] 1Z0-1057-23 Learning Materials: Oracle Project Management Cloud 2023 Implementation Professional - 1Z0-1057-23 Actual Lab Questions

Oracle Project Management Cloud 2023 Implementation Professional : 1Z0-1057-23

  • Exam Code: 1Z0-1057-23
  • Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
  • Updated: Aug 08, 2026
  • Q & A: 138 Questions and Answers

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionObjectives
Navigation, User Experience, Personalization, and Approvals- Manage approvals and workflows
  • 1. Set up notifications
  • 2. Configure approval tasks
- Describe user experience features
  • 1. Personalization options
  • 2. Navigation concepts
Project Management- Manage project execution
  • 1. Project gates
  • 2. Application Composer usage
  • 3. Project requirements
  • 4. Issues and deliverables
Project Resource Management- Configure resource management
  • 1. Enterprise labor resources
  • 2. Resource allocation
Program Management- Manage programs and reporting
  • 1. Program reporting
  • 2. Program setup
Project Management Overview- Describe the components of Oracle Project Management Cloud
  • 1. Understand project management architecture
  • 2. Explain available integrations
Functional Setup Manager- Configure implementation setup
  • 1. Rapid Implementation Workbook
  • 2. Functional Setup Manager usage
Applications Security- Manage security configuration
  • 1. Applications Security Console
  • 2. Roles and duties
Project Performance Reporting- Configure reporting and KPI tracking
  • 1. Performance KPIs
  • 2. Project reporting configuration
Project Control- Manage project planning and forecasting
  • 1. Project budgets
  • 2. Forecast management
Project Costing- Manage project costing configuration
  • 1. Budgetary controls
  • 2. Allocations
  • 3. Cost collection center
  • 4. Time and labor integration
  • 5. Burdening
Project Foundation- Configure foundational project structures
  • 1. Transaction sources
  • 2. Rate schedules
  • 3. Project calendars and periods
  • 4. Project resources
  • 5. Project types
Common Project Configuration- Configure enterprise project settings
  • 1. Subledger Accounting
  • 2. Project Financial Management organizations
  • 3. Reference data sharing
Project Billing- Configure project billing and revenue
  • 1. Revenue management
  • 2. Project invoicing
  • 3. Cross charging
  • 4. Transfer pricing

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. Your customer wants a project start date to cascade to the project tasks but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this. (Choose the best answer.)

A) Cascade change to the start date.
B) Do not cascade date changes.
C) Cascade change to the finish date.
D) Cascade change to the start date and the finish date.


2. You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)

A) Allocate rental costs once each accounting period by using the "spread evenly" allocation method.
B) Define allocation basis by using Actual Amounts with a project-to-date amount class.
C) Define allocation basis by using Actual Amounts with a period-to-date amount class.
D) Allocate rental costs once each accounting period by using the "full" allocation method.
E) Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.


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) Q
B) R
C) S
D) P


4. Your customer has a requirement to allow adjustment and reversals for transactions imported from an external expense entry system.
Which section on the Manage Project Transaction Sources page will allow you to enable these options?

A) Transaction Source
B) Documents
C) Transaction Entries
D) Document Entries


5. Your customer wants to perform billing based on the Percent Spent invoice method. Identify two setups that are required in project contracts for calculating invoice amounts as per their requirement.

A) billing events
B) bill plan
C) billing controls
D) invoice method
E) expenditure items


Solutions:

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

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