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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Financial Management- Revenue Recognition Basics
- Cost Management and Control
- Budgeting and Forecasting
Topic 2: Project Execution and Control- Progress Tracking and Reporting
- Resource Assignment and Utilization
- Task Management and Scheduling
Topic 3: Integration and Configuration- Integration with Oracle HCM Cloud
- Integration with Oracle Financials Cloud
Topic 4: Security and Data Access- Role-Based Access Control
- Project Security Configuration
Topic 5: Project Management Cloud Setup and Configuration- Project Types and Templates Configuration
- Enterprise Project Structure (EPS) and Project Setup
Topic 6: Reporting and Analytics- OTBI and Dashboard Usage
- Project Performance Reporting

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. You are trying to create a custom infolet but are notable to find the "Create Infolet" option in the Infolet repository window. Whichtwosteps should be completed before you can access the "Create Infolet" option?

A) You must activatePage Composer.
B) You should be on the Project Custom Objects page.
C) You must be in anactive sandbox.
D) You should enable the "Create Infolet" option from the Personalize Springboard page.


2. Whichthreefile-based data imports are available for use in Oracle Project Portfolio Management Cloud?

A) Project Billing Events
B) Project Tasks
C) Project Budgets
D) Project Templates


3. You configure one OTBI using Project Cross Subject Area AnalysisReal Time. You notice that all measures (Budget, Forecast, Cost, Commitments, Revenue, and Invoice) are not available for Bill-To-Customer and Contract and Contract Line dimensions. Identify the reason for this behavior. (Choose the best answer.)

A) The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures.
B) TheBill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract Line dimensions do not apply to Revenue and Invoice measures.
C) The Bill-To-Customer dimension does not apply toInvoice measures, but the Contract and Contract Line dimensions apply only to Revenue and Invoice measures.
D) The Contract andContract Line dimensions apply only to Invoice measures.
E) The Bill-To-Customer dimension applies only to Revenue and Invoice measures.


4. As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resourcesprocess to create and update resources based on changes in HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers. (Choose the best answer.)

A) attributes that the project enterprise resources are assigned after creation
B) Person Type
C) Jobs
D) Pool Membership


5. Your organization has been awarded a new contract based on which you are allowedto sell:
* Items not tracked in inventory
* Inventory items
* Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

A) Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".
B) Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, project-based".
C) Create two contract lines with a line type each of "sell intent, item, project-based' and "subscription, project-based, sell".
D) Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, project-based


Solutions:

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

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