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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Configure Project Billing
Topic 2: Applications Security Overview
Topic 3: Configure Project Costing
Topic 4: Configure Project Performance Reporting
Topic 5: Common Project Configuration
Topic 6: Configure Project Foundation
Topic 7: Project Management Overview
Topic 8: Configure Project Control
Topic 9: Configure Project Resource Management
Topic 10: Functional Setup Manager
Topic 11: Navigation, User Experience, Personalization and Approvals
Topic 12: Configure Project Management

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statementsabout the periodic project labor demand. (Choose two.)

  • A. Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
  • B. Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
  • C. Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
  • D. Labor Demand FTE is calculated as YearlyAllocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
Answer: B,D

Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).

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. (Choose two.)

  • A. expenditure items
  • B. billing events
  • C. billing controls
  • D. invoice method
  • E. bill plan
Answer: C,E

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Your customer has separate organizationsto maintain indirect, capital, and billing types of projects.
Identify the two setups that can be used to fulfill this requirement. (Choose two.)

  • A. Business Unit
  • B. Project Type
  • C. Project Accounting Business Function
  • D. Organization Tree
  • E. Project Organization Classification
Answer: D,E

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You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for abillable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program's processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 0
DraftInvoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)

  • A. Amount Based
  • B. Percent Complete
  • C. As Incurred
  • D. Rate Based
Answer: A

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Which three tools are available for accessing REST APIs?

  • A. Programming Language
  • B. Oracle Transactional Business Intelligence
  • C. Web Browser
  • D. cURL
Answer: A,C,D

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