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

  • Exam Code: 1Z0-1057-23
  • Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
  • Updated: Sep 17, 2026     Q & A: 138 Questions and Answers

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Functional Setup Manager and Implementation10%- Configure and manage implementation projects
- Use Rapid Implementation Workbook
Topic 2: Project Planning, Control and Forecasting15%- Define project budgets and forecasts
- Manage project schedules and progress
- Set up project controls and performance tracking
Topic 3: Project Billing and Revenue Management20%- Configure cross-charging, transfer pricing
- Set up revenue recognition and invoicing
- Manage contract billing and revenue accounting
Topic 4: Program Management and Reporting10%- Configure project performance reporting and KPIs
- Set up programs and hierarchies
Topic 5: Project Costing20%- Configure cost collection, allocations, burdening
- Integrate with Time and Labor
- Set up budgetary controls and cost controls
Topic 6: Project Management Cloud Overview and Common Configuration15%- Configure enterprise settings, reference data sharing
- Manage security, roles, duties and user experience
- Set up calendars, periods, rate schedules, transaction sources
- Describe architecture and components
Topic 7: Resource Management10%- Configure enterprise resource setup
- Manage resource allocation and utilization

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Question #1

Which three features are part of Oracle Fusion Functional Setup Manager?

  • A. export and import services for setup data migration between environments
  • B. guided task list for end-to-end setup requirements
  • C. modifying an existing implementation project task list by selecting more functional areas when needed
  • D. updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
  • E. feature opt-in for a best fit configuration
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #2

Your organization has decided to enable the common accounting and project accounting periods option while defining business unit implementation options.
Where will you maintain the accounting period statuses if this option has been enabled?

  • A. Project Foundation
  • B. General Ledger
  • C. Project Costing
  • D. Subledger Accounting
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #3

Which three are part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?

  • A. Import Projects.
  • B. Upload setup data.
  • C. Prepare setup data.
  • D. Generate CSV files.
  • E. File Import and Export.
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

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Question #4

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 statements about the periodic project labor demand.

  • A. Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
  • B. 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.
  • 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 Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

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, but no proficiency is specified, and the resource has the qualification.
  • B. 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 proficiency that is lower or higher than specified.
  • C. An individual,s score is 100% if the resource request has a qualification with a specified proficiency and the resource does not have the qualification.
  • D. 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.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for FreeDumps members. You can sign-up / login (it's free).

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