Oracle Project Management Cloud 2021 Implementation Essentials : 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: Security and Implementation Tools- Security Configuration
  • 1. Data Access Security
  • 2. Project Roles
- Implementation Utilities
  • 1. Functional Setup Manager
  • 2. Rapid Implementation Spreadsheets
  • 3. Setup Data Migration
Topic 2: Project Execution Management- Project Control
  • 1. Forecasts
  • 2. Budgets
  • 3. Performance Reporting
- Project Planning
  • 1. Work Plans
  • 2. Resource Assignments
  • 3. Task Management
Topic 3: Project Billing and Revenue Management- Contract and Billing Setup
  • 1. Invoice Generation
  • 2. Revenue Recognition
  • 3. Billing Events
Topic 4: Project Cost Management- Cross-Charge Processing
  • 1. Borrowed and Lent Transactions
  • 2. Transfer Pricing
- Cost Collection and Processing
  • 1. Cost Transactions
  • 2. Expense Management Integration
  • 3. Supplier Cost Processing
Topic 5: Project Foundation Setup- Project Units
  • 1. Implementation Options
  • 2. Reference Data Sets
  • 3. Business Units
Topic 6: Resource Management- Resource Structures
  • 1. Project Staffing
  • 2. Resource Requests
  • 3. Resource Calendars
Topic 7: Project Financial Management Setup- Financial Structures
  • 1. Expenditure Categories
  • 2. Expenditure Types
  • 3. Transaction Sources
- Project Types and Templates
  • 1. Project Classes
  • 2. Project Statuses
  • 3. Project Roles

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. You create a project schedulewith a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)

A) Expenditure Type
B) Exceptions
C) Accounting Calendar
D) Workday Patterns
E) Time Off


2. 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. (Choose two.)

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


3. Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these classcategories and codes.
Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)

A) Class codesshould beassociated
B) Class codes should be assigned to project unit.
C) Class categories should be assigned to business unit.
D) Class categoriesshould beassignedtoproject type.


4. As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter. Identify the reason for this problem. (Choose the best answer.)

A) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
B) You can enable automatic reprocessing of expenditureitems processed before the burden schedule change.
C) Only new expenditure items charged to the task use the new burden schedule; expenditure itemsprocessed earlier cannot be reprocessed.
D) All expenditure items charged to the task use the new burden schedule.


5. 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) expenditure item
C) project classification
D) project plan type
E) resource


Solutions:

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

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