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  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Sep 07, 2026
  • Q & A: 93 Questions and Answers
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  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Project Foundation Setup- Project Units
  • 1. Implementation Options
  • 2. Reference Data Sets
  • 3. Business Units
Project Execution Management- Project Control
  • 1. Forecasts
  • 2. Budgets
  • 3. Performance Reporting
- Project Planning
  • 1. Task Management
  • 2. Resource Assignments
  • 3. Work Plans
Security and Implementation Tools- Implementation Utilities
  • 1. Setup Data Migration
  • 2. Rapid Implementation Spreadsheets
  • 3. Functional Setup Manager
- Security Configuration
  • 1. Data Access Security
  • 2. Project Roles
Project Cost Management- Cross-Charge Processing
  • 1. Transfer Pricing
  • 2. Borrowed and Lent Transactions
- Cost Collection and Processing
  • 1. Cost Transactions
  • 2. Supplier Cost Processing
  • 3. Expense Management Integration
Resource Management- Resource Structures
  • 1. Resource Requests
  • 2. Project Staffing
  • 3. Resource Calendars
Project Billing and Revenue Management- Contract and Billing Setup
  • 1. Billing Events
  • 2. Revenue Recognition
  • 3. Invoice Generation
Project Financial Management Setup- Financial Structures
  • 1. Transaction Sources
  • 2. Expenditure Types
  • 3. Expenditure Categories
- Project Types and Templates
  • 1. Project Statuses
  • 2. Project Classes
  • 3. Project Roles

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Question #1

Your customer has a requirement toimport and process third-party transactions that are "costed" and
"accounted".
Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)

  • A. Transaction Source Options
  • B. Document Entry Options
  • C. Document Options
  • D. Import Options
Answer: A

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Question #2

Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certainnumber of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)

  • A. time entry rules
  • B. project time validation rules
  • C. time calculation rules
  • D. time audit rules
Answer: A
Question #3

In a Project Draft Invoice preview, quantity (hours) andunit price (bill rate) are shown as fields on the invoice.
Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantityof 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)

  • A. The project sendsonly the invoice header and invoice line description to Receivables, not the invoice distributions.
  • B. The project sends only the invoice header to Receivables, not the invoice line description and distributions.
  • C. The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.
  • D. The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.
Answer: D
Question #4

Yourcustomer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)

  • A. Calendar Types
  • B. Project Accounting Periods
  • C. Accounting Periods
  • D. PA-GL Periods
  • E. PA Calendar
Answer: B,C

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Question #5

Which three tools are available for accessing REST APIs?

  • A. Programming Language
  • B. cURL
  • C. Web Browser
  • D. Oracle Transactional Business Intelligence
Answer: A,B,C

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