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Oracle 1z0-1057-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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.
Topic 2	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.
Topic 3	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.
Topic 4	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.
Topic 5	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.
Topic 6	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.
Topic 7	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.
Topic 8	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.

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Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q109-Q114):

NEW QUESTION # 109
After completing setups in a source environment, your customer wants to move the setup data to a target environment. Identify the two statements related to task list scope, which you must consider before taking a decision based on the customer requirement. (Choose two.)

A. A scope value is used to assign users who can perform a task within an implementation project.
B. Exported setup data can befiltered by specific scope valuesif the business object has scope enabled for the setup data export.
C. A task list can besegmented by a scope valueand a task can be performed for each qualifying value of the selected object.
D. Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.

Answer: B,C

Explanation:
Reference: https://docs.oracle.com/cd/E60665_01/common/OAFSM/OAFSM1166430.htm#OAFSM1166426

NEW QUESTION # 110
Your customer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement.
(Choose the best answer.)

A. Journal Rules
B. Supporting References
C. Accounting Method
D. Mapping Sets
E. Accounting Rule

Answer: B

Explanation:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125357.htm#OAPFM1125357 Assignment of Supporting References Supporting references may be used to capture transaction values on journal entry lines. A supporting reference can be used on a journal entry rule set only if it's assigned a source from the event class of the journal entry rule set.
Creating Supporting References: Explained
Supporting references are used to store additional source information about a subledger journal entry at the line level.
Supporting references with balances establish subledger balances for a particular source and account for a particular combination of supporting references plus the account combination.
For example:
* If a journal line contains a supporting reference that includes two sources, Customer Type and Customer Name.
* Balances are created for the account combination, plus customer name and customer type.
Examples of how you may want to use supporting reference balances are to:
* Facilitate reconciliation back to the subledgers and source systems by tagging journal entries with transaction and reference attributes.
* Create balances by dimensions not captured in the chart of accounts.
* Reporting using dimensions not captured in the chart of accounts.
* Enrich Oracle Fusion Business Intelligence Applications reporting on subledger journals.
* Profit and loss balances by dimensions not captured in the chart of accounts Define supporting references to hold additional supporting information for detailed account balancemaintenance or reconciliation and reporting requirements.

NEW QUESTION # 111
Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)

A. Effort
B. Manual Entry
C. Remaining Plan
D. Cost

Answer: D

Explanation:
Reference: https://ppm-help.saas.hpe.com/en/9.42/Help/Content/UG/PjMUG/view_pj_cost_data_costtab.htm Below is an example of the Financial Summary view on the Cost tab of the Project Overview page.
https://admhelp.microfocus.com/ppm/en/9.42/Help/Content/UG/PjMUG/images
/ProjectOverviewPage_CostTab.gif

NEW QUESTION # 112
Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)

A. If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.
B. If the "Allow resource changes at project level" option is set toNofor the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
C. If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.
D. If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.

Answer: B

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/fapfm/implementing-project- financial-management-applications.html#FAPFM969761 Topic - Entering Planning Resource Breakdown Structure Details
* ClickNavigator > Setup and Maintenance, and search for theManage Planning and Billing Resource Breakdown Structurestask.
* Click theManage Planning and Billing Resource Breakdown Structureslink.
Use the Manage Planning and Billing Resource Breakdown Structures page to create new planning resource breakdown structures and to review existing planning and billing resource breakdown structures.
* Click theCreateicon in the Planning Resource Breakdown Structures section.
* Use the Create Planning Resource Breakdown Structure: Basic Information page to provide basic resource breakdown structure information including the name, active dates, and project unit.
* Enter a planning resource breakdown structure name and select a date from which the resource breakdown structure is available for use.
* Optionally, provide a description and a date to which the planning resource breakdown structure is available for use.
* Select a project unit. Only projects created for the selected project unit can use this planning resource breakdown structure.
* If you want to allow project managers to add planning resources at the project level, then select the Allow resource changes at project levelcheck box.
Tip:Changes at the project level don't move back to the parent planning resource breakdown structure.
Deselect this option to ensure all project using the planning resource breakdown structure use the same resources.
* Optionally, select aJob Setas a source of jobs for creating planning resources on your planning resource breakdown structure.
* ClickSave.

NEW QUESTION # 113
Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets basedon the construction-in-process cost of each asset.Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement. (Choose the best answer.)

A. Spread Evenly
B. Current Cost
C. Standard Unit Cost
D. Actual Unit
E. Estimated Cost

Answer: B

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapfm/project-foundation- configuration-manage-project-types.html#OAPFM220111 Topic - Asset Cost Allocation Methods: Explained The asset cost allocation method determines how indirect or common costs incurred on a project are allocated to multiple assets.
You can specify an asset cost allocation method to enable Oracle Fusion Project Costing to automatically allocate unassigned asset lines and common costs across multiple assets. Unassigned asset lines typically occur when more than one asset is assigned to an assetgrouping level.
Projects and project templates inherit a default asset cost allocation method from the associated project type.
You can override the default at the project level. If you use capital events to allocate costs, then you can also override the asset cost allocation method at the event level.
The following table describes the available asset cost allocation methods.
Method
Basis of Cost Allocation
Actual Units
Number of units defined for each asset
Current Cost
Construction-in-process (CIP) cost of each asset
Estimated Cost
Estimated cost of each asset
Standard Unit Cost
Combination of the standard unit cost and the number of units defined for each asset Spread Evenly Equal allocation of cost to each asset

NEW QUESTION # 114
......

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New Certification 1z0-1057-24 Exam Infor | High Pass-Rate 1z0-1057-24: Oracle Project Management Cloud 2024 Implementation Professional 100% Pass

Oracle 1z0-1057-24 Exam Syllabus Topics:

Certification 1z0-1057-24 Exam Infor Pass Certify| Pass-Sure 1z0-1057-24 Vce Torrent: Oracle Project Management Cloud 2024 Implementation Professional

Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q109-Q114):

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