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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. 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 gives you the flexibility to set up different functional areas of the offering at different times.
C) Implementation Project helps you to use the manage setup data entry in bulk option.
D) Implementation Project helps you to monitor progress of the setup tasks.

2. A project administrator is trying to assign a team member for a project but cannot find the person in the team member list on the Project Definition page. What is the reason for this problem? (Choose the best answer.)

A) The employee is not assigned to a department.
B) The employee is not assigned to the project-owning organization.
C) Project roles are not assigned in the project.
D) The employee is not assigned with a supervisor.

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

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

4. Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statements about the periodic project labor demand.

A) Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
B) Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
C) Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
D) Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.

5. Which two statements are true about the borrowed and lent cross charge method?

A) This method allows you to process cross charge transactions across legal entities.
B) This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations
C) You must set up a contract business unit to use this method.
D) Internal Invoice is not generated with this method.

Solutions: