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Oracle 1z0-1057-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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 2	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 3	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 4	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 5	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 6	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 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	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.
Topic 9	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 10	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 11	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 12	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.

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Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q21-Q26):

NEW QUESTION # 21
Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

A. Static
B. Flexfield
C. Dynamic
D. Job
E. Position

Answer: A

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/applications-common/19b/facia/define-approval-management.
html#FACIA3124477
Topic Approval Groups
Each approval group includes a set of users that you configure to act on tasks in a certain pattern. Tasks can be defined to get routed to an approval group instead of an individual user. You can nest approval groups within approval groups.
You have two options for defining the group:
* Static: Select the specific users to include in the group.
* Dynamic: Provide the logic to use to determine the users in the group.

NEW QUESTION # 22
Which three features are part of Oracle Fusion Functional Setup Manager?

A. updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
B. guided task list for end-to-end setup requirements
C. feature opt-in for a best fit configuration
D. modifying an existing implementation project task list by selecting more functional areaswhen needed
E. export and import services for setup data migration between environments

Answer: B,C,E

Explanation:
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/oafsm/applications-cloud-using- functional-setup-manager.pdf Functional Setup Manager offers the following:
* Standardized application configuration and setup experience
*Feature opt-in for a best fit configuration
* Flexible processes for managing setup:
# Setup by functional areas for an adopt-as-you-go approach
# Implementation projects to manage setup
# Upload file to enter setup data in bulk
*Guided task list for end-to-end setup requirements
*Export and import services for setup data migration between environments
* Comprehensive reporting on setup data

NEW QUESTION # 23
You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Management with tasks and subtasks applicable to each of the phases of the project: Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works.
Which two are correct statements in this scenario? (Choose two.)

A. The association of a deliverable with a task is dependent on associating a requirement with a task.
B. You associate a deliverable with a task independent of associating a requirement with a task.
C. A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
D. A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.

Answer: B,C

Explanation:
According to Oracle sources1, the inheritance between requirements, tasks, and deliverables works as follows:
* You can associate a deliverable with a task independent of associating a requirement with a task. You can also associate a deliverable with a requirement independent of associating a task with a requirement
1.
* A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement. You must manually associate the deliverable with the tasks that produce it1.
Therefore, the correct answer is B and D.
1: Can deliverables for projects and tasks be inherited from associated requirements? - docs.oracle.com (index
1)
In Oracle Project Management, you can define requirements, tasks, and deliverables for your project based on your project methodology and lifecycle. Requirements are statements of needs or expectations that must be met by the project outcome. Tasks are units of work that must be performed to complete the project.
Deliverables are products or services that are produced or provided as part of a task or requirement. Two correct statements about how the inheritance between requirements, tasks, and deliverables works are:
* You associate a deliverable with a task independent of associating a requirement with a task. This means that you can create a deliverable for a task regardless of whether the task is linked to a requirement or not.
* A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement. This means that you have to manually associate a deliverable with a task even if both the deliverable and the task are linked to the same requirement.

NEW QUESTION # 24
While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status. ( Choose two.)

A. You used Create Tree Version in the action menu.
B. You selected theEdit iconfor opening the hierarchy.
C. You opened the hierarchy by clicking the name.
D. You used View Tree Version in the action menu.
E. You usedCreate Treein the action menu.

Answer: A,E

Explanation:
When you use Create Tree or Create Tree Version in the action menu, you create a new organization tree or a new version of an existing tree, respectively. These actions result in an Inactive status for the organization tree, until you activate it. When you use View Tree Version or select the Edit icon or click the name of the tree, you open an existing organization tree that has an Active status.Reference:https://docs.oracle.com/en
/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-organizations.html#OAPFM2355921

NEW QUESTION # 25
Whichthreeare true of what you can do in the Project Requirements work area?

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

Answer: A,D,E

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 # 26
......

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RELIABLE 1Z0-1057-24 TEST BLUEPRINT & VALID 1Z0-1057-24 EXAM TEST

Reliable 1z0-1057-24 Test Blueprint & Valid 1z0-1057-24 Exam Test