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

  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Aug 19, 2026
  • Q & A: 93 Questions and Answers

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

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

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

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Whichfivesteps are required for the File-Based Data Import Integration option?

A) Populate the spreadsheet with data and generate a CSV file.
B) Import data into various applications.
C) Install an Excel add-in.
D) Upload the file to the server.
E) Run Process to transfer data to interface tables.
F) Download an Excel template.


2. In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)

A) common costs on the project/task
B) expenditure items whose costs are applied to a single asset or multiple assets
C) expenditure items whose cost spreads across multiple assets that are capitalized
D) expenditure type exclusions on the Capitalized Interest rate schedules
E) expenditure type exclusions on the Capitalized Interest rate name


3. Your customer accounts revenue based on, product class category. Because all your customer's projects are funded by private and government institutions, theydecide to classify all projects based on their funding source to accurately report on revenue in General Ledger. Accordingly, you create a new class category "Funding Source" and assign it to all projects. However, you notice that the accounting is still happening based on product class category. Identify the reason for this problem. (Choose the best answer.)

A) Funding source class category is assigned to all project types.
B) Funding source class category is enabled for "available as accounting source".
C) Product class category is not enabled for "available as accounting source".
D) Funding source class category is not enabled for "available as accountingsource".


4. Yourcustomer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)

A) PA Calendar
B) PA-GL Periods
C) Accounting Periods
D) Calendar Types
E) Project Accounting Periods


5. Whichtwoattributes are available while enabling a task as a business object for social networking?

A) Task
B) Project
C) Creation Date
D) Project Number
E) Task Number


Solutions:

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

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