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Preparation 1z0-1057-24 Store - 1z0-1057-24 Intereactive Testing Engine

To pass the Oracle 1z0-1057-24 certification exam, you need to master complicated subjects related to Oracle Project Management Cloud 2024 Implementation Professional. Real4exams verified Oracle 1z0-1057-24 pdf questions can help you prepare for this exam by covering every topic in the exam and giving you the opportunity to practice for the actual exam. Download Real4exams Oracle 1z0-1057-24 PDF Questions today and get ready to demonstrate your expertise in solving complex Oracle real-life problems.

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Oracle 1z0-1057-24 Exam Syllabus Topics:

Topic
Details

Topic 1

Using Functional Setup Manager: This section measures the skills of functional setup managers and focuses on understanding the Functional Setup Manager and the Rapid Implementation Workbook, which are essential for configuring and deploying Oracle Project Management Cloud applications.

Topic 2

Configure Project Foundation: This section assesses the skills of project foundation specialists and includes setting up project calendars and periods, defining types and categorizations, managing project resources, describing rate schedules, project types, setting up transaction sources, and managing labor schedules to establish a solid foundation for project management.

Topic 3

Configure Project Management: Aimed at project execution managers, this section describes common project execution components, managing issues and deliverables, project requirements, configuring social networks for project execution, managing project gates, and using Application Composer for project execution management to ensure seamless project operations.

Topic 4

Configure Project Control: This section measures the skills of project control specialists and focuses on managing project budgets and forecasts to maintain control over project financials and performance.

Topic 5

Using Program Management: Targeting program managers, this section involves using program management and reporting tools to oversee multiple projects and ensure alignment with organizational objectives.

Topic 6

Configure Project Performance Reporting: This section assesses the skills of performance reporting analysts and includes configuring and managing key performance indicators for project performance reporting to monitor and evaluate project success effectively.

Topic 7

Setting up Common Project Configuration: Targeting project configuration specialists, this section involves managing Subledger Accounting, setting up Project Financial Management Organizations, and managing Reference Data Sharing to ensure consistent and accurate financial reporting.

Topic 8

Configure Project Resource Management: This section measures the skills of resource managers and focuses on defining project enterprise labor resources to optimize resource allocation and utilization.

Topic 9

Configure Project Billing: Targeting billing specialists, this section involves configuring project cross-charging and transfer pricing, and managing project invoicing and revenue processes to ensure accurate and efficient billing operations.

Topic 10

Describing Navigation, User Experience, Personalization, and Approvals: Targeting user experience designers, this section evaluates knowledge of business processes supported by approvals and workflows, setting up approval and notification tasks, and concepts related to navigation, user experience, and personalization within the application.

Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q12-Q17):

NEW QUESTION # 12
Whichthreeare true of what you can do in the Project Requirements work area?

A. Manage your list ofbacklogitems.
B. Create project tasks forbacklogitems.
C. Create an implementation project.
D. Organizebacklogitems by requirements.
E. Create an execution project.

Answer: A,B,D

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapem/manage-project- requirements.html#OAPEM874365 Project Requirements: Explained Requirements enable you to capture your business needs. If you manage projects using the Agile development methodology, you start by identifying the high-level requirements and decomposing them further to manage the completion of work on the requirement.
You use the Project Requirements work area to:
* Organizebacklogitems by requirements
* Manage your list ofbacklogitems
* Create project tasks forbacklogitems

NEW QUESTION # 13
Which four notification templates are predefined?

A. New Account Manager Template
B. New Account Template
C. Password Reset Template
D. Forgot Username Template
E. Forgot Password Template

Answer: A,B,C,D

Explanation:
https://docs.oracle.com/en/cloud/saas/sales/18c/oscus/setting-up-applications-security.html#OSCUS2287154 Predefined Notification Templates Notification Template Description Password Expiry Warning Template Warns the user that a password is expiring soon and provides instructions for resetting the password.
Password Expiration Template
Notifies the user that a password has expired and provides instructions for resetting the password.
Forgot User Name Template
Sends the user name to a user who requested the reminder.
Password Generated Template
Notifies the user that a password has been generated automatically and provides instructions for resetting the password.
Password Reset Template
Sends a reset-password link to a user who requested a new password.
Users can request new passwords by selecting the Forgot Password link on the application Sign In page, or by selecting the Password option on the Preferences page (Settings and Actions > Set Preferences).
Password Reset Confirmation Template
Notifies the user when a password has been reset.
New Account Template
Notifies a user when a user account is created and provides a reset-password link.
New Account Manager Template
Notifies the user's manager when a user account is created.
When you create a user category, it's associated automatically with the predefined notification templates, which are all enabled.
You can't edit the predefined templates. However, you can create templates and disable the predefined versions. Each predefined event can be associated with only one enabled notification template at a time.

NEW QUESTION # 14
Your organization has been awarded a new contract based on which you are allowed to sell:
* Items not tracked in inventory
* Inventory items
* Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

A. Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, project-based".
B. Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".
C. Create two contract lines with a line type each of "sell intent, item, project-based' and "subscription, project-based, sell".
D. Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, project-based".

Answer: D

Explanation:
To sell items not tracked in inventory, inventory items, and services, you can create two contract lines with different line types. The line type of "sell intent, free-form, project-based" allows you to sell any item or service without specifying the item number or quantity. The line type of "sell intent, item, project-based" allows you to sell inventory items by specifying the item number and quantity. Both line types are project- based, meaning they are linked to a project and generate revenue based on project performance.Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-contracts.
html#OAPFM2355835

NEW QUESTION # 15
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. Spread Evenly
B. Standard Unit Cost
C. Actual Unit
D. Current Cost
E. Estimated Cost

Answer: D

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapfm/project-foundation- configuration-manage-project-types.html#OAPFM220111 Topic - Asset Cost Allocation Methods: Explained The asset cost allocation method determines how indirect or common costs incurred on a project are allocated to multiple assets.
You can specify an asset cost allocation method to enable Oracle Fusion Project Costing to automatically allocate unassigned asset lines and common costs across multiple assets. Unassigned asset lines typically occur when more than one asset is assigned to an assetgrouping level.
Projects and project templates inherit a default asset cost allocation method from the associated project type.
You can override the default at the project level. If you use capital events to allocate costs, then you can also override the asset cost allocation method at the event level.
The following table describes the available asset cost allocation methods.
Method
Basis of Cost Allocation
Actual Units
Number of units defined for each asset
Current Cost
Construction-in-process (CIP) cost of each asset
Estimated Cost
Estimated cost of each asset
Standard Unit Cost
Combination of the standard unit cost and the number of units defined for each asset Spread Evenly Equal allocation of cost to each asset

NEW QUESTION # 16
Your organization has decided to enable the common accounting and project accounting periods option while defining business unit implementation options.
Where will you maintain the accounting period statuses if this option has been enabled?

A. Project Costing
B. General Ledger
C. Project Foundation
D. Subledger Accounting

Answer: C

NEW QUESTION # 17
......

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