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20-30 hours’ preparation before the 1Z0-1057-21 exam
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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Project Management Cloud Setup and Configuration | - Enterprise Project Structure (EPS) and Project Setup - Project Types and Templates Configuration |
| Project Execution and Control | - Resource Assignment and Utilization - Progress Tracking and Reporting - Task Management and Scheduling |
| Reporting and Analytics | - Project Performance Reporting - OTBI and Dashboard Usage |
| Security and Data Access | - Project Security Configuration - Role-Based Access Control |
| Project Financial Management | - Revenue Recognition Basics - Cost Management and Control - Budgeting and Forecasting |
| Integration and Configuration | - Integration with Oracle Financials Cloud - Integration with Oracle HCM Cloud |
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
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. Daily Spread Basis
- B. Bell Curve
- C. S-Curve
- D. Back Loaded
- E. Even
Correct Answer: A 🗳️
Explanation: Only visible for Prep4pass members. You can sign-up / login (it's free).
Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types.
Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)
- A. Create a revenue method with a revenue method classification of Amount Based.
- B. Create arevenue method with a revenue method classification of Rate Based.
- C. Create a revenue method classification with a revenue method of Percent Spent.
- D. Create a revenue method classification with a revenue method of Percent Complete.
Correct Answer: B 🗳️
You havedefined two expenditure types, but they are not available for selection when youenter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)
- A. The two expenditure types are not assigned to the reference data set that is assigned to theproject unitin which the transaction is performed.
- B. The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed.
- C. The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.
- D. The two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed.
Correct Answer: A 🗳️
Explanation: Only visible for Prep4pass members. You can sign-up / login (it's free).
Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. ( Choose two)
- A. Use the predefined Bell Curve spread with small deviations on the spread points.
- B. Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
- C. Use the predefined S-Curve spread with small deviations on the spread points.
- D. Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.
Correct Answer: A,D 🗳️
Which four notification templates are predefined?
- A. Forgot Password Template
- B. New Account Template
- C. Forgot Username Template
- D. Password Reset Template
- E. New Account Manager Template
Correct Answer: B,C,D,E 🗳️
Explanation: Only visible for Prep4pass members. You can sign-up / login (it's free).
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