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

1Z0-1057-23 Exam Questions
  • Exam Code: 1Z0-1057-23
  • Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
  • Updated: Aug 04, 2026
  • Q & A: 138 Questions and Answers
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Oracle 1Z0-1057-23 Exam Syllabus Topics:

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

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. Shift is one of the key elements in defining project and resource calendars.
Which two additional key elements are required to define the project and resource calendars?

A) Workday Patterns
B) Time off
C) Accounting Calendar
D) Schedule Exceptions
E) Expenditure Type


2. You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error.
Identify two reasons for this problem.

A) Pending burden summarization items have not been processed.
B) The corresponding Oracle Payables Cloud accounting period has not been closed.
C) Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
D) Unaccounted transactions have not been swept to the next period.
E) Unaccounted transactions are not imported.


3. You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error. Identify two reasons for this problem.
Response:

A) Pending burden summarization items have not been processed.
B) The corresponding Oracle Payables Cloud accounting period has not been closed.
C) Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
D) Unaccounted transactions have not been swept to the next period.
E) Unaccounted transactions are not imported.


4. You configure one OTBI using Project Cross Subject Area Analysis Real Time. You notice that all measures (Budget, Forecast, Cost, Commitments, Revenue, and Invoice) are not available for Bill-To-Customer and Contract and Contract Line dimensions. Identify the reason for this behavior. (Choose the best answer.)

A) The Bill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract Line dimensions do not apply to Revenue and Invoice measures.
B) The Bill-To-Customer dimension does not apply to Invoice measures, but the Contract and Contract Line dimensions apply only to Revenue and Invoice measures.
C) The Bill-To-Customer dimension applies only to Revenue and Invoice measures.
D) The Contract and Contract Line dimensions apply only to Invoice measures.
E) The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures.


5. You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitment for $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)

A) 600
B) 800
C) 1000
D) 900


Solutions:

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

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