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Oracle 1Z0-1057-21 Exam Syllabus Topics:

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. On Hold > Pending Approval > Active
B. OnHold > Pending Acceptance > Active
C. Pending Approval > Pending Acceptance > Active
D. Pending Acceptance > Pending Approval > Active

Question 2

You are trying to create a project purchase order (PO) but you are unable to select Expenditure Organization in the PO. Identify two reasons for this problem. (Choose two.)

A. The organization is classified as a project unit.
B. The organization isnot included inthe organization treethat is assigned to the business unit that owns the PO.
C. The organization isnot classified as a project expenditure organization.
D. The organization is notclassified as a project-owning organization.

Question 3

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

Question 4

What are three configuration items that you need to set up by using the Project Organizationsfunctional area in Project Financial Management configurations? (Choose three.)

A. Mange Business Unit
B. Mange Project Types
C. Manage Project Unit Organizations
D. Manage Project Organization Classifications
E. Manage Project Unit Options

Question 5

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 displayslabor 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.

Solutions: