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Oracle 1z0-1057-24 Exam Syllabus Topics:
Topic
Details
Topic 1
- 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 2
- Configure Project Performance Reporting: This section assesses the skills of performance reporting analysts and includes configuring and managing key performance indicators for project performance reporting to monitor and evaluate project success effectively.
Topic 3
- 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 4
- 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 5
- 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 6
- 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.
Topic 7
- 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.
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Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q37-Q42):
NEW QUESTION # 37
Your customer has implemented Oracle Project Portfolio Management Cloud recently and they have hired new employees for their Professions Services business. These employees are set up in Oracle Human Capital Management Cloud, but the Project Administrators are unable to add them as resources in the Planning Resource Breakdown Structure.
What are three conditions for new employees to show up in the list? (Choose three.)
- A. Current date is before the effective date of the resource, and you did not enable the "Include people with future-dated effective start dates" option during the search.
- B. All new employees created as personsmust be assigned to a department.
- C. All new employees created as personsmust have an active assignment.
- D. All new employees created as persons must have an active project role.
- E. All new employees created as persons must have an active supervisor.
Answer: A,B,C
Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-foundation- configuration-define-project-resource-breakdown-structures.html#OAPFM180158_2 Why can't I find persons in the list of resources when I enter team members, planning resources, or person rate schedules?
You can't find persons in the list of resources when you enter team members, planning resources, or person rate schedules in the following situations:
* The administrator didn't assign adepartmentwhile creating users. Persons must have an active assignment andbe assigned to a departmentin Oracle Fusion Human Capital Management before they can be added as team members or entered as resources on the planning resource breakdown structure or person rate schedule.
* The resource isn't active in Oracle Fusion Human Capital Management because the current date is before the effective date of the resource.If you want to include persons who will start in the future, select the Include people with future-dated effective start dates option when you search for the person.
* Persons assigned as project managers aren't active as of the project start date.
* The assignment of the person is terminated, and an appropriate value isn't set for the number of days to display people with terminated assignments.You can set the profile value appropriately at the site profile level using the Specify Number of Days to Display People with Terminated Assignments task in the Setup and Maintenance work area.
NEW QUESTION # 38
Which component provides a human workflow service that handles all interactions with users or groups in business processes?
- A. Subledger Accounting
- B. Security Console
- C. SOA Suite
- D. BPM Worklist
Answer: D
Explanation:
The BPM Worklist component provides a human workflow service that handles all interactions with users or groups in business processes. The BPM Worklist allows users to view, act on, track, and administer workflow tasks that require their attention. Users can also delegate, escalate, or reassign tasks to other users or groups as needed. Reference:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/integrate- project-financial-management.html#OAPFM2356171
NEW QUESTION # 39
Which application would you use to map application roles to external roles? (Choose the best answer.)
- A. BPM Work List
- B. Security Console
- C. Oracle Identify Manager
- D. Authorization Policy Manager
Answer: D
Explanation:
Ref:https://docs.oracle.com/cd/E17904_01/doc.1111/e14431/managing.htm#APMAG3333 Fusion Middleware Administrator's Guide for Authorization Policy Manager Managing Security Artifacts This chapter describes the procedures an administrator follows to manage application-specific security artifacts, view the external role hierarchy, manage the application role hierarchy, andmanage the many-to- many mapping of application roles to external roles from both the application and the external role point of view.
This chapter is divided into the following sections:
* Managing Application Security Artifacts
* Viewing the External Role Hierarchy
* Managing the Application Role Hierarchy
* Mapping Application Roles to an External Role
* Mapping External Roles to an Application Role
Role Mapping Policy
* A Role Mapping Policy is used to determinewhat external subjects(users, groups orExternal Roles) are assigned to the applicable Application Role. The Application Role, when referenced in an Authorization Policy, defines the principals affected by the Authorization Policy. Role Mapping Policies may also include conditions Oracle Identity Manager -Not used for mapping application roles to external roles How do Users Interact with Oracle Identity Manager?
Oracle Identity Manager provides an end-user interface, called the Identity Self Service console, and a system administrator interface, called the Identity System Administration console. Both end-users and system administrators use the web browser to log on to Oracle Identity Manager. Oracle Identity Manager (OIM)
* OIM provision users, roles, and defines what a user can do in Oracle Cloud
* Duty Roles are mapped to jobs and assigned access privileges (Data Security)
NEW QUESTION # 40
Where is the Allow Override option for the Default Capitalized Interest Rate Schedule specified?
- A. Manage Project Plan Type page
- B. Manage Capitalized Interest Rates page
- C. Manage Capitalized Interest Rate Schedules page
- D. Manage Expenditure Type page
- E. Manage Project Type page
Answer: E
Explanation:
The Allow Override option for the Default Capitalized Interest Rate Schedule is specified on the Manage Project Type page. This option allows you to override the default capitalized interest rate schedule for a project or task that uses the project type. The default capitalized interest rate schedule is used to calculate the capitalized interest amount for a project or task based on the interest rates and dates defined in the schedule.
Reference:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project- costs.html#OAPFM2356031
NEW QUESTION # 41
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 there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
- C. If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.
- 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.
Answer: A,B
Explanation:
Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22598/F458900AN13D82.htm How Resource Mapping Is Calculated You can track the cost impact of every resource that has been assigned to a project task and use the resource breakdown structure to view the breakdown of these costs. Oracle Fusion Projects associates the costs of the resources used for tasks with branches and levels in the resource breakdown structure. The process for determining the correct association is managed by rules of precedence.
Oracle Fusion Projects uses the followingrules to associate cost amounts with resources:
* Select thelowest levelin the resource breakdown structure to which atransaction can map.
* If there is only one level to which the transaction maps, the cost amounts are mapped to that level.
* If the transaction maps to more than one level, Oracle Fusion Projects sums the precedence numbers for all resource types in the branch and gives precedence to the resource element in thebranch with the lowest sum.
* If more than one branch has the lowest precedence number at the lower level, the application uses the precedence number of thenext level up.
* If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with the lowest number at the lowest level.
* If one branch contains a user-defined resource type, precedence is given to the branch thatdoes not contain a user-defined resource type.
NoteOracle Fusion Projects gives more precedence to a lower precedence number. For example, a resource element with a precedence number of 1 is given precedence over a resource element with a precedence number of 10.
NEW QUESTION # 42
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