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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Project Management Cloud Setup and Configuration | - Project Types and Templates Configuration - Enterprise Project Structure (EPS) and Project Setup |
| Topic 2: Security and Data Access | - Project Security Configuration - Role-Based Access Control |
| Topic 3: Project Execution and Control | - Progress Tracking and Reporting - Resource Assignment and Utilization - Task Management and Scheduling |
| Topic 4: Reporting and Analytics | - Project Performance Reporting - OTBI and Dashboard Usage |
| Topic 5: Project Financial Management | - Budgeting and Forecasting - Cost Management and Control - Revenue Recognition Basics |
| Topic 6: Integration and Configuration | - Integration with Oracle Financials Cloud - Integration with Oracle HCM Cloud |
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
1. As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter. Identify the reason for this problem. (Choose the best answer.)
A) You can enable automatic reprocessing of expenditureitems processed before the burden schedule change.
B) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
C) All expenditure items charged to the task use the new burden schedule.
D) Only new expenditure items charged to the task use the new burden schedule; expenditure itemsprocessed earlier cannot be reprocessed.
2. Your customer has a requirement toimport and process third-party transactions that are "costed" and
"accounted".
Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)
A) Document Entry Options
B) Document Options
C) Import Options
D) Transaction Source Options
3. Whichthreeare part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?
A) Prepare setup data.
B) Import Projects.
C) Generate CSV files.
D) File Importand Export.
E) Upload setup data.
4. 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) Standard Unit Cost
C) Spread Evenly
D) Estimated Cost
E) Current Cost
5. Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)
A) If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.
B) If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
C) If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.
D) If the "Allow resource changes at project level" option is set to for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: A,C,E | Question # 4 Answer: E | Question # 5 Answer: D |



