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Oracle Project Financials Management Cloud 1Z0-1057-23

1Z0-1057-23

Exam Code: 1Z0-1057-23

Exam Name: Oracle Project Management Cloud 2023 Implementation Professional

Updated: Jul 29, 2026

Q & A: 138 Questions and Answers

1Z0-1057-23 Free Demo download:

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionObjectives
Project Performance Reporting- Configure reporting and KPI tracking
  • 1. Performance KPIs
  • 2. Project reporting configuration
Project Control- Manage project planning and forecasting
  • 1. Project budgets
  • 2. Forecast management
Program Management- Manage programs and reporting
  • 1. Program setup
  • 2. Program reporting
Project Billing- Configure project billing and revenue
  • 1. Revenue management
  • 2. Transfer pricing
  • 3. Project invoicing
  • 4. Cross charging
Project Costing- Manage project costing configuration
  • 1. Allocations
  • 2. Cost collection center
  • 3. Burdening
  • 4. Budgetary controls
  • 5. Time and labor integration
Project Management Overview- Describe the components of Oracle Project Management Cloud
  • 1. Understand project management architecture
  • 2. Explain available integrations
Applications Security- Manage security configuration
  • 1. Roles and duties
  • 2. Applications Security Console
Project Foundation- Configure foundational project structures
  • 1. Rate schedules
  • 2. Project resources
  • 3. Project types
  • 4. Transaction sources
  • 5. Project calendars and periods
Project Resource Management- Configure resource management
  • 1. Enterprise labor resources
  • 2. Resource allocation
Functional Setup Manager- Configure implementation setup
  • 1. Rapid Implementation Workbook
  • 2. Functional Setup Manager usage
Navigation, User Experience, Personalization, and Approvals- Manage approvals and workflows
  • 1. Configure approval tasks
  • 2. Set up notifications
- Describe user experience features
  • 1. Personalization options
  • 2. Navigation concepts
Common Project Configuration- Configure enterprise project settings
  • 1. Subledger Accounting
  • 2. Project Financial Management organizations
  • 3. Reference data sharing
Project Management- Manage project execution
  • 1. Issues and deliverables
  • 2. Project gates
  • 3. Application Composer usage
  • 4. Project requirements

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. Which five steps are required for the File-Based Data Import Integration option?

A) Validate the sheet using the Validate option.
B) Run Process to transfer data to interface tables.
C) Download an Excel template.
D) Install an Excel add-in.
E) Populate the spreadsheet with data and generate a CSV file.
F) Import data into various applications.
G) Upload the file to the server.


2. When implementing Project Performance Reporting, your customer has the following requirements:
Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.
As long as a project cost is less than the threshold, the project should be shown as on-track.
Which threshold level rule is ideal for this kind of KPI definition? (Choose the best answer.)

A) multiple threshold levels
B) multiple threshold level value
C) single threshold level value
D) single threshold level range


3. Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)

A) Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule
B) Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule
C) Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule
D) Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate
E) Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule


4. Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources. After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost amounts associated with the resources, you suspect that the cost association does not match your client''s expectations. Identify two valid rules based on which cost association works.

A) If a transaction maps to more than one level, Oracle PPM Cloud sums the precedence numbers for all resource type in the branch and gives precedence to the resource element in the branch with the highest sum.
B) If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
C) If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with the lowest number at the lowest level.
D) If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.


5. As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create and update resources based on changes in HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers. (Choose the best answer.)

A) Jobs
B) Pool Membership
C) attributes that the project enterprise resources are assigned after creation
D) Person Type


Solutions:

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

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