Oracle 1z0-1057-24 Vce Files & Reliable 1z0-1057-24 Exam Review

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Oracle 1z0-1057-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Project Management Overview: This section assesses the skills of project management consultants and focuses on understanding the components of Oracle Project Management Cloud, including its integration capabilities.
Topic 2	Configure Project Costing: Aimed at cost management analysts, this section covers configuring the Project Cost Collection Center, managing burdening and allocations, explaining capitalized interest calculations, describing budgetary controls, configuring Time & Labor for projects, and managing integrations to ensure accurate project costing.
Topic 3	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 4	Describing Applications Security: Aimed at security administrators, this section covers the Applications Security Console, identification of roles in a seeded security implementation, and management of roles and duties to ensure secure access and operations.
Topic 5	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 6	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 7	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 8	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.

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Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q55-Q60):

NEW QUESTION # 55
You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created under projects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem?
(Choose the best answer.)

A. The "Require Task Managers to be Project Team Members" profile option is set to No.
B. The "Require Task Managers to be Project Team Members" profile option is set to Yes.
C. The quality manager is not assigned with a supervisor.
D. The quality manager belongs to a department that is not associated with the project.

Answer: B

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/fapfm/introducing-oracle- project-portfolio-management-cloud-services.html#FAPFM428138 Topic - Project Foundation Profile Options Profile Option Name - Task Managers Must Be Project Team Members Description - Specify whether task managers must be project team members.
Values - No (Default) /Yes
Setup Task Name -Require Task Managers to be Project Team Members

NEW QUESTION # 56
Identify three correct statements about project types. (Choose three.)

A. Classifications can be assignedat project type.
B. Project type can be associated with multiple project units.
C. Project type can be usedas a sourcein subledger accounting.
D. Project type can beenabled for both billing and capitalization.
E. Summarization options can be specified at project type.

Answer: B,C,E

Explanation:
Project type is a classification that defines the common attributes and processing options for projects. Some of the correct statements about project type are:
* Project type can be used as a source in subledger accounting. This allows you to create accounting rules based on the project type attribute.
* Summarization options can be specified at project type. This allows you to control how the project transactions are summarized for reporting and performance purposes.
* Project type can be associated with multiple project units. This allows you to share the same project type across different business units or organizations. Project type cannot be enabled for both billing and capitalization, as these are mutually exclusive options. Classifications cannot be assigned at project type, but at project or task level. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio- management/20c/oapfm/set-up-project-financial-management.html#OAPFM2355971

NEW QUESTION # 57
Whichtwoattributes are available while enabling a task as a business object for social networking?

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

Answer: A,B

Explanation:
To enable a task as a business object for social networking, you need to select the task and the project attributes. These attributes allow you to identify the task and the project it belongs to, and to view the social conversations related to them. Task number and creation date are not available as attributes for social networking. Project number is available, but it is not required to enable a task as a business object.Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-tasks.
html#OAPFM2355891

NEW QUESTION # 58
While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)

A. project organization
B. project unit
C. project type
D. project classification

Answer: C

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjf/define-project.
html#OAPJF220111
Asset Cost Allocation Methods
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 asset grouping 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 Asset Cost Allocation Methods 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 # 59
You have four resources in your organization: P, Q, R, and S.
Resource P - Project or resource calendar is active.
Resource Q - Project resource request dates are within the project or resource calendar effective dates.
Resource R - Resource calendar is complex, it does not contain seven days, and it contains more than one pattern and shift.
Resource S - Number of working days within the requested date range is not zero on the project or resource calendar.
Identify the resource for whom Resource Availability Capacity Score will not be calculated. (Choose the best answer.)

A. P
B. R
C. Q
D. S

Answer: B

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/evaluate-and-assign- resources.html#OAPEM916359 Topic -Resource Available Capacity Score: How It's Calculated Calendars Used to Calculate Resource Available Capacity Scores How the Resource Available Capacity Score Is Calculated

NEW QUESTION # 60
......

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ORACLE 1Z0-1057-24 VCE FILES & RELIABLE 1Z0-1057-24 EXAM REVIEW

Oracle 1z0-1057-24 Vce Files & Reliable 1z0-1057-24 Exam Review