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

Exam Code: 1Z0-1057-23

Exam Name: Oracle Project Management Cloud 2023 Implementation Professional

Updated: Nov 10, 2026

Q & A: 138 Questions and Answers

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Functional Setup Manager- Configure implementation setup
  • 1. Rapid Implementation Workbook
  • 2. Functional Setup Manager usage
Topic 2: Project Management- Manage project execution
  • 1. Issues and deliverables
  • 2. Project requirements
  • 3. Application Composer usage
  • 4. Project gates
Topic 3: Project Foundation- Configure foundational project structures
  • 1. Rate schedules
  • 2. Transaction sources
  • 3. Project types
  • 4. Project calendars and periods
  • 5. Project resources
Topic 4: Project Control- Manage project planning and forecasting
  • 1. Project budgets
  • 2. Forecast management
Topic 5: Applications Security- Manage security configuration
  • 1. Applications Security Console
  • 2. Roles and duties
Topic 6: Project Management Overview- Describe the components of Oracle Project Management Cloud
  • 1. Explain available integrations
  • 2. Understand project management architecture
Topic 7: Program Management- Manage programs and reporting
  • 1. Program reporting
  • 2. Program setup
Topic 8: Project Costing- Manage project costing configuration
  • 1. Budgetary controls
  • 2. Allocations
  • 3. Cost collection center
  • 4. Time and labor integration
  • 5. Burdening
Topic 9: Project Performance Reporting- Configure reporting and KPI tracking
  • 1. Performance KPIs
  • 2. Project reporting configuration
Topic 10: Project Resource Management- Configure resource management
  • 1. Enterprise labor resources
  • 2. Resource allocation
Topic 11: Common Project Configuration- Configure enterprise project settings
  • 1. Subledger Accounting
  • 2. Reference data sharing
  • 3. Project Financial Management organizations
Topic 12: Navigation, User Experience, Personalization, and Approvals- Manage approvals and workflows
  • 1. Configure approval tasks
  • 2. Set up notifications
- Describe user experience features
  • 1. Navigation concepts
  • 2. Personalization options
Topic 13: Project Billing- Configure project billing and revenue
  • 1. Transfer pricing
  • 2. Project invoicing
  • 3. Revenue management
  • 4. Cross charging

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Question #1

Which product offering enables you to collaboratively plan and deliver projects by leveraging intuitive and integrated scheduling tools?

  • A. Resource Management
  • B. Project Costing
  • C. Project Control
  • D. Project Management
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #2

Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management.

  • A. expenditure item
  • B. project classification
  • C. project
  • D. project plan type
  • E. resource
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #3

Your customer has implemented Oracle Project Portfolio Management Cloud recently and they have hired new employees for their Professions Services business. These employees are set up in Oracle Human Capital Management Cloud, but the Project Administrators are unable to add them as resources in the Planning Resource Breakdown Structure.
What are three conditions for new employees to show up in the list? (Choose three.)

  • A. All new employees created as persons must have an active assignment.
  • B. All new employees created as persons must have an active supervisor.
  • C. All new employees created as persons must have an active project role.
  • D. All new employees created as persons must be assigned to a department.
  • E. Current date is before the effective date of the resource, and you did not enable the "Include people with future-dated effective start dates" option during the search.
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

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Question #4

Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accounting close cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)

  • A. Even
  • B. Back Loaded
  • C. S-Curve
  • D. Bell Curve
  • E. Daily Spread Basis
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China and added a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit. Why is he not able to see the transactions for the China business unit? (Choose the best answer.)

  • A. The China business unit is associated with a different legal entity than the US and UK business units.
  • B. The US and UK business units are linked to different ledgers than the China business unit.
  • C. The project accountant is not assigned to the external role that grants access to the China business unit.
  • D. The JOB role relevant to the China business unit is not assigned to the project accountant.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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