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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Resource Management | 10% | - Configure enterprise resource setup - Manage resource allocation and utilization |
| Project Management Cloud Overview and Common Configuration | 15% | - Manage security, roles, duties and user experience - Configure enterprise settings, reference data sharing - Describe architecture and components - Set up calendars, periods, rate schedules, transaction sources |
| Functional Setup Manager and Implementation | 10% | - Use Rapid Implementation Workbook - Configure and manage implementation projects |
| Project Costing | 20% | - Set up budgetary controls and cost controls - Integrate with Time and Labor - Configure cost collection, allocations, burdening |
| Project Planning, Control and Forecasting | 15% | - Manage project schedules and progress - Set up project controls and performance tracking - Define project budgets and forecasts |
| Project Billing and Revenue Management | 20% | - Set up revenue recognition and invoicing - Configure cross-charging, transfer pricing - Manage contract billing and revenue accounting |
| Program Management and Reporting | 10% | - Set up programs and hierarchies - Configure project performance reporting and KPIs |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
1. 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) Back Loaded
B) Even
C) Bell Curve
D) S-Curve
E) Daily Spread Basis
2. 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) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
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 the resource class.
D) Use the predefined S-Curve spread with small deviations on the spread points.
3. Identify three purposes for which the project resource search index is used. (Choose three.)
A) Display resource details
B) Calculate Resources Availability Scores
C) Calculate Resource Qualification Scores
D) Provide absence details for resources
E) Filter counts while you search for resources
4. You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task 30.
Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario.
A) Two invoices are created using the same contract.
B) Both the contract lines create only a single invoice because they are using the same contract.
C) Bill set number drives the grouping of transactions.
D) Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
5. In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)
A) common costs on the project/task
B) expenditure items whose cost spreads across multiple assets that are capitalized
C) expenditure items whose costs are applied to a single asset or multiple assets
D) expenditure type exclusions on the Capitalized Interest rate name
E) expenditure type exclusions on the Capitalized Interest rate schedules
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: B |




