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

1Z0-1057-21 actual test
  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Sep 11, 2026
  • Q & A: 93 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Execution Management- Project Planning
  • 1. Resource Assignments
  • 2. Task Management
  • 3. Work Plans
- Project Control
  • 1. Forecasts
  • 2. Performance Reporting
  • 3. Budgets
Topic 2: Project Financial Management Setup- Project Types and Templates
  • 1. Project Statuses
  • 2. Project Classes
  • 3. Project Roles
- Financial Structures
  • 1. Transaction Sources
  • 2. Expenditure Categories
  • 3. Expenditure Types
Topic 3: Project Billing and Revenue Management- Contract and Billing Setup
  • 1. Invoice Generation
  • 2. Billing Events
  • 3. Revenue Recognition
Topic 4: Project Foundation Setup- Project Units
  • 1. Business Units
  • 2. Implementation Options
  • 3. Reference Data Sets
Topic 5: Project Cost Management- Cost Collection and Processing
  • 1. Supplier Cost Processing
  • 2. Expense Management Integration
  • 3. Cost Transactions
- Cross-Charge Processing
  • 1. Borrowed and Lent Transactions
  • 2. Transfer Pricing
Topic 6: Resource Management- Resource Structures
  • 1. Project Staffing
  • 2. Resource Calendars
  • 3. Resource Requests
Topic 7: Security and Implementation Tools- Security Configuration
  • 1. Data Access Security
  • 2. Project Roles
- Implementation Utilities
  • 1. Functional Setup Manager
  • 2. Setup Data Migration
  • 3. Rapid Implementation Spreadsheets

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Question #1

A project administrator is trying toassign a team member for a project but cannot find the person in the team member list on the Project Definition page. What is the reason for this problem? (Choose the best answer.)

  • A. Project roles are not assigned in the project.
  • B. Theemployee is not assigned with a supervisor.
  • C. The employee is not assigned to the project-owning organization.
  • D. The employee is not assigned to a department.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #2

You want tocreate a few project roles so as to restrict accessin the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (

  • A. Project Team Member- Security based on Project Assignment
  • B. Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
  • C. Project Executive- Security basedon Project Hierarchy
  • D. Project Billing Specialist- Security based on Contract BU
  • E. Project Manager- Security based on Project Assignment
Reveal Solution  Discussion  0

Correct Answer: A,E  🗳️

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 supervisor.
  • B. Allnew employees created as personsmust be assigned to a department.
  • C. All new employees created as persons must have an active project role.
  • D. All new employees created as personsmust have an active assignment.
  • 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: B,D,E  🗳️

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Question #4

Select two correct statements about project classifications on a template. (Choose two.)

  • A. Project class category in a project classification must be associated with a Set Code.
  • B. Set Code isnotrequired for a project class category in a project classification.
  • C. When a project is created from a template, the required project classifications must be entered.
  • D. Project Classification is a mandatory field on a project template.
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

Question #5

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

  • A. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
  • B. Unaccounted transactions are notimported.
  • C. The corresponding Oracle Payables Cloud accounting period has not been closed.
  • D. Pending burden summarization items have not been processed.
  • E. Unaccounted transactions have not been swept to the next period.
Reveal Solution  Discussion  0

Correct Answer: A,E  🗳️

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