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

1Z0-1057-23 real exams

Exam Code: 1Z0-1057-23

Exam Name: Oracle Project Management Cloud 2023 Implementation Professional

Updated: Sep 08, 2026

Q & A: 138 Questions and Answers

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Resource Management10%- Configure enterprise resource setup
- Manage resource allocation and utilization
Topic 2: Project Planning, Control and Forecasting15%- Define project budgets and forecasts
- Set up project controls and performance tracking
- Manage project schedules and progress
Topic 3: Functional Setup Manager and Implementation10%- Configure and manage implementation projects
- Use Rapid Implementation Workbook
Topic 4: Program Management and Reporting10%- Set up programs and hierarchies
- Configure project performance reporting and KPIs
Topic 5: Project Billing and Revenue Management20%- Configure cross-charging, transfer pricing
- Manage contract billing and revenue accounting
- Set up revenue recognition and invoicing
Topic 6: Project Costing20%- Configure cost collection, allocations, burdening
- Set up budgetary controls and cost controls
- Integrate with Time and Labor
Topic 7: Project Management Cloud Overview and Common Configuration15%- Describe architecture and components
- Configure enterprise settings, reference data sharing
- Manage security, roles, duties and user experience
- Set up calendars, periods, rate schedules, transaction sources

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Question 1

Which application generates external roles to grant both function and data security?
(Choose the best answer.)
Response:

A. Business Process Manager
B. Oracle Identity Manager
C. Authorization Policy Manager
D. Functional Setup Manager


Question 2

Which product offering enables you to collaboratively plan and deliver projects by leveraging intuitive and integrated scheduling tools?

A. Project Costing
B. Resource Management
C. Project Management
D. Project Control


Question 3

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 not 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. A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
D. The association of a deliverable with a task is dependent on associating a requirement with a task.


Question 4

Stigma consulting has been hired by a client to implement Project Management Cloud. Which role should they assign to a user for using the rapid implementation feature to set up the Project Financial Management offering by populating and uploading a Microsoft Excel workbook?

A. Project Application Administrator
B. Project Administrator
C. Project Executive
D. Project Integration Specialist


Question 5

You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for a billable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program's processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 0
Draft Invoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)

A. Rate Based
B. Amount Based
C. Percent Complete
D. As Incurred


Solutions:

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

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