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

  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Jul 27, 2026
  • Q&As: 93 Questions and Answers

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Security and Implementation Tools- Implementation Utilities
  • 1. Setup Data Migration
  • 2. Functional Setup Manager
  • 3. Rapid Implementation Spreadsheets
- Security Configuration
  • 1. Data Access Security
  • 2. Project Roles
Topic 2: Project Execution Management- Project Planning
  • 1. Task Management
  • 2. Resource Assignments
  • 3. Work Plans
- Project Control
  • 1. Budgets
  • 2. Forecasts
  • 3. Performance Reporting
Topic 3: Resource Management- Resource Structures
  • 1. Resource Calendars
  • 2. Project Staffing
  • 3. Resource Requests
Topic 4: Project Billing and Revenue Management- Contract and Billing Setup
  • 1. Billing Events
  • 2. Invoice Generation
  • 3. Revenue Recognition
Topic 5: Project Cost Management- Cross-Charge Processing
  • 1. Borrowed and Lent Transactions
  • 2. Transfer Pricing
- Cost Collection and Processing
  • 1. Supplier Cost Processing
  • 2. Cost Transactions
  • 3. Expense Management Integration
Topic 6: Project Financial Management Setup- Project Types and Templates
  • 1. Project Classes
  • 2. Project Statuses
  • 3. Project Roles
- Financial Structures
  • 1. Transaction Sources
  • 2. Expenditure Categories
  • 3. Expenditure Types
Topic 7: Project Foundation Setup- Project Units
  • 1. Implementation Options
  • 2. Reference Data Sets
  • 3. Business Units

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created underprojects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem?
(Choose the best answer.)

A) The quality manager belongs to a department that is not associated with the project.
B) The quality manager is not assigned with a supervisor.
C) The "Require Task Managers to be Project Team Members" profile option is set to No.
D) The "Require Task Managers to be Project Team Members" profile option is set to Yes.


2. When implementing Project Performance Reporting, your customer has the following requirements:
* Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.
* As long as a project cost is less than the threshold, the project should be shown as on-track.
Which threshold levelrule is ideal for this kind of KPI definition? (Choose the best answer.)

A) multiple threshold levels
B) single threshold level value
C) multiple threshold level value
D) single threshold level range


3. Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources page.
An HCM person is included in a condition with a process ordervalue of 1 and, additionally, there are three other conditions, all with a process order value of 10. Identify two correct statements about the Maintain Project Enterprise Labor Resources process as it relates to process order values. (Choose two.)

A) The process creates a resource by using the conditions with a process order value of 10 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
B) For the three conditions that have the same process order value of 10, the records are processed in ascending alphabetic orderbased on the condition name.
C) For the three conditions that have the same process order value of 10, the records are processed in ascending numeric order based on the condition name.
D) The process creates a resource by using the condition with a process order value of 1 but does not create more than one resource for the same person even if subsequent conditions apply to the person.


4. Your customer wants to generate accounting based on project information associated with the transaction for all subledger transactions. Identify three subledger applications for which the project source is available for deriving accounts when configuring subledger accounting. (Choose three.)

A) Receipt Accounting
B) Fixed Asset
C) Purchasing
D) Payables


5. While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)

A) project unit
B) project classification
C) project organization
D) project type


Solutions:

Question # 1
Answer: D
Question # 2
Answer: B
Question # 3
Answer: B,D
Question # 4
Answer: A,C,D
Question # 5
Answer: D

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