if the resource request has a qualification, but no proficiency is specified, and the resource has the qualification.
- C. An individual,s score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification with a proficiency that is lower or higher than specified.
- D. An individual,s score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification that meets the specified proficiency.
Correct Answer: B 🗳️
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Which precedence order is used by the system for labor schedules to distribute payroll cost?
- A. Element > Assignment Element > Assignment
- B. Assignment > Assignment Element > Element
- C. Assignment Element > Element > Assignment
- D. Assignment > Element > Assignment Element
Correct Answer: B 🗳️
Explanation: Only visible for DumpsReview members. You can sign-up / login (it's free).
Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)
- A. Remaining Plan
- B. Effort
- C. Cost
- D. Manual Entry
Correct Answer: B 🗳️
Explanation: Only visible for DumpsReview members. You can sign-up / login (it's free).
A consulting services company is currently working on a business transformation project for your client that spans over 10 months. The total contract amount is 250000 USD. They have generated a revenue of 25000 USD and an Invoice of 10000 USD at the end of the first period.
The accounting entry for revenue is:
and accounting entry for invoice is:
What will be the accounting entry when you reclassify the billing offset balances in the first period?
- A. Dr Accounts Receivables 10000 -
- B. Dr Deferred Revenue 10000 -
- C. Dr Accounts Receivables 10000 -
- D. Dr Unbilled Receivables 10000 -
Correct Answer: C 🗳️
Explanation: Only visible for DumpsReview members. You can sign-up / login (it's free).
When implementing Project Performance Reporting, your customer has the following requirements:
Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.
As long as a project cost is less than the threshold, the project should be shown as on-track.
Which threshold level rule is ideal for this kind of KPI definition? (Choose the best answer.)
- A. multiple threshold levels
- B. single threshold level value
- C. single threshold level range
- D. multiple threshold level value
Correct Answer: B 🗳️
Explanation: Only visible for DumpsReview members. You can sign-up / login (it's free).
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