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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Portfolio Management with tasks and subtasks applicable to each of the phases of the project: Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works. Identify the two correct statements in this respect.

A) The association of a deliverable with a task is dependent on associating a requirement with a task.
B) A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
C) You associate a deliverable with a task, independent of associating a requirement with a task.
D) A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.

2. You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in Microsoft Projects.
Identify three conditions that must be met for exporting milestone tasks.
(Choose three.)
Response:

A) lowest-level tasks set up with non-zero duration
B) only one labor resource assignment with 0 effort
C) lowest-level tasks set up with zero duration
D) only one labor resource assignment with 100 effort
E) percent work complete values of 0 or 100 percent

3. You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitment for $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)

A) 800
B) 900
C) 1000
D) 600

4. You are currently involved in the implementation of the Project Financial Management solution for your client organization. Your client organization has two main lines of business: Consulting and Support. Consulting Services and Support Services organizations have different project planning, management, analysis and reporting requirements for the projects that they manage, though the management reporting and transaction processing requirements are the same for both the organizations.
What will be your recommendation?

A) Define Two Business Units and One Project Unit
B) Define One Business Unit and Three Project Units
C) Define Two Business Units and Two Project Units
D) Define One Business Unit and Two Project Units

5. You have been hired as a project manager for implementing the Project Financial Management and Project Execution Management offering by an organization. The Chief Information Officer of the deploying organization has requested you to explain the benefits of using the implementation project-based approach over the functional area-based approach.
Which two are the main benefits of using the implementation projects within Functional Setup Manager?

A) Implementation Project helps in assigning responsibility of managing setup data to a broad group of users.
B) Implementation Project helps you to monitor progress of the setup tasks.
C) Implementation Project gives you the flexibility to set up different functional areas of the offering at different times.
D) Implementation Project helps you to use the manage setup data entry in bulk option.

Solutions: