Oracle Project Management Cloud 2024 Implementation Professional follows objectives published by Oracle, so preparation should stay aligned with the official outline. Actual4dump organizes 128 1z0-1057-24 practice questions around those exam areas to support focused review.

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Oracle 1z0-1057-24 Exam Overview:

Oracle 1z0-1057-24 Exam Syllabus Topics:

Oracle Project Management Cloud 2024 Implementation Professional: Frequently Asked Questions

Oracle Project Management Cloud 2024 Implementation Professional Sample Questions:

Question 1

You have been hired as a project manager for implementing the Project FinancialManagement and Project Execution Management offering by an organization. The Chief Information Officer of the deploying organization has requested you to explain the benefits of using the implementation project-based approach over the functional area-based approach.
Which two are the main benefits of using the implementation projects within Functional Setup Manager?
(Choose two.)

A. Implementation Project gives you the flexibility to set up different functional areas of the offering at different times.
B. Implementation Project helps you to monitor progress of the setup tasks.
C. Implementation Project helps in assigning responsibility of managing setup data to a broad group of users.
D. Implementation Project helps you to use the manage setup data entry in bulk option.

Question 2

Your organization has a requirement to retrieve the value of the cost center segment based on the department.
Which source can you use while defining the account rule to achieve this requirement?

A. Event Organization Cost Center Segment
B. Project Organization Cost Center Segment
C. Expenditure Business Unit Cost Center Segment
D. Expenditure Organization Cost Center Segment

Question 3

Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocate to various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task.
Which allocation basis method would you use to meet this requirement? (Choose the best answer.)

A. target percentage and spread evenly
B. spread evenly
C. prorate
D. target percentage and prorate

Question 4

Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources. After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost amounts associated with the resources, you suspect that the cost association does not match your client's expectations. Identify two valid rules based on which cost association works. (Choose two.)

A. If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with thelowest number at the lowest level.
B. If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.
C. If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
D. If a transaction maps to more than one level, Oracle PPM Cloud sums the precedence numbers for all resource type in the branch and gives precedence to the resource element in the branch with the highest sum.

Question 5

Whichthreeare part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?

A. Generate CSV files.
B. Upload setup data.
C. File Import and Export.
D. Import Projects.
E. Prepare setup data.

Solutions: