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

  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Sep 12, 2026
  • Q & A: 93 Questions and Answers

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Functional Setup Manager
Topic 2: Configure Project Billing
Topic 3: Applications Security Overview
Topic 4: Common Project Configuration
Topic 5: Configure Project Foundation
Topic 6: Navigation, User Experience, Personalization and Approvals
Topic 7: Configure Project Control
Topic 8: Configure Project Management
Topic 9: Configure Project Resource Management
Topic 10: Configure Project Costing
Topic 11: Configure Project Performance Reporting
Topic 12: Project Management Overview

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Question #1

You haveprojects and tasks defined with transaction controls, which does not allow certain types of charges to the project. Your business needs to create invoices in AP with this project every period and hence would like to make the process easier by creating a distribution set. As you create the distribution set, you notice that thesedistribution set lines are not validated against the project transaction controlsand you are allowed to save it without any validation errors. Identify the why the project transaction controls are not applied. ( Choose the best answer.)

  • A. There is no expenditure type information available on the distribution set line.
  • B. There is noexpenditure item dateinformation available on the distribution set line.
  • C. There is no expenditure organization information available on the distribution set line.
  • D. The account code combination is not available on the distribution set line.
Answer: B

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Question #2

Your customer has the following setups onthe project plan type that they are using for their projects:
Use Task Planned Dates as Task Assignment Dates = Yes
Automatically Roll Up Task Planned Dates = Yes
Synchronize Task Transaction Dates with Planned Dates = No
With these setups in place, youperform the following actions:
1. Create a new subtask (Sub Task 1) with a start date of 15-Jun-2016 on the project that has as start date of
01-Jul-2016.
2. Create another new subtask (Sub Task 2) after the previous action is saved.
What would thecorrect behavior of the application be after these actions? (Choose the best answer.)

  • A. After the creation of Sub Task 1, Project Start Date would remain unchanged as 01-Jul-2016 and Sub Task 2 would be created with 15-Jun-2016.
  • B. Project Start Date would remain unchanged as 01-Jul-2016 for both actions but the start dates on both subtasks would remain 15-Jun-2016.
  • C. After the creation of Sub Task 1, Project Start Date would be changed to 15-Jun-2016 and Sub Task 2 would be created with 15-Jun-2016.
  • D. After the creation andsaving of Sub Task 1, Task Start Date would be changed to 01-Jul-2016 and Sub Task 2 would be created with 01-Jul-2016.
Answer: C

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Question #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. Projects and task definitions flowfrom Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
  • 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. Event completion flowsfrom Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
Answer: A,B,E

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Question #4

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 rental costs once each accounting period by using the "spread evenly" allocation method.
  • B. Define allocationbasis by using Actual Amounts with aperiod-to-date amount class.
  • C. Define allocation basis by using Actual Amounts with a project-to-date amount class.
  • D. Allocate to all eligible tasks and prorate the allocation by thetotal actual raw costaccrued for each task during theprevious accounting period.
  • E. Allocate rental costs once each accounting period by using the"full" allocation method.
Answer: B,D,E
Question #5

Which setup option is common to both financial and project plan types?

  • A. Manage the options for creating control budgets in Oracle Fusion Budgetary Control.
  • B. Enable the use of a workflow for managing budget or forecasting status changes.
  • C. Identify whether the plantype is the default selection when you create budget or forecast versions.
  • D. Enable the entry of plan amounts in currencies other than the project currency.
Answer: D

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