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Oracle 1Z0-1057-21 Q&A - in .pdf
- Exam Code: 1Z0-1057-21
- Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
- Updated: Oct 05, 2026
- Q & A: 93 Questions and Answers
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- Exam Code: 1Z0-1057-21
- Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
- Updated: Oct 05, 2026
- Q & A: 93 Questions and Answers
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About Oracle Project Management Cloud 2021 Implementation Essentials - 1Z0-1057-21 Exam
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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Project Billing and Revenue Management | - Contract and Billing Setup
|
| Topic 2: Resource Management | - Resource Structures
|
| Topic 3: Project Execution Management | - Project Planning
|
| Topic 4: Security and Implementation Tools | - Security Configuration
|
| Topic 5: Project Financial Management Setup | - Financial Structures
|
| Topic 6: Project Foundation Setup | - Project Units
|
| Topic 7: Project Cost Management | - Cross-Charge Processing
|
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
Question #1
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 period start date is used for calculating labor demand for the current year.
- C. 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.
- D. The current date is used for calculating labor demand for the current year.
Correct Answer: D 🗳️
Explanation: Only visible for TorrentValid members. You can sign-up / login (it's free).
Question #2
You create a project schedulewith a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)
- A. Exceptions
- B. Time Off
- C. Workday Patterns
- D. Accounting Calendar
- E. Expenditure Type
Correct Answer: A,C 🗳️
Explanation: Only visible for TorrentValid members. You can sign-up / login (it's free).
Question #3
You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitmentfor $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)
- A. 900
- B. 600
- C. 1000
- D. 800
Correct Answer: A 🗳️
Question #4
Which two statements are true about a project in "Draft" status? (Choose two.)
- A. Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
- B. Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.
- C. Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.
- D. Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
Correct Answer: A,C 🗳️
Explanation: Only visible for TorrentValid members. You can sign-up / login (it's free).
Question #5
Whichthreesetups can be configured by using Rapid Implementation for Project Financial Management Applications?
- A. Expenditure Types
- B. Departments
- C. Project Types
- D. Project Templates
Correct Answer: A,B,C 🗳️
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