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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Integration and Configuration- Integration with Oracle Financials Cloud
- Integration with Oracle HCM Cloud
Project Execution and Control- Task Management and Scheduling
- Progress Tracking and Reporting
- Resource Assignment and Utilization
Project Management Cloud Setup and Configuration- Enterprise Project Structure (EPS) and Project Setup
- Project Types and Templates Configuration
Project Financial Management- Revenue Recognition Basics
- Cost Management and Control
- Budgeting and Forecasting
Security and Data Access- Project Security Configuration
- Role-Based Access Control
Reporting and Analytics- Project Performance Reporting
- OTBI and Dashboard Usage

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer has the following setups onthe project plan type that they are using for their projects:
Use Task Planned Dates as Task Assignment Dates = Yes
Automatically Roll Up Task Planned Dates = Yes
Synchronize Task Transaction Dates with Planned Dates = No
With these setups in place, youperform the following actions:
1. Create a new subtask (Sub Task 1) with a start date of 15-Jun-2016 on the project that has as start date of
01-Jul-2016.
2. Create another new subtask (Sub Task 2) after the previous action is saved.
What would thecorrect behavior of the application be after these actions? (Choose the best answer.)

A) After the creation andsaving of Sub Task 1, Task Start Date would be changed to 01-Jul-2016 and Sub Task 2 would be created with 01-Jul-2016.
B) Project Start Date would remain unchanged as 01-Jul-2016 for both actions but the start dates on both subtasks would remain 15-Jun-2016.
C) After the creation of Sub Task 1, Project Start Date would be changed to 15-Jun-2016 and Sub Task 2 would be created with 15-Jun-2016.
D) After the creation of Sub Task 1, Project Start Date would remain unchanged as 01-Jul-2016 and Sub Task 2 would be created with 15-Jun-2016.


2. Which three tools are available for accessing REST APIs?

A) cURL
B) Oracle Transactional Business Intelligence
C) Web Browser
D) Programming Language


3. After completing setups in a source environment, your customer wants to move the setup data to a target environment. Identify the two statements related to task listscope, which you must consider before taking a decision based on the customer requirement. (Choose two.)

A) Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.
B) Exported setup data can befiltered by specific scope valuesif the business object has scope enabled for the setup data export.
C) A scope value is used to assign users who can perform a task within an implementation project.
D) A task list can besegmented by a scope valueand a task can be performed for each qualifying value of the selected object.


4. You want tocreate a few project roles so as to restrict accessin the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (

A) Project Executive- Security basedon Project Hierarchy
B) Project Team Member- Security based on Project Assignment
C) Project Manager- Security based on Project Assignment
D) Project Billing Specialist- Security based on Contract BU
E) Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue


5. Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

A) Dynamic
B) Static
C) Job
D) Position
E) Flexfield


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A,C,D
Question # 3
Answer: B,D
Question # 4
Answer: B,C
Question # 5
Answer: B

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