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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: Jul 19, 2026

Q & A: 138 Questions and Answers

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionObjectives
Project Planning and Scheduling- Work breakdown structure (WBS)
  • 1. Task planning and dependencies
    • 2. Scheduling methods and constraints
      Project Management Cloud Fundamentals- Oracle Project Management Cloud overview
      • 1. Core capabilities and architecture
        • 2. Integration with Oracle Cloud ERP
          Financial Management and Reporting- Project financial tracking
          • 1. Budgeting and cost control
            • 2. Revenue and billing integration
              Security and Integration- Access control and roles
              • 1. Integration with ERP modules
                • 2. Project security model
                  Project Execution and Control- Managing project execution
                  • 1. Issue and change management
                    • 2. Progress tracking and updates
                      Project Setup and Configuration- Enterprise project structure setup
                      • 1. Project templates and defaults
                        • 2. Project units and business units

                          Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

                          1. You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
                          Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task 30.
                          Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario.

                          A) Bill set number drives the grouping of transactions.
                          B) Two invoices are created using the same contract.
                          C) Both the contract lines create only a single invoice because they are using the same contract.
                          D) Invoice generation does not depend on bill plan. The invoices are created based on the contract line.


                          2. Identify the attribute of a project type that determines if expenditure items are billable, and the amount type to be used as the basis for transfer pricing. (Choose the best answer.)

                          A) event type
                          B) cost type
                          C) expenditure type
                          D) work type


                          3. Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources. After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost amounts associated with the resources, you suspect that the cost association does not match your client''s expectations. Identify two valid rules based on which cost association works.

                          A) If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with the lowest number at the lowest level.
                          B) If a transaction maps to more than one level, Oracle PPM Cloud sums the precedence numbers for all resource type in the branch and gives precedence to the resource element in the branch with the highest sum.
                          C) If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
                          D) If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.


                          4. When scheduling the Update Project Performance Data process to run on a periodic basis, which summarization method would you select? (Choose the best answer.)

                          A) Incremental
                          B) Summary
                          C) Bulk
                          D) Detail


                          5. Which three features are part of Oracle Fusion Functional Setup Manager?

                          A) feature opt-in for a best fit configuration
                          B) updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
                          C) export and import services for setup data migration between environments
                          D) guided task list for end-to-end setup requirements
                          E) modifying an existing implementation project task list by selecting more functional areas when needed


                          Solutions:

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

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