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Oracle 1z0-1057-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Setting up Common Project Configuration: Targeting project configuration specialists, this section involves managing Subledger Accounting, setting up Project Financial Management Organizations, and managing Reference Data Sharing to ensure consistent and accurate financial reporting.
Topic 2	Configure Project Costing: Aimed at cost management analysts, this section covers configuring the Project Cost Collection Center, managing burdening and allocations, explaining capitalized interest calculations, describing budgetary controls, configuring Time & Labor for projects, and managing integrations to ensure accurate project costing.
Topic 3	Describing Applications Security: Aimed at security administrators, this section covers the Applications Security Console, identification of roles in a seeded security implementation, and management of roles and duties to ensure secure access and operations.
Topic 4	Configure Project Control: This section measures the skills of project control specialists and focuses on managing project budgets and forecasts to maintain control over project financials and performance.
Topic 5	Using Functional Setup Manager: This section measures the skills of functional setup managers and focuses on understanding the Functional Setup Manager and the Rapid Implementation Workbook, which are essential for configuring and deploying Oracle Project Management Cloud applications.
Topic 6	Configure Project Billing: Targeting billing specialists, this section involves configuring project cross-charging and transfer pricing, and managing project invoicing and revenue processes to ensure accurate and efficient billing operations.
Topic 7	Configure Project Resource Management: This section measures the skills of resource managers and focuses on defining project enterprise labor resources to optimize resource allocation and utilization.
Topic 8	Using Program Management: Targeting program managers, this section involves using program management and reporting tools to oversee multiple projects and ensure alignment with organizational objectives.
Topic 9	Configure Project Foundation: This section assesses the skills of project foundation specialists and includes setting up project calendars and periods, defining types and categorizations, managing project resources, describing rate schedules, project types, setting up transaction sources, and managing labor schedules to establish a solid foundation for project management.
Topic 10	Describing Navigation, User Experience, Personalization, and Approvals: Targeting user experience designers, this section evaluates knowledge of business processes supported by approvals and workflows, setting up approval and notification tasks, and concepts related to navigation, user experience, and personalization within the application.

Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q35-Q40):

NEW QUESTION # 35
Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option.When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displays labor demand information. (Choose the best answer.)

A. The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015.
B. The current period start date is used for calculating labor demand for the current year.
C. The current date is used for calculating labor demand for the current year.
D. The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.

Answer: C

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/analyze-project- management-performance.html#OAPEM1313471 Topic - Project Labor Demand: How It's Calculated Settings That Affect Project Labor Demand Project application administrators must do the following to set up how project labor demand is calculated:
* Organize projects into hierarchical groups on the Manage Enterprise Project Structure page.
* Change the quarterly FTE hours for the organization on the Define Project Management Implementation Options page, if different from 520 hours.
Note: You can choose to view labor demand annually instead of quarterly.The Project Hierarchy Viewer uses thecurrent dateto determine which year or quarter to display.

NEW QUESTION # 36
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. 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.
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. 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.

Answer: A

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjf/manage-project-plan-tasks- and-task-assignments.html#OAPJF75076

NEW QUESTION # 37
Your organization has a requirement to create and apply a new theme for the application user interface.
Which option allows you to achieve this requirement?

A. Appearance Page
B. Setup and Maintenance Work Area
C. Structure Page
D. User Interface Text

Answer: A

Explanation:
The option that allows you to achieve this requirement is Appearance Page. This page allows you to create and apply a new theme for the application user interface by selecting various options such as colors, fonts, logos, etc. You can also preview and publish your theme changes using this page. Structure Page is not an option that allows you to achieve this requirement. This page allows you to customize the structure and layout of the application user interface by adding or removing components such as regions, tabs, fields, etc. Setup and Maintenance Work Area is not an option that allows you to achieve this requirement. This work area allows you to perform various setup tasks for implementing and configuring Oracle Fusion applications using predefined templates and spreadsheets. User Interface Text is not an option that allows you to achieve this requirement. This option allows you to customize the text and labels of the application user interface by editing or translating them using various tools such as Text Editor or Translation Workbench.Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/set-up-project-financial- management.html#OAPFM2356331

NEW QUESTION # 38
Which two are the workflows in Project Financial Management? (Choose two.)

A. Capital Interest Calculation
B. Burden Cost Recalculation
C. Asset Line Generation
D. Project Status Change
E. Expenditure Item Adjustment

Answer: D,E

Explanation:
The workflows in Project Financial Management are business processes that automatethe approval and notification tasks for various project transactions and events. Two of the workflows in Project Financial Management are:
* Project Status Change: This workflow manages the approval and notification tasks for changing the status of a project or task from one value to another. For example, when a project or task is submitted for approval, this workflow routes the request to the appropriate approvers and notifies them of the action required.
* Expenditure Item Adjustment: This workflow manages the approval and notification tasks for adjusting expenditure items that have been charged to a project or task. For example, when an expenditure item is adjusted by a project manager or a cost accountant, this workflow routes the adjustment to the appropriate approvers and notifies them of the action required. Capital Interest Calculation, Burden Cost Recalculation, and Asset Line Generation are not workflows in Project Financial Management, but processes that perform various calculations and transactions for project costs and assets. Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project- financial-management.html#OAPFM2356161

NEW QUESTION # 39
As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create and update resources based on changes In HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers.
Whichthreeare parameters that are based on which the system identifies the new resources?

A. Jobs
B. Organization
C. Department
D. Project Unit
E. Business Unit

Answer: A,B,E

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/fapfm/implementing-project- execution-management-applications.html#FAPFM1718570 Topic -Manage Maintenance Conditions for Project Enterprise Labor Resource

NEW QUESTION # 40
......

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