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

1Z0-1057-23 real exams

Exam Code: 1Z0-1057-23

Exam Name: Oracle Project Management Cloud 2023 Implementation Professional

Updated: Aug 13, 2026

Q & A: 138 Questions and Answers

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Program Management and Reporting10%- Configure project performance reporting and KPIs
- Set up programs and hierarchies
Topic 2: Resource Management10%- Configure enterprise resource setup
- Manage resource allocation and utilization
Topic 3: Project Costing20%- Integrate with Time and Labor
- Configure cost collection, allocations, burdening
- Set up budgetary controls and cost controls
Topic 4: Project Planning, Control and Forecasting15%- Manage project schedules and progress
- Define project budgets and forecasts
- Set up project controls and performance tracking
Topic 5: Functional Setup Manager and Implementation10%- Use Rapid Implementation Workbook
- Configure and manage implementation projects
Topic 6: Project Management Cloud Overview and Common Configuration15%- Manage security, roles, duties and user experience
- Describe architecture and components
- Set up calendars, periods, rate schedules, transaction sources
- Configure enterprise settings, reference data sharing
Topic 7: 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. Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. (Choose two)

A) Use the predefined Bell Curve spread with small deviations on the spread points.
B) Use the predefined S-Curve spread with small deviations on the spread points.
C) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
D) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.


2. Which application would you use to map application roles to external roles? (Choose the best answer.)

A) BPM Work List
B) Oracle Identify Manager
C) Authorization Policy Manager
D) Security Console


3. Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displays labor demand information. (Choose the best answer.)

A) The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
B) The current date is used for calculating labor demand for the current year.
C) The current period start date is used for calculating labor demand for the current year.
D) The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015.


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

A) expenditure item
B) project classification
C) project plan type
D) resource
E) project


5. Which three are true of what you can do in the Project Requirements work area?

A) Create an implementation project.
B) Organize backlog items by requirements.
C) Manage your list of backlog items.
D) Create project tasks for backlog items.
E) Create an execution project.


Solutions:

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

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