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Oracle Project Management Cloud 2021 Implementation Essentials - 1Z0-1057-21 real prep

1Z0-1057-21
  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Oct 21, 2026
  • Q & A: 93 Questions and Answers
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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Project Execution and Control- Task Management and Scheduling
- Progress Tracking and Reporting
- Resource Assignment and Utilization
Integration and Configuration- Integration with Oracle Financials Cloud
- Integration with Oracle HCM Cloud
Security and Data Access- Role-Based Access Control
- Project Security Configuration
Project Financial Management- Revenue Recognition Basics
- Cost Management and Control
- Budgeting and Forecasting
Project Management Cloud Setup and Configuration- Project Types and Templates Configuration
- Enterprise Project Structure (EPS) and Project Setup
Reporting and Analytics- OTBI and Dashboard Usage
- Project Performance Reporting

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Question #1

You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
AssociatedProject 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 70
  • C. USD 120
  • D. USD 134
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #2

Your customer has separate organizationsto maintain indirect, capital, and billing types of projects.
Identify the two setups that can be used to fulfill this requirement. (Choose two.)

  • A. Project Type
  • B. Business Unit
  • C. Project Accounting Business Function
  • D. Organization Tree
  • E. Project Organization Classification
Reveal Solution  Discussion  0

Correct Answer: D,E  🗳️

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Question #3

Whichfivesteps are required for the File-Based Data Import Integration option?

  • A. Download an Excel template.
  • B. Populate the spreadsheet with data and generate a CSV file.
  • C. Install an Excel add-in.
  • D. Import data into various applications.
  • E. Run Process to transfer data to interface tables.
  • F. Upload the file to the server.
Reveal Solution  Discussion  0

Correct Answer: A,B,C,E,F  🗳️

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Question #4

You are now the project manager of a newly created implementation project. Which two items arenotpart of managing an implementation project?

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

Correct Answer: A,E  🗳️

Question #5

Which setup option is common to both financial and project plan types?

  • A. Identify whether the plantype is the default selection when you create budget or forecast versions.
  • B. Enable the entry of plan amounts in currencies other than the project currency.
  • C. Manage the options for creating control budgets in Oracle Fusion Budgetary Control.
  • D. Enable the use of a workflow for managing budget or forecasting status changes.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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