Oracle 1Z0-1057-21 Exam : Oracle Project Management Cloud 2021 Implementation Essentials

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. 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) 800
B) 1000
C) 900
D) 600

2. Your customerhas different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates willbe populated in such invoices? (Choose two.)

A) Project accounting date is the same as the original invoice date.
B) Project accounting date is the first day of the first open project accountingperiod.
C) Project accounting date is the last day of the open project accounting period.
D) Accounting date is the first day of the first open accounting period.
E) Accounting date is the same as the original invoice date.

3. Identify three correct statements about the integration of Primavera P6 Enterprise Project Portfolio Management and Oracle Project Portfolio Management Cloud. (Choose three.)

A) Summarized actual quantity and cost flowfrom Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
B) Event completion flowsfrom Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
C) Billing events flow from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
D) Project plans and progress flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
E) Projects and task definitions flowfrom Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.

4. Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost andActual 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

5. Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these classcategories and codes.
Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)

A) Class codes should be assigned to project unit.
B) Class categoriesshould beassignedtoproject type.
C) Class codesshould beassociated
D) Class categories should be assigned to business unit.

Solutions: