Exam Code: 1Z0-1057-21
Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
Updated: Sep 09, 2026
Q & A: 93 Questions and Answers
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| Section | Objectives |
|---|---|
| Security and Data Access | - Project Security Configuration - Role-Based Access Control |
| Project Execution and Control | - Resource Assignment and Utilization - Progress Tracking and Reporting - Task Management and Scheduling |
| Integration and Configuration | - Integration with Oracle HCM Cloud - Integration with Oracle Financials Cloud |
| Project Financial Management | - Revenue Recognition Basics - Budgeting and Forecasting - Cost Management and Control |
| Project Management Cloud Setup and Configuration | - Project Types and Templates Configuration - Enterprise Project Structure (EPS) and Project Setup |
| Reporting and Analytics | - OTBI and Dashboard Usage - Project Performance Reporting |
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.)
Correct Answer: B,C,D π³οΈ
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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.)
Correct Answer: B π³οΈ
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You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitmentfor $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)
Correct Answer: A π³οΈ
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Whichthreefile-based data imports are available for use in Oracle Project Portfolio Management Cloud?
Correct Answer: A,B,C π³οΈ
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Identifythethreecontract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three
Correct Answer: C,D,E π³οΈ
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