Oracle 1Z0-1057-23 : Oracle Project Management Cloud 2023 Implementation Professional

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Question 1

You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Portfolio Management with tasks and subtasks applicable to each of the phases of the project: Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works. Identify the two correct statements in this respect.

A. A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
B. You associate a deliverable with a task, independent of associating a requirement with a task.
C. The association of a deliverable with a task is dependent on associating a requirement with a task.
D. A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.

Question 2

Select two correct statements about project classifications on a template.
Response:

A. Project class category in a project classification must be associated with a Set Code.
B. Set Code is not required for a project class category in a project classification.
C. Project Classification is a mandatory field on a project template.
D. When a project is created from a template, the required project classifications must be entered.

Question 3

Identify three correct statements about project types.
(Choose three.)
Response:

A. Classifications can be assigned at project type.
B. Project type can be used as a source in subledger accounting.
C. Project type can be enabled for both billing and capitalization.
D. Summarization options can be specified at project type.
E. Project type can be associated with multiple project units.

Question 4

Your customer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose.

A. Accounting Periods
B. Calendar Types
C. PA Calendar
D. PA-GL Periods
E. Project Accounting Periods

Question 5

You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
Associated Project Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)

A. USD 120
B. USD 184
C. USD 70
D. USD 134

Solutions: