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Oracle 1Z0-1057-21 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Project Management Cloud 2021 Implementation Essentials
Exam Number:1Z0-1057-21
Certificate Validity Period:Oracle Cloud Certifications are typically valid for the corresponding product release cycle
Exam Price:USD 245
Related Certifications:Oracle Project Management Cloud 2021 Certified Implementation Specialist
Available Languages:English
Exam Duration:90 minutes
Exam Format:Multiple Choice, Multiple Answer
Real Exam Qty:55
Passing Score:60%
Sample Questions:Oracle 1Z0-1057-21 Sample Questions
Exam Way:Online Proctored Exam or Pearson VUE Test Center
Pre Condition:Oracle recommends implementation experience with Oracle Project Management Cloud solutions. No mandatory prerequisite exam required.
Official Syllabus URL:https://education.oracle.com/oracle-project-management-cloud-2021-implementation-essentials/pexam_1Z0-1057-21

Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Project Billing and Revenue Management- Contract and Billing Setup
  • 1. Invoice Generation
  • 2. Billing Events
  • 3. Revenue Recognition
Project Cost Management- Cross-Charge Processing
  • 1. Borrowed and Lent Transactions
  • 2. Transfer Pricing
- Cost Collection and Processing
  • 1. Expense Management Integration
  • 2. Cost Transactions
  • 3. Supplier Cost Processing
Project Financial Management Setup- Project Types and Templates
  • 1. Project Roles
  • 2. Project Statuses
  • 3. Project Classes
- Financial Structures
  • 1. Transaction Sources
  • 2. Expenditure Types
  • 3. Expenditure Categories
Project Execution Management- Project Planning
  • 1. Task Management
  • 2. Work Plans
  • 3. Resource Assignments
- Project Control
  • 1. Budgets
  • 2. Performance Reporting
  • 3. Forecasts
Resource Management- Resource Structures
  • 1. Resource Requests
  • 2. Resource Calendars
  • 3. Project Staffing
Security and Implementation Tools- Implementation Utilities
  • 1. Rapid Implementation Spreadsheets
  • 2. Functional Setup Manager
  • 3. Setup Data Migration
- Security Configuration
  • 1. Project Roles
  • 2. Data Access Security
Project Foundation Setup- Project Units
  • 1. Implementation Options
  • 2. Reference Data Sets
  • 3. Business Units

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Question #1

Your customer wants a projectstart date to cascade to the project tasks but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this.(Choose the best answer.)

  • A. Do not cascadedate changes.
  • B. Cascade change to the start date and the finish date.
  • C. Cascade change to the finish date.
  • D. Cascade change to the start date.
Answer: D

Explanation: Only visible for Actual4Cert members. You can sign-up / login (it's free).

Question #2

Your customer wants to generate accounting based on project information associated with the transaction for all subledger transactions. Identify three subledger applications for which the project source is available for deriving accounts when configuring subledger accounting. (Choose three.)

  • A. Payables
  • B. Purchasing
  • C. Fixed Asset
  • D. Receipt Accounting
Answer: A,B,D

Explanation: Only visible for Actual4Cert members. You can sign-up / login (it's free).

Question #3

Whichthreesetups can be configured by using Rapid Implementation for Project Financial Management Applications?

  • A. Project Types
  • B. Departments
  • C. Project Templates
  • D. Expenditure Types
Answer: A,B,D
Question #4

You search for resources to fulfill a project resource request but are unable to proceed after receiving the following error message: "Thesearch for resources cannot be completed because the project resource search index is not available. Contact your help desk." Identify the cause for this error message. (Choose the best answer.)

  • A. The index has been built.
  • B. The index is not in the process.
  • C. The index is in the process of being updated.
  • D. The most recent update of the index finished successfully.
Answer: C

Explanation: Only visible for Actual4Cert members. You can sign-up / login (it's free).

Question #5

Your customer has implemented Oracle Project Portfolio Management Cloud recently and they have hired new employees for their Professions Services business. These employees are set up in Oracle Human Capital Management Cloud, but the Project Administrators are unable to add them as resources in the Planning Resource Breakdown Structure.
What are three conditions for new employees to show up in the list? (Choose three.)

  • A. All new employees created as persons must have an active supervisor.
  • B. All new employees created as personsmust have an active assignment.
  • C. Allnew employees created as personsmust be assigned to a department.
  • D. Current date is before the effective date of the resource, and you did not enable the "Include people with future-dated effective start dates" option during the search.
  • E. All new employees created as persons must have an active project role.
Answer: B,C,D

Explanation: Only visible for Actual4Cert members. You can sign-up / login (it's free).

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