Oracle 1Z0-1057-21 Q&A - in .pdf

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  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Aug 07, 2026
  • Q & A: 93 Questions and Answers
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  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
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  • Q & A: 93 Questions and Answers
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  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Project Execution and Control- Task Management and Scheduling
- Resource Assignment and Utilization
- Progress Tracking and Reporting
Project Management Cloud Setup and Configuration- Project Types and Templates Configuration
- Enterprise Project Structure (EPS) and Project Setup
Integration and Configuration- Integration with Oracle Financials Cloud
- Integration with Oracle HCM Cloud
Reporting and Analytics- OTBI and Dashboard Usage
- Project Performance Reporting
Project Financial Management- Revenue Recognition Basics
- Budgeting and Forecasting
- Cost Management and Control
Security and Data Access- Project Security Configuration
- Role-Based Access Control

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.
Which reference data sharing method would you setup to meet the customer requirement? (Choose the best answer.)

A) assignment to multiple sets; common values allowed
B) assignment to one set only; no common values allowed
C) assignment to one set only with common values
D) assignment to multiple sets; no common values allowed


2. You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in MicrosoftProjects. Identify three conditions that must be met forexporting milestone tasks.( Choose three.)

A) lowest-level tasks set up with zero duration
B) only one labor resource assignment with 0 effort
C) percent work complete values of 0 or 100 percent
D) lowest-level tasks set up with non-zero duration
E) only one labor resource assignment with 100 effort


3. As part of maintaining (importing new employees thatwere 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) Department
B) Organization
C) Project Unit
D) Jobs
E) Business Unit


4. You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Portfolio Management with tasks and subtasks applicable to each of the phases of the project:
Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want todefine deliverables for your project requirementsthat are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works. Identify the two correct statements in this respect. (Choose two.)

A) A deliverable associated with a requirement is automatically associated with the tasks createdfor that requirement.
B) A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
C) The association of a deliverable with a task is dependent on associating a requirement with a task.
D) Youassociate a deliverable with a task, independent of associating a requirement with a task.


5. 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 accountingclose 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) Daily Spread Basis
B) Even
C) S-Curve
D) Bell Curve
E) Back Loaded


Solutions:

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

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