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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Question 1

You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task 30.
Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario.

A. Bill set number drives the grouping of transactions.
B. Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
C. Two invoices are created using the same contract.
D. Both the contract lines create only a single invoice because they are using the same contract.

Question 2

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. project
C. resource
D. project classification
E. expenditure item

Question 3

You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)

A. Allocate rental costs once each accounting period by using the "spread evenly" allocation method.
B. Define allocation basis by using Actual Amounts with a period-to-date amount class.
C. Define allocation basis by using Actual Amounts with a project-to-date amount class.
D. Allocate rental costs once each accounting period by using the "full" allocation method.
E. Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.

Question 4

Which three features are part of Oracle Fusion Functional Setup Manager?

A. updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
B. guided task list for end-to-end setup requirements
C. export and import services for setup data migration between environments
D. modifying an existing implementation project task list by selecting more functional areas when needed
E. feature opt-in for a best fit configuration

Question 5

Your organization has a requirement to send notifications to the owners of the associated tasks when the status of a deliverable is set to Complete. You have been asked to evaluate generate public events for project deliverable status changes feature to manage this requirement.
Which two statements are true about this feature?

A. The public event is not generated when a deliverable is created or deleted.
B. The public event is generated when the progress status for a deliverable changes.
C. The public event is not generated when the priority of a deliverable changes.
D. The public event is generated when a deliverable is created or deleted.

Solutions: