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Oracle Project Management Cloud 2021 Implementation Essentials : 1Z0-1057-21 Exam

1Z0-1057-21 Exam Questions
  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Sep 05, 2026
  • Q & A: 93 Questions and Answers
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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Execution and Control- Resource Assignment and Utilization
- Task Management and Scheduling
- Progress Tracking and Reporting
Topic 2: Security and Data Access- Project Security Configuration
- Role-Based Access Control
Topic 3: Project Management Cloud Setup and Configuration- Project Types and Templates Configuration
- Enterprise Project Structure (EPS) and Project Setup
Topic 4: Integration and Configuration- Integration with Oracle HCM Cloud
- Integration with Oracle Financials Cloud
Topic 5: Reporting and Analytics- Project Performance Reporting
- OTBI and Dashboard Usage
Topic 6: Project Financial Management- Budgeting and Forecasting
- Revenue Recognition Basics
- Cost Management and Control

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Question #1

You recently made some changes to a project contract and the current status of the contract is Under Amendment. Identify the correct sequence of activities that can take place on that contract. (Choose the best answer.)

  • A. Pending Approval > Pending Acceptance > Active
  • B. On Hold > Pending Approval > Active
  • C. OnHold > Pending Acceptance > Active
  • D. Pending Acceptance > Pending Approval > Active
Answer: A

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Question #2

Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)

  • A. If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
  • B. If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.
  • C. If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.
  • D. If the "Allow resource changes at project level" option is set to for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
Answer: D

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Question #3

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

  • A. expenditure item
  • B. project
  • C. project classification
  • D. resource
  • E. project plan type
Answer: B,D

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Question #4

As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resourcesprocess 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. (Choose the best answer.)

  • A. Person Type
  • B. Jobs
  • C. Pool Membership
  • D. attributes that the project enterprise resources are assigned after creation
Answer: A

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Question #5

Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)

  • A. Project Contract Collection Center
  • B. Project Contract-based costing
  • C. Contract Team Connect
  • D. Project Contract-based billing
Answer: D

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