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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Project Execution and Control | - Resource Assignment and Utilization - Task Management and Scheduling - Progress Tracking and Reporting |
| Topic 2: Project Management Cloud Setup and Configuration | - Enterprise Project Structure (EPS) and Project Setup - Project Types and Templates Configuration |
| Topic 3: Project Financial Management | - Budgeting and Forecasting - Revenue Recognition Basics - Cost Management and Control |
| Topic 4: Security and Data Access | - Project Security Configuration - Role-Based Access Control |
| Topic 5: Reporting and Analytics | - OTBI and Dashboard Usage - Project Performance Reporting |
| Topic 6: Integration and Configuration | - Integration with Oracle HCM Cloud - Integration with Oracle Financials Cloud |
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
Youare implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-chargetransactions happen between business units within the same legal entity.Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.
Identify two setups that can drive this borrowed and lent agreement. (Choosetwo.)
- A. Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
- B. Transfer price basis must beRaw Costand calculation method must beBasis Only.
- C. Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
- D. A document entry such asstraight time must be enabledfor cross-charge transactions.
Correct Answer: B,D 🗳️
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Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets basedon the construction-in-process cost of each asset.Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement. (Choose the best answer.)
- A. Actual Unit
- B. Estimated Cost
- C. Spread Evenly
- D. Current Cost
- E. Standard Unit Cost
Correct Answer: D 🗳️
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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 type exclusions on the Capitalized Interest rate name
- C. expenditure items whose costs are applied to a single asset or multiple assets
- D. expenditure type exclusions on the Capitalized Interest rate schedules
- E. expenditure items whose cost spreads across multiple assets that are capitalized
Correct Answer: C 🗳️
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Whichthreeare part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?
- A. Import Projects.
- B. Prepare setup data.
- C. File Importand Export.
- D. Upload setup data.
- E. Generate CSV files.
Correct Answer: B,D,E 🗳️
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Identify three correct statements about the integration of Primavera P6 Enterprise Project Portfolio Management and Oracle Project Portfolio Management Cloud. (Choose three.)
- A. Summarized actual quantity and cost flowfrom Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
- B. Event completion flowsfrom Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
- C. Billing events flow from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
- D. Project plans and progress flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
- E. Projects and task definitions flowfrom Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
Correct Answer: A,B,E 🗳️
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