Free Oracle Project Management Cloud 2024 Implementation Professional Exam 1Z0-1057-24 Exam Practice Test

Which product offering enables you to collaboratively plan and deliver projects by leveraging intuitive and integrated scheduling tools?

• Resource Management
• Project Control
• Project Management
• Project Costing

You are managing a project based on a Waterfall model. You define a project and a project plan inOracle Project Portfolio Management with tasks and subtasks applicable to each of the phases of the project: Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works. Identify the two correct statements in this respect. (Choose two.)

• A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
• The association of a deliverable with a task is dependent on associating a requirement with a task.
• A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
• You associate a deliverable with a task, independent of associating a requirement with a task.

Which component provides a human workflow service that handles all interactions with users or groups in business processes?

• Security Console
• SOA Suite
• Subledger Accounting
• BPM Worklist

Green House Corporation has decided to enable the budgetary control feature for their projects. At which two levels will they be able to enter the amounts in the budget versions for these projects?(Choose two.)

• Expenditure Type
• Task
• Top resource
• Expenditure Category
• Project

Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.Which reference data sharing method would you set up to meet the customer requirement? (Choose the best answer.)

• assignment to one set only with common values
• assignment to one set only; no common values allowed
• assignment to multiple sets; common values allowed
• assignment to multiple sets; no common values allowed

Which four notification templates are predefined?

• Password Reset Template
• New Account Template
• Forgot Password Template
• Forgot Username Template
• New Account Manager Template

You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Management with tasks and subtasks applicable to each of the phases of the project: Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works.Which two are correct statements in this scenario? (Choose two.)

• The association of a deliverable with a task is dependent on associating a requirement with a task.
• You associate a deliverable with a task independent of associating a requirement with a task.
• A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
• A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.

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.)

• Receipt Accounting
• Payables
• Fixed Asset
• Purchasing

You are implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-charge transactions happen between business units within the same legal entity. Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.Identify two setups that can drive this borrowed and lent agreement. (Choose two.)

• Transfer price basis must be Raw Cost and calculation method must be Basis Only.
• Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
• A document entry such as straight time must be enabled for cross-charge transactions.
• Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.

Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)

• Project Manager Template for Project Organization Security
• Project Administrator Template for Project Organization Security
• Project Creator Template for Project Organization Security
• Project Accountant Template for Project Organization Security
• Project Billing Specialist Template for Project Organization Security