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

  • Exam Code: 1Z0-1057-23
  • Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
  • Updated: Aug 07, 2026     Q & A: 138 Questions and Answers

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Financial Management and Reporting- Project financial tracking
  • 1. Budgeting and cost control
    • 2. Revenue and billing integration
      Topic 2: Security and Integration- Access control and roles
      • 1. Integration with ERP modules
        • 2. Project security model
          Topic 3: Project Planning and Scheduling- Work breakdown structure (WBS)
          • 1. Scheduling methods and constraints
            • 2. Task planning and dependencies
              Topic 4: Project Setup and Configuration- Enterprise project structure setup
              • 1. Project units and business units
                • 2. Project templates and defaults
                  Topic 5: Project Execution and Control- Managing project execution
                  • 1. Progress tracking and updates
                    • 2. Issue and change management
                      Topic 6: Project Management Cloud Fundamentals- Oracle Project Management Cloud overview
                      • 1. Core capabilities and architecture
                        • 2. Integration with Oracle Cloud ERP

                          Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

                          1. Which four standard objects can you configure to include business specific attributes by using Application Composer for Project Execution Management? (Choose four.)

                          A) Project Issues
                          B) Project Gates
                          C) Project Resource Request
                          D) Project Deliverables
                          E) Project Resource Assignment
                          F) Project Milestones


                          2. Your customer has the following setups on the project plan type that they are using for their projects:
                          Use Task Planned Dates as Task Assignment Dates = Yes
                          Automatically Roll Up Task Planned Dates = Yes
                          Synchronize Task Transaction Dates with Planned Dates = No
                          With these setups in place, you perform the following actions:
                          1. Create a new subtask (Sub Task 1) with a start date of 15-Jun-2016 on the project that has as start date of 01-Jul-2016.
                          2. Create another new subtask (Sub Task 2) after the previous action is saved.
                          What would the correct behavior of the application be after these actions? (Choose the best answer.)

                          A) After the creation of Sub Task 1, Project Start Date would be changed to 15-Jun-2016 and Sub Task 2 would be created with 15-Jun-2016.
                          B) After the creation of Sub Task 1, Project Start Date would remain unchanged as 01-Jul-2016 and Sub Task 2 would be created with 15-Jun-2016.
                          C) After the creation and saving of Sub Task 1, Task Start Date would be changed to 01-Jul-2016 and Sub Task 2 would be created with 01-Jul-2016.
                          D) Project Start Date would remain unchanged as 01-Jul-2016 for both actions but the start dates on both subtasks would remain 15-Jun-2016.


                          3. When scheduling the Update Project Performance Data process to run on a periodic basis, which summarization method would you select? (Choose the best answer.)

                          A) Incremental
                          B) Detail
                          C) Summary
                          D) Bulk


                          4. You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
                          Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task 30.
                          Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario.

                          A) Both the contract lines create only a single invoice because they are using the same contract.
                          B) Two invoices are created using the same contract.
                          C) Bill set number drives the grouping of transactions.
                          D) Invoice generation does not depend on bill plan. The invoices are created based on the contract line.


                          5. When setting up capitalization options on a project type, you have decided to enable the Require Complete Asset Definition option. If this option is enabled, the "Transfer Assets to Oracle Fusion Assets" process will place asset lines with complete definition into which queue in Oracle Fusion Assets?

                          A) Hold
                          B) Post
                          C) Posted
                          D) New


                          Solutions:

                          Question # 1
                          Answer: F
                          Question # 2
                          Answer: A
                          Question # 3
                          Answer: A
                          Question # 4
                          Answer: A
                          Question # 5
                          Answer: A

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