Oracle Project Management Cloud 2021 Implementation Essentials : 1Z0-1057-21

1Z0-1057-21 Exam Simulator
  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Aug 21, 2026
  • Q & A: 93 Questions and Answers

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

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

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Whichfivesteps are required for the File-Based Data Import Integration option?

A) Install an Excel add-in.
B) Import data into various applications.
C) Upload the file to the server.
D) Download an Excel template.
E) Populate the spreadsheet with data and generate a CSV file.
F) Run Process to transfer data to interface tables.


2. Which setup option is common to both financial and project plan types?

A) Enable the use of a workflow for managing budget or forecasting status changes.
B) Manage the options for creating control budgets in Oracle Fusion Budgetary Control.
C) Enable the entry of plan amounts in currencies other than the project currency.
D) Identify whether the plantype is the default selection when you create budget or forecast versions.


3. Which two statements describe how the Resource Qualification Score is calculated?

A) An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource does not have thequalification.
B) An individual's score is 100% if the resource request has a qualification, but no proficiency is specified, and the resource has the qualification.
C) An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification that meets the specified proficiency.
D) An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification with a proficiencythat is lower or higher than specified.


4. You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created underprojects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem?
(Choose the best answer.)

A) The quality manager belongs to a department that is not associated with the project.
B) The "Require Task Managers to be Project Team Members" profile option is set to Yes.
C) The "Require Task Managers to be Project Team Members" profile option is set to No.
D) The quality manager is not assigned with a supervisor.


5. Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statementsabout the periodic project labor demand. (Choose two.)

A) Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
B) Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
C) Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
D) Labor Demand FTE is calculated as YearlyAllocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.


Solutions:

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

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