Most Recent Oracle 1Z0-1057-24 Exam Dumps

Prepare for the Oracle Project Management Cloud 2024 Implementation Professional exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the Oracle 1Z0-1057-24 exam and achieve success.

The questions for 1Z0-1057-24 were last updated on Mar 31, 2025.

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Question No. 1

Your customer complains that their project resources do not report their time promptly, which has resulted in incorrect reporting of project performance. What should you do to fix this problem? (Choose the best answer.)

AEnable track missing time at project unit.

BEnable track missing time at project type.

CEnable track missing time at project template.

DEnable track missing time at business unit.

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Correct Answer: A

To fix the problem of project resources not reporting their time promptly, you should enable track missing time at project unit. This option allows you to track and report on missing time entries for project resources based on their work assignments and schedules. You can also set up notifications and reminders to prompt resources to enter their time on a regular basis. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-time-and-labor.html#OAPFM2356011

Question No. 2

As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter.

What is the reason for this problem?

AOnly new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier cannot be reprocessed.

BOnly new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.

CYou can enable automatic reprocessing of expenditure items processed before the burden schedule change.

DAll expenditure items charged to the task use the new burden schedule.

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Correct Answer: B

Question No. 3

Which four standard objects can you configure to include business specific attributes by using Application Composer for Project Execution Management? (Choose four.)

AProject Gates

BProject Resource Request

CProject Issues

DProject Milestones

EProject Resource Assignment

FProject Deliverables

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Correct Answer: A, C, D, F

Application Composer is a tool that allows you to configure standard objects or create custom objects to include business specific attributes for Project Execution Management. Four of the standard objects that you can configure using Application Composer are:

Project Gates: These are checkpoints that mark the completion of a phase or stage in a project lifecycle.

Project Issues: These are problems or risks that affect the progress or outcome of a project.

Project Milestones: These are significant events or achievements that indicate the status or completion of a project or task.

Project Deliverables: These are products or services that are produced or provided as part of a project or task. Project Resource Request and Project Resource Assignment are not standard objects that you can configure using Application Composer. These are features that allow you to request and assign resources for projects and tasks based on various criteria such as availability, qualifications, preferences, etc. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-execution.html#OAPFM2356201

Question No. 4

In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)

Acommon costs on the project/task

Bexpenditure type exclusions on the Capitalized Interest rate name

Cexpenditure type exclusions on the Capitalized Interest rate schedules

Dexpenditure items whose cost spreads across multiple assets that are capitalized

Eexpenditure items whose costs are applied to a single asset or multiple assets

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Correct Answer: E

https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49622/F1125377AN61D92.htm

Question No. 5

Which product offering simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud?

AEnterprise Contract Management

BProject Billing

CProject Control

DProject Costing

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Correct Answer: C

Project Control is the product offering that simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud. Project Control allows you to create and manage project plans, budgets, and forecasts using various methods and sources. You can also monitor and control project performance and variances using dashboards and reports. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-plans.html#OAPFM2356061

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