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  • Exam Code: 1Z0-1057-23
  • Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
  • Updated: Nov 07, 2026
  • Q & A: 138 Questions and Answers
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  • Exam Code: 1Z0-1057-23
  • Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionWeightObjectives
Functional Setup Manager and Implementation10%- Configure and manage implementation projects
- Use Rapid Implementation Workbook
Resource Management10%- Manage resource allocation and utilization
- Configure enterprise resource setup
Program Management and Reporting10%- Configure project performance reporting and KPIs
- Set up programs and hierarchies
Project Planning, Control and Forecasting15%- Define project budgets and forecasts
- Set up project controls and performance tracking
- Manage project schedules and progress
Project Billing and Revenue Management20%- Manage contract billing and revenue accounting
- Set up revenue recognition and invoicing
- Configure cross-charging, transfer pricing
Project Costing20%- Integrate with Time and Labor
- Set up budgetary controls and cost controls
- Configure cost collection, allocations, burdening
Project Management Cloud Overview and Common Configuration15%- Set up calendars, periods, rate schedules, transaction sources
- Configure enterprise settings, reference data sharing
- Describe architecture and components
- Manage security, roles, duties and user experience

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Question #1

Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statements about the periodic project labor demand.

  • A. Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
  • B. Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
  • C. Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
  • D. Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #2

Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)

  • A. If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.
  • B. If the "Allow resource changes at project level" option is set to No for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
  • C. If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
  • D. If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.
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Correct Answer: B  🗳️

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Question #3

Stigma consulting has been hired by a client to implement Project Management Cloud. Which role should they assign to a user for using the rapid implementation feature to set up the Project Financial Management offering by populating and uploading a Microsoft Excel workbook?

  • A. Project Administrator
  • B. Project Integration Specialist
  • C. Project Executive
  • D. Project Application Administrator
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #4

Which component provides a human workflow service that handles all interactions with users or groups in business processes?

  • A. Security Console
  • B. Subledger Accounting
  • C. BPM Worklist
  • D. SOA Suite
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #5

Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)

  • A. Remaining Plan
  • B. Manual Entry
  • C. Cost
  • D. Effort
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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