- Exam Code: 1Z0-1057-23
- Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
- Certification Provider: Oracle
- Corresponding Certification:Project Financials Management Cloud
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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Project Planning, Control and Forecasting | 15% | - Set up project controls and performance tracking - Manage project schedules and progress - Define project budgets and forecasts |
| Project Billing and Revenue Management | 20% | - Manage contract billing and revenue accounting - Set up revenue recognition and invoicing - Configure cross-charging, transfer pricing |
| Program Management and Reporting | 10% | - Configure project performance reporting and KPIs - Set up programs and hierarchies |
| Resource Management | 10% | - Configure enterprise resource setup - Manage resource allocation and utilization |
| Project Costing | 20% | - Configure cost collection, allocations, burdening - Integrate with Time and Labor - Set up budgetary controls and cost controls |
| Functional Setup Manager and Implementation | 10% | - Use Rapid Implementation Workbook - Configure and manage implementation projects |
| Project Management Cloud Overview and Common Configuration | 15% | - Manage security, roles, duties and user experience - Describe architecture and components - Set up calendars, periods, rate schedules, transaction sources - Configure enterprise settings, reference data sharing |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
1. Identify three purposes for which the project resource search index is used. (Choose three.)
A) Calculate Resource Qualification Scores
B) Display resource details
C) Filter counts while you search for resources
D) Provide absence details for resources
E) Calculate Resources Availability Scores
2. Where should you specify the Default Capitalized Interest Rate Schedule?
A) Manage Capitalized Interest Rate Schedules page
B) Manage Expenditure Type page
C) Manage Project Plan Type page
D) Manage Project Type page
E) Manage Capitalized Interest Rates page
3. Identify three correct statements about project types.
(Choose three.)
Response:
A) Project type can be associated with multiple project units.
B) Summarization options can be specified at project type.
C) Classifications can be assigned at project type.
D) Project type can be used as a source in subledger accounting.
E) Project type can be enabled for both billing and capitalization.
4. Stigma consulting has been hired by a client to implement Project Management Cloud. Which role should they assign to a user for using the rapid implementation feature to set up the Project Financial Management offering by populating and uploading a Microsoft Excel workbook?
A) Project Executive
B) Project Integration Specialist
C) Project Application Administrator
D) Project Administrator
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: C | Question # 3 Answer: A,D,E | Question # 4 Answer: B | Question # 5 Answer: D |
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