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Exam Code: 1Z0-1057-23
Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
Updated: Sep 04, 2026
Q & A: 138 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Project Planning, Control and Forecasting | 15% | - Manage project schedules and progress - Define project budgets and forecasts - Set up project controls and performance tracking |
| Topic 2: Project Management Cloud Overview and Common Configuration | 15% | - Configure enterprise settings, reference data sharing - Set up calendars, periods, rate schedules, transaction sources - Describe architecture and components - Manage security, roles, duties and user experience |
| Topic 3: Project Billing and Revenue Management | 20% | - Manage contract billing and revenue accounting - Configure cross-charging, transfer pricing - Set up revenue recognition and invoicing |
| Topic 4: Project Costing | 20% | - Set up budgetary controls and cost controls - Configure cost collection, allocations, burdening - Integrate with Time and Labor |
| Topic 5: Functional Setup Manager and Implementation | 10% | - Use Rapid Implementation Workbook - Configure and manage implementation projects |
| Topic 6: Program Management and Reporting | 10% | - Set up programs and hierarchies - Configure project performance reporting and KPIs |
| Topic 7: Resource Management | 10% | - Manage resource allocation and utilization - Configure enterprise resource setup |
Question 1
You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)
A. Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
B. Define allocation basis by using Actual Amounts with a period-to-date amount class.
C. Allocate rental costs once each accounting period by using the "full" allocation method.
D. Define allocation basis by using Actual Amounts with a project-to-date amount class.
E. Allocate rental costs once each accounting period by using the "spread evenly" allocation method.
Question 2
Identify three correct statements about the integration of Primavera P6 Enterprise Project Portfolio Management and Oracle Project Portfolio Management Cloud. (Choose three.)
A. Billing events flow from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
B. Summarized actual quantity and cost flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
C. Project plans and progress flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
D. Projects and task definitions flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
E. Event completion flows from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
Question 3
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 under projects. 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 is not assigned with a supervisor.
B. The "Require Task Managers to be Project Team Members" profile option is set to No.
C. The quality manager belongs to a department that is not associated with the project.
D. The "Require Task Managers to be Project Team Members" profile option is set to Yes.
Question 4
Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources. After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost amounts associated with the resources, you suspect that the cost association does not match your client''s expectations. Identify two valid rules based on which cost association works.
A. If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.
B. If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with the lowest number at the lowest level.
C. If a transaction maps to more than one level, Oracle PPM Cloud sums the precedence numbers for all resource type in the branch and gives precedence to the resource element in the branch with the highest sum.
D. If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
Question 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 statements about the periodic project labor demand.
A. 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.
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 Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
Solutions:
| Question 1 Answer: C | Question 2 Answer: E | Question 3 Answer: B | Question 4 Answer: C | Question 5 Answer: B |
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