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Oracle 1Z0-1057-21

1Z0-1057-21

Exam Code: 1Z0-1057-21

Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials

Updated: Jul 31, 2026

Q&A Number: 93 Q&As

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Project Management Cloud Setup and Configuration- Enterprise Project Structure (EPS) and Project Setup
- Project Types and Templates Configuration
Project Financial Management- Cost Management and Control
- Budgeting and Forecasting
- Revenue Recognition Basics
Security and Data Access- Role-Based Access Control
- Project Security Configuration
Reporting and Analytics- Project Performance Reporting
- OTBI and Dashboard Usage
Project Execution and Control- Resource Assignment and Utilization
- Task Management and Scheduling
- Progress Tracking and Reporting
Integration and Configuration- Integration with Oracle HCM Cloud
- Integration with Oracle Financials Cloud

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. You search for resources to fulfill a project resource request but are unable to proceed after receiving the following error message: "Thesearch for resources cannot be completed because the project resource search index is not available. Contact your help desk." Identify the cause for this error message. (Choose the best answer.)

A) The index is in the process of being updated.
B) The index is not in the process.
C) The index has been built.
D) The most recent update of the index finished successfully.


2. Youare 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-chargetransactions 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. (Choosetwo.)

A) Transfer price basis must beRaw Costand calculation method must beBasis Only.
B) A document entry such asstraight time must be enabledfor cross-charge transactions.
C) Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
D) Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.


3. Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets basedon the construction-in-process cost of each asset.Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement. (Choose the best answer.)

A) Estimated Cost
B) Current Cost
C) Standard Unit Cost
D) Spread Evenly
E) Actual Unit


4. Identify three correct statements about the integration of Primavera P6 Enterprise Project Portfolio Management and Oracle Project Portfolio Management Cloud. (Choose three.)

A) Event completion flowsfrom Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
B) Summarized actual quantity and cost flowfrom Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
C) Project plans and progress flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
D) Billing events flow from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
E) Projects and task definitions flowfrom Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.


5. 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 accountingclose 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) Daily Spread Basis
B) Bell Curve
C) Back Loaded
D) Even
E) S-Curve


Solutions:

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

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