- Exam Code: 1Z0-1057-23
- Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
- Updated: Jul 30, 2026
- Q & A: 138 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Program Management and Reporting | 10% | - Configure project performance reporting and KPIs - Set up programs and hierarchies |
| Topic 2: Functional Setup Manager and Implementation | 10% | - Configure and manage implementation projects - Use Rapid Implementation Workbook |
| Topic 3: Project Planning, Control and Forecasting | 15% | - Manage project schedules and progress - Define project budgets and forecasts - Set up project controls and performance tracking |
| Topic 4: Project Billing and Revenue Management | 20% | - Configure cross-charging, transfer pricing - Set up revenue recognition and invoicing - Manage contract billing and revenue accounting |
| Topic 5: Resource Management | 10% | - Manage resource allocation and utilization - Configure enterprise resource setup |
| Topic 6: Project Management Cloud Overview and Common Configuration | 15% | - Set up calendars, periods, rate schedules, transaction sources - Manage security, roles, duties and user experience - Describe architecture and components - Configure enterprise settings, reference data sharing |
| Topic 7: Project Costing | 20% | - Configure cost collection, allocations, burdening - Set up budgetary controls and cost controls - Integrate with Time and Labor |
1. 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 for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
B) 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.
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.
2. Your customer wants a project start date to cascade to the project tasks but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this. (Choose the best answer.)
A) Cascade change to the start date and the finish date.
B) Do not cascade date changes.
C) Cascade change to the start date.
D) Cascade change to the finish date.
3. You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error.
Identify two reasons for this problem.
A) Pending burden summarization items have not been processed.
B) Unaccounted transactions are not imported.
C) The corresponding Oracle Payables Cloud accounting period has not been closed.
D) Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
E) Unaccounted transactions have not been swept to the next period.
4. Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accounting close cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)
A) Bell Curve
B) S-Curve
C) Even
D) Back Loaded
E) Daily Spread Basis
5. While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status.
A) You opened the hierarchy by clicking the name.
B) You used View Tree Version in the action menu.
C) You selected the Edit icon for opening the hierarchy.
D) You used Create Tree Version in the action menu.
E) You used Create Tree in the action menu.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: A |
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