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Preparing for the Oracle 1z0-1057-22 certification exam requires a solid understanding of Oracle Project Management Cloud 2022. Candidates should have hands-on experience with the technology and should be familiar with the exam topics. They should also be comfortable working with Oracle Cloud technologies and should have a good understanding of project management principles and practices.
Earning the Oracle Project Management Cloud 2022 Implementation Professional certification demonstrates a candidate’s proficiency in implementing and managing projects using the Oracle Project Management Cloud solution. This certification is recognized globally and can help professionals advance their careers by demonstrating their expertise to employers and clients. Additionally, certification holders have access to Oracle’s community of certified professionals, which provides opportunities for networking, collaboration, and ongoing professional development.
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Oracle 1z0-1057-22 is a certification exam that focuses on Oracle Project Management Cloud 2022 Implementation. This exam is designed for professionals who want to demonstrate their expertise in implementing Oracle Project Management Cloud solutions. The exam covers a wide range of topics, including project planning, project financial management, project execution, and project portfolio management. The exam is intended for professionals who have a strong understanding of project management principles and have hands-on experience with Oracle Project Management Cloud solutions.
Oracle Project Management Cloud 2022 Implementation Professional Sample Questions (Q108-Q113):
NEW QUESTION # 108
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. Expenditure Organization Cost Center Segment
- B. Project Organization Cost Center Segment
- C. Expenditure Business Unit Cost Center Segment
- D. Event Organization Cost Center Segment
Answer: A
Explanation:
The source that can be used while defining the account rule to achieve this requirement is Expenditure Organization Cost Center Segment. This source allows you to retrieve the value of the cost center segment based on the expenditure organization of the transaction. The expenditure organization is an attribute of a transaction that represents the organization that incurs or owns the cost of the transaction.
NEW QUESTION # 109
You have been hired as a project manager for implementing the Project Financial Management 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 helps you to use the manage setup data entry in bulk option.
- B. Implementation Project gives you the flexibility to set up different functional areas of the offering at different times.
- C. Implementation Project helps in assigning responsibility of managing setup data to a broad group of users.
- D. Implementation Project helps you to monitor progress of the setup tasks.
Answer: C,D
Explanation:
Some of the main benefits of using the implementation projects within Functional Setup Manager are:
Implementation Project helps in assigning responsibility of managing setup data to a broad group of users. You can assign tasks to different users who are responsible for entering and validating setup data for different functional areas of the offering.
Implementation Project helps you to monitor progress of the setup tasks. You can track the status and completion percentage of each task and view the dependencies and prerequisites among tasks. Implementation Project does not give you the flexibility to set up different functional areas of the offering at different times, as this is determined by the configuration package that you select for your implementation. Implementation Project does not help you to use the manage setup data entry in bulk option, as this is a separate feature that allows you to import and export setup data across instances using spreadsheets. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/implement-project-financial-management-applications.html#OAPFM2356051
NEW QUESTION # 110
Select two correct statements about project classifications on a template. (Choose two.)
- A. When a project is created from a template, the required project classifications must be entered.
- B. Project class category in a project classification must be associated with a Set Code.
- C. Project Classification is a mandatory field on a project template.
- D. Set Code is not required for a project class category in a project classification.
Answer: A,B
Explanation:
Project classifications are used to group and report on projects based on different criteria. A project template can have one or more project classifications, which can be either required or optional. When a project is created from a template, the required project classifications must be entered, while the optional ones can be left blank. A project class category in a project classification must be associated with a set code, which determines the list of values for the project class. Project classification is not a mandatory field on a project template, but it is recommended to use it for reporting purposes. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-plans.html#OAPFM2355961
NEW QUESTION # 111
You are now the project manager of a newly created implementation project. Which two items are not part of managing an implementation project?
- A. Generate a list of setup tasks.
- B. Assign tasks to various users who are responsible for managing setup data.
- C. Enable optional functional areas and features by opting in.
- D. Select the offering you want to implement.
- E. Monitor the progress of completing setup tasks.
Answer: C,D
Explanation:
Selecting the offering you want to implement and enabling optional functional areas and features by opting in are not part of managing an implementation project. These are part of configuring an implementation project, which is done before managing an implementation project. Configuring an implementation project allows you to define the scope and features of your implementation based on your business needs. Managing an implementation project involves assigning tasks to various users who are responsible for managing setup data, monitoring the progress of completing setup tasks, and generating a list of setup tasks. These are part of executing an implementation project, which is done after configuring an implementation project. Executing an implementation project allows you to perform the setup tasks and validate the setup data for your implementation. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/implement-project-financial-management-applications.html#OAPFM2356021
NEW QUESTION # 112
Your client has decided to import time cards into Project Costing from Oracle Fusion Time and Labor. They have a requirement to make adjustments to time card entries whenever needed.
In which work area will the employees and contingent workers be able to modify their time cards?
- A. Cost
- B. Both Time and Cost
- C. Asset
- D. Time
Answer: A
NEW QUESTION # 113
……
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