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Oracle 1Z0-1057-24 Exam Dumps

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Description

Exam Name: Oracle Project Management Cloud 2024 Implementation Professional
Exam Code: 1Z0-1057-24

Related Certification(s):

  • Oracle Cloud Certifications
  • Oracle Enterprise Resource Planning ERP Certifications
Certification Provider: Oracle
Actual Exam Duration: 90 Minutes
Number of 1Z0-1057-24 practice questions in our database: 126

Expected 1Z0-1057-24 Exam Topics, as suggested by Oracle :

  • Module 1: Project Management Overview: This section assesses the skills of project management consultants and focuses on understanding the components of Oracle Project Management Cloud, including its integration capabilities.
  • Module 2: Describing Navigation, User Experience, Personalization, and Approvals: Targeting user experience designers, this section evaluates knowledge of business processes supported by approvals and workflows, setting up approval and notification tasks, and concepts related to navigation, user experience, and personalization within the application.
  • Module 3: Describing Applications Security: Aimed at security administrators, this section covers the Applications Security Console, identification of roles in a seeded security implementation, and management of roles and duties to ensure secure access and operations.
  • Module 4: Using Functional Setup Manager: This section measures the skills of functional setup managers and focuses on understanding the Functional Setup Manager and the Rapid Implementation Workbook, which are essential for configuring and deploying Oracle Project Management Cloud applications.
  • Module 5: Setting up Common Project Configuration: Targeting project configuration specialists, this section involves managing Subledger Accounting, setting up Project Financial Management Organizations, and managing Reference Data Sharing to ensure consistent and accurate financial reporting.
  • Module 6: Configure Project Foundation: This section assesses the skills of project foundation specialists and includes setting up project calendars and periods, defining types and categorizations, managing project resources, describing rate schedules, project types, setting up transaction sources, and managing labor schedules to establish a solid foundation for project management.
  • Module 7: Configure Project Costing: Aimed at cost management analysts, this section covers configuring the Project Cost Collection Center, managing burdening and allocations, explaining capitalized interest calculations, describing budgetary controls, configuring Time & Labor for projects, and managing integrations to ensure accurate project costing.
  • Module 8: Configure Project Control: This section measures the skills of project control specialists and focuses on managing project budgets and forecasts to maintain control over project financials and performance.
  • Module 9: Configure Project Billing: Targeting billing specialists, this section involves configuring project cross-charging and transfer pricing, and managing project invoicing and revenue processes to ensure accurate and efficient billing operations.
  • Module 10: Configure Project Performance Reporting: This section assesses the skills of performance reporting analysts and includes configuring and managing key performance indicators for project performance reporting to monitor and evaluate project success effectively.
  • Module 11: Configure Project Management: Aimed at project execution managers, this section describes common project execution components, managing issues and deliverables, project requirements, configuring social networks for project execution, managing project gates, and using Application Composer for project execution management to ensure seamless project operations.
  • Module 12: Configure Project Resource Management: This section measures the skills of resource managers and focuses on defining project enterprise labor resources to optimize resource allocation and utilization.
  • Module 13: Using Program Management: Targeting program managers, this section involves using program management and reporting tools to oversee multiple projects and ensure alignment with organizational objectives.

Description

Exam Name: Oracle Project Management Cloud 2024 Implementation Professional
Exam Code: 1Z0-1057-24

Related Certification(s):

  • Oracle Cloud Certifications
  • Oracle Enterprise Resource Planning ERP Certifications
Certification Provider: Oracle
Actual Exam Duration: 90 Minutes
Number of 1Z0-1057-24 practice questions in our database: 126

Expected 1Z0-1057-24 Exam Topics, as suggested by Oracle :

  • Module 1: Project Management Overview: This section assesses the skills of project management consultants and focuses on understanding the components of Oracle Project Management Cloud, including its integration capabilities.
  • Module 2: Describing Navigation, User Experience, Personalization, and Approvals: Targeting user experience designers, this section evaluates knowledge of business processes supported by approvals and workflows, setting up approval and notification tasks, and concepts related to navigation, user experience, and personalization within the application.
  • Module 3: Describing Applications Security: Aimed at security administrators, this section covers the Applications Security Console, identification of roles in a seeded security implementation, and management of roles and duties to ensure secure access and operations.
  • Module 4: Using Functional Setup Manager: This section measures the skills of functional setup managers and focuses on understanding the Functional Setup Manager and the Rapid Implementation Workbook, which are essential for configuring and deploying Oracle Project Management Cloud applications.
  • Module 5: Setting up Common Project Configuration: Targeting project configuration specialists, this section involves managing Subledger Accounting, setting up Project Financial Management Organizations, and managing Reference Data Sharing to ensure consistent and accurate financial reporting.
  • Module 6: Configure Project Foundation: This section assesses the skills of project foundation specialists and includes setting up project calendars and periods, defining types and categorizations, managing project resources, describing rate schedules, project types, setting up transaction sources, and managing labor schedules to establish a solid foundation for project management.
  • Module 7: Configure Project Costing: Aimed at cost management analysts, this section covers configuring the Project Cost Collection Center, managing burdening and allocations, explaining capitalized interest calculations, describing budgetary controls, configuring Time & Labor for projects, and managing integrations to ensure accurate project costing.
  • Module 8: Configure Project Control: This section measures the skills of project control specialists and focuses on managing project budgets and forecasts to maintain control over project financials and performance.
  • Module 9: Configure Project Billing: Targeting billing specialists, this section involves configuring project cross-charging and transfer pricing, and managing project invoicing and revenue processes to ensure accurate and efficient billing operations.
  • Module 10: Configure Project Performance Reporting: This section assesses the skills of performance reporting analysts and includes configuring and managing key performance indicators for project performance reporting to monitor and evaluate project success effectively.
  • Module 11: Configure Project Management: Aimed at project execution managers, this section describes common project execution components, managing issues and deliverables, project requirements, configuring social networks for project execution, managing project gates, and using Application Composer for project execution management to ensure seamless project operations.
  • Module 12: Configure Project Resource Management: This section measures the skills of resource managers and focuses on defining project enterprise labor resources to optimize resource allocation and utilization.
  • Module 13: Using Program Management: Targeting program managers, this section involves using program management and reporting tools to oversee multiple projects and ensure alignment with organizational objectives.

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Q1. 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. Create an execution project.

D. Create project tasks for backlog items.

E. Manage your list of backlog items.

Correct Answer: B, D, E

Q2. What are three configuration items that you need to set up by using the Project Organizations functional area in Project Financial Management configurations? (Choose three.)

A.Manage Project Unit Organizations

B. Mange Business Unit

C. Manage Project Organization Classifications

D. Mange Project Types

E. Manage Project Unit Options

Correct Answer: A, C, E

Q3. 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.work type

B. event type

C. cost type

D. expenditure type

Correct Answer: A

Q4. You have a billable project for which the following details are provided: Associated Inception-To-Date (ITD) Project Actual Cost: USD 60 Associated Project Budgeted Cost: USD 300 Contract Amount: USD 1000 Project Funded Amount: USD 750 Sum of Existing Revenue Events: USD 80 Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)

A.USD 184

B. USD 120

C. USD 134

D. USD 70

Correct Answer: D

Q5. Which two statements describe how the Resource Qualification Score is calculated?

A.An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource does not have the qualification.

B. An individual's score is 100% if the resource request has a qualification, but no proficiency is specified, and the resource has the qualification.

C. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification that meets the specified proficiency.

D. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification with a proficiency that is lower or higher than specified.

Correct Answer: B, C

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