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Oracle 1z0-1057-24 Exam Syllabus Topics:

Topic
Details

Topic 1

Setting up Common Project Configuration: Targeting project configuration specialists, this section involves managing Subledger Accounting, setting up Project Financial Management Organizations, and managing Reference Data Sharing to ensure consistent and accurate financial reporting.

Topic 2

Configure Project Management: Aimed at project execution managers, this section describes common project execution components, managing issues and deliverables, project requirements, configuring social networks for project execution, managing project gates, and using Application Composer for project execution management to ensure seamless project operations.

Topic 3

Using Program Management: Targeting program managers, this section involves using program management and reporting tools to oversee multiple projects and ensure alignment with organizational objectives.

Topic 4

Configure Project Billing: Targeting billing specialists, this section involves configuring project cross-charging and transfer pricing, and managing project invoicing and revenue processes to ensure accurate and efficient billing operations.

Topic 5

Configure Project Resource Management: This section measures the skills of resource managers and focuses on defining project enterprise labor resources to optimize resource allocation and utilization.

Topic 6

Configure Project Foundation: This section assesses the skills of project foundation specialists and includes setting up project calendars and periods, defining types and categorizations, managing project resources, describing rate schedules, project types, setting up transaction sources, and managing labor schedules to establish a solid foundation for project management.

Topic 7

Using Functional Setup Manager: This section measures the skills of functional setup managers and focuses on understanding the Functional Setup Manager and the Rapid Implementation Workbook, which are essential for configuring and deploying Oracle Project Management Cloud applications.

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Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q29-Q34):

NEW QUESTION # 29
Which three are project gate statuses? (Choose three.)

A. Open
B. Closed
C. Approve
D. Draft
E. In Review

Answer: A,B,E

Explanation:
Project gate statuses are values that indicate the progress or completion of a project gate. A project gate is a checkpoint that marks the end of a phase or stage in a project lifecycle. Three of the project gate statuses are:
* Open: This status indicates that the project gate is not yet ready for review or approval.
* In Review: This status indicates that the project gate is under review or approval by the gate reviewers or approvers.
* Closed: This status indicates that the project gate has been reviewed or approved and the project can move to the next phase or stage. Approve and Draft are not project gate statuses, but actions that can be performed on a project gate. Approve is an action that allows a gate approver to approve a project gate and change its status to Closed. Draft is an action that allows a gate owner to create or edit a project gate and change its status to Open. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio- management/20c/oapfm/manage-project-execution.html#OAPFM2356251

NEW QUESTION # 30
Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources page.
An HCM person is included in a condition with a process order value of 1 and, additionally, there are three other conditions, all with a process order value of 10. Identify two correct statements about the Maintain Project Enterprise Labor Resources process as it relates to process order values. (Choose two.)

A. The process creates a resource by using the conditions with a process order value of 10 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
B. For the three conditions that have the same process order value of 10, the records are processed in ascending numeric order based on the condition name.
C. The process creates a resource by using the condition with a process order value of 1 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
D. For the three conditions that have the same process order value of 10, the records are processed in ascending alphabetic orderbased on the condition name.

Answer: C,D

NEW QUESTION # 31
Green House Corporation has decided to enable the budgetary control feature for their projects. At which two levels will they be able to enter the amounts in the budget versions for these projects?
(Choose two.)

A. Expenditure Category
B. Project
C. Task
D. Expenditure Type
E. Top resource

Answer: B,C

Explanation:
Budgetary control is a feature that allows you to monitor and control project costs against approved budgets.
You can enter the amounts in the budget versions for these projects at two levels: Task and Project. These levels correspond to the budgetary control levels that are defined for the project type. You can also view and compare the budget amounts and actual costs at these levels using reports and dashboards. Expenditure Type, Top Resource, and Expenditure Category are not levels at which you can enter the amounts in the budget versions for these projects. These are attributes that can be used to group and filter the budget and actual amounts for reporting purposes. Reference:https://docs.oracle.com/en/cloud/saas/project-portfolio- management/20c/oapfm/manage-project-budgets-and-forecasts.html#OAPFM2356191

NEW QUESTION # 32
Identify thethreecontract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)

A. Contract Line
B. Task
C. Expenditure Type
D. Projects
E. Contract Header

Answer: A,B,D

Explanation:
Reference: https://docs.oracle.com/cloud/farel9/projectcs_gs/FAUAR/F1537947AN10251.htm

NEW QUESTION # 33
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. Purchasing
B. Fixed Asset
C. Receipt Accounting
D. Payables

Answer: A,C,D

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-costing- configuration-define-project-costing-integrations.html#OAPFM3094605 Topic - Deriving Projects-Related Accounts

NEW QUESTION # 34
......

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