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

  • Exam Code: 1Z0-1057-23
  • Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
  • Updated: Sep 19, 2026
  • Q & A: 138 Questions and Answers

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Resource Management10%- Manage resource allocation and utilization
- Configure enterprise resource setup
Topic 2: Project Costing20%- Integrate with Time and Labor
- Set up budgetary controls and cost controls
- Configure cost collection, allocations, burdening
Topic 3: Project Management Cloud Overview and Common Configuration15%- Describe architecture and components
- Set up calendars, periods, rate schedules, transaction sources
- Configure enterprise settings, reference data sharing
- Manage security, roles, duties and user experience
Topic 4: Project Billing and Revenue Management20%- Set up revenue recognition and invoicing
- Configure cross-charging, transfer pricing
- Manage contract billing and revenue accounting
Topic 5: Functional Setup Manager and Implementation10%- Use Rapid Implementation Workbook
- Configure and manage implementation projects
Topic 6: Project Planning, Control and Forecasting15%- Set up project controls and performance tracking
- Manage project schedules and progress
- Define project budgets and forecasts
Topic 7: Program Management and Reporting10%- Configure project performance reporting and KPIs
- Set up programs and hierarchies

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Question #1

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

  • A. Oracle Identify Manager
  • B. BPM Work List
  • C. Security Console
  • D. Authorization Policy Manager
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #2

Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS.
Identify two correct statements about the periodic project labor demand.
Response:

  • A. Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
  • B. Labor Demand FTE is calculated as Quaterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
  • C. Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
  • D. Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

Question #3

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. Schedule Exceptions
  • B. Time off
  • C. Expenditure Type
  • D. Accounting Calendar
  • E. Workday Patterns
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #4

You are now the project manager of a newly created implementation project. Which two items are not part of managing an implementation project?

  • A. Enable optional functional areas and features by opting in.
  • B. Monitor the progress of completing setup tasks.
  • C. Select the offering you want to implement.
  • D. Assign tasks to various users who are responsible for managing setup data.
  • E. Generate a list of setup tasks.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

You have defined two expenditure types, but they are not available for selection when you enter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)

  • A. The two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed.
  • B. The two expenditure types are not assigned to the reference data set that is assigned to the project unit in which the transaction is performed.
  • C. The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed.
  • D. The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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