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Oracle 1Z0-1057-23 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Project Management Cloud 2023 Implementation Professional |
| Exam Number: | 1Z0-1057-23 |
| Available Languages: | English |
| Certificate Validity Period: | 18 months |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 50 |
| Exam Format: | Multiple Choice |
| Exam Price: | $245 USD |
| Related Certifications: | Oracle Project Management Cloud Implementation Professional |
| Passing Score: | 68% |
| Recommended Training: | Become a Certified Project Management Cloud Implementer |
| Exam Registration: | Oracle University Pearson VUE |
| Sample Questions: | Oracle 1Z0-1057-23 Sample Questions |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No formal prerequisites; recommended hands-on experience with Oracle Project Management Cloud |
| Official Syllabus URL: | https://education.oracle.com/oracle-project-management-cloud-2023-implementation-professional/pexam_1Z0-1057-23 |
Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Program Management and Reporting | 10% | - Set up programs and hierarchies - Configure project performance reporting and KPIs |
| Topic 2: Resource Management | 10% | - Manage resource allocation and utilization - Configure enterprise resource setup |
| Topic 3: Project Management Cloud Overview and Common Configuration | 15% | - Describe architecture and components - Configure enterprise settings, reference data sharing - Manage security, roles, duties and user experience - Set up calendars, periods, rate schedules, transaction sources |
| Topic 4: Project Billing and Revenue Management | 20% | - Set up revenue recognition and invoicing - Configure cross-charging, transfer pricing - Manage contract billing and revenue accounting |
| Topic 5: Functional Setup Manager and Implementation | 10% | - Use Rapid Implementation Workbook - Configure and manage implementation projects |
| Topic 6: Project Planning, Control and Forecasting | 15% | - Set up project controls and performance tracking - Define project budgets and forecasts - Manage project schedules and progress |
| Topic 7: Project Costing | 20% | - Integrate with Time and Labor - Set up budgetary controls and cost controls - Configure cost collection, allocations, burdening |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
1. Which step within the functional setup manager helps you to move your verified setup data from the test environment to a production environment?
A) Deploying
B) Opting In
C) Maintaining
D) Setting Up
E) Planning
2. Which three are project gate statuses? (Choose three.)
A) In Review
B) Draft
C) Closed
D) Approve
E) Open
3. 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 statements about the periodic project labor demand.
Response:
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 Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
C) Labor Demand FTE is calculated as Quaterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
D) Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
4. Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management.
A) project plan type
B) resource
C) expenditure item
D) project classification
E) project
5. Identify the valid approval group type applicable to Oracle Project Financial Management Cloud.
(Choose the best answer.)
Response:
A) Job
B) Position
C) Static
D) Dynamic
E) Flexfield
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: B,C | Question # 4 Answer: E | Question # 5 Answer: C,D |
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