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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Integration and Configuration | - Integration with Oracle HCM Cloud - Integration with Oracle Financials Cloud |
| Project Financial Management | - Revenue Recognition Basics - Budgeting and Forecasting - Cost Management and Control |
| Project Management Cloud Setup and Configuration | - Enterprise Project Structure (EPS) and Project Setup - Project Types and Templates Configuration |
| Security and Data Access | - Project Security Configuration - Role-Based Access Control |
| Reporting and Analytics | - Project Performance Reporting - OTBI and Dashboard Usage |
| Project Execution and Control | - Task Management and Scheduling - Resource Assignment and Utilization - Progress Tracking and Reporting |
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
1. You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
AssociatedProject Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)
A) USD 134
B) USD 184
C) USD 120
D) USD 70
2. You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in MicrosoftProjects. Identify three conditions that must be met forexporting milestone tasks.( Choose three.)
A) only one labor resource assignment with 0 effort
B) only one labor resource assignment with 100 effort
C) lowest-level tasks set up with zero duration
D) percent work complete values of 0 or 100 percent
E) lowest-level tasks set up with non-zero duration
3. Which setup option is common to both financial and project plan types?
A) Enable the use of a workflow for managing budget or forecasting status changes.
B) Enable the entry of plan amounts in currencies other than the project currency.
C) Identify whether the plantype is the default selection when you create budget or forecast versions.
D) Manage the options for creating control budgets in Oracle Fusion Budgetary Control.
4. 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 thebest answer.)
A) P
B) Q
C) R
D) S
5. Identify three correct statements about project types. (Choose three.)
A) Summarization options can be specified at project type.
B) Project type can beenabled for both billing and capitaliz
C) Project type can be associated with multiple project units.
D) Project type can be usedas a source
E) Classifications can be assigned
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,C,D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: B,D,E |


