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Oracle Project Management Cloud 2021 Implementation Essentials : 1Z0-1057-21

1Z0-1057-21
  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Jul 25, 2026
  • Q & A: 93 Questions and Answers
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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Management Cloud Setup and Configuration- Project Types and Templates Configuration
- Enterprise Project Structure (EPS) and Project Setup
Topic 2: Integration and Configuration- Integration with Oracle Financials Cloud
- Integration with Oracle HCM Cloud
Topic 3: Project Execution and Control- Resource Assignment and Utilization
- Task Management and Scheduling
- Progress Tracking and Reporting
Topic 4: Security and Data Access- Role-Based Access Control
- Project Security Configuration
Topic 5: Project Financial Management- Cost Management and Control
- Budgeting and Forecasting
- Revenue Recognition Basics
Topic 6: Reporting and Analytics- OTBI and Dashboard Usage
- Project Performance Reporting

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two

A) project
B) project classification
C) resource
D) expenditure item
E) project plan type


2. In a Project Draft Invoice preview, quantity (hours) andunit price (bill rate) are shown as fields on the invoice.
Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantityof 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)

A) The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.
B) The project sends only the invoice header to Receivables, not the invoice line description and distributions.
C) The project sendsonly the invoice header and invoice line description to Receivables, not the invoice distributions.
D) The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.


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


4. Identify three correct statements about project types. (Choose three.)

A) Classifications can be assigned
B) Summarization options can be specified at project type.
C) Project type can be usedas a source
D) Project type can beenabled for both billing and capitaliz
E) Project type can be associated with multiple project units.


5. Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accountingclose cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)

A) S-Curve
B) Daily Spread Basis
C) Even
D) Back Loaded
E) Bell Curve


Solutions:

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

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