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

1Z0-1057-21 pass collection

Exam Code: 1Z0-1057-21

Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials

Updated: Sep 03, 2026

Q & A: 93 Questions and Answers

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Applications Security Overview
Configure Project Control
Common Project Configuration
Configure Project Foundation
Configure Project Costing
Project Management Overview
Configure Project Performance Reporting
Configure Project Resource Management
Configure Project Billing
Navigation, User Experience, Personalization and Approvals
Configure Project Management
Functional Setup Manager

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Yourcustomer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)

A. Accounting Periods
B. PA-GL Periods
C. Project Accounting Periods
D. PA Calendar
E. Calendar Types


Question 2

While opening an organization tree on the Manage OrganizationTrees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status. ( Choose two.)

A. You used View Tree Version in the action menu.
B. You selected theEdit iconfor opening the hierarchy.
C. You opened the hierarchy by clicking the name.
D. You used Create Tree Version in the action menu.
E. You usedCreate Treein the action menu.


Question 3

Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certainnumber of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)

A. time calculation rules
B. time audit rules
C. time entry rules
D. project time validation rules


Question 4

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 listscope, 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.


Question 5

You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they reviewthe rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)

A. Allocate to all eligible tasks and prorate the allocation by thetotal actual raw costaccrued for each task during theprevious accounting period.
B. Allocate rental costs once each accounting period by using the"full" allocation method.
C. Define allocationbasis by using Actual Amounts with aperiod-to-date amount class.
D. Define allocation basis by using Actual Amounts with a project-to-date amount class.
E. Allocate rental costs once each accounting period by using the "spread evenly" allocation method.


Solutions:

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

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