Oracle 1Z0-1057-23 Exam : Oracle Project Management Cloud 2023 Implementation Professional

  • Exam Code: 1Z0-1057-23
  • Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
  • Updated: Jun 03, 2026
  • Q & A: 138 Questions and Answers

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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)

A) project classification
B) project organization
C) project type
D) project unit


2. Select two correct statements about project classifications on a template.

A) Project class category in a project classification must be associated with a Set Code.
B) When a project is created from a template, the required project classifications must be entered.
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.


3. You are currently involved in the implementation of the Project Financial Management solution for your client organization. Your client organization has two main lines of business: Consulting and Support. Consulting Services and Support Services organizations have different project planning, management, analysis and reporting requirements for the projects that they manage, though the management reporting and transaction processing requirements are the same for both the organizations.
What will be your recommendation?

A) Define One Business Unit and Two Project Units
B) Define Two Business Units and One Project Unit
C) Define Two Business Units and Two Project Units
D) Define One Business Unit and Three Project Units


4. In a Project Draft Invoice preview, quantity (hours) and unit 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 quantity of 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 sends the invoice header, invoice line description, and the invoice distributions to Receivables.
B) The project sends only the invoice header to Receivables, not the invoice line description and distributions.
C) The project sends only the invoice header and invoice line description to Receivables, not the invoice distributions.
D) The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.


5. Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)

A) If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
B) If the "Allow resource changes at project level" option is set to No for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
C) If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.
D) If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.


Solutions:

Question # 1
Answer: D
Question # 2
Answer: D
Question # 3
Answer: A
Question # 4
Answer: C
Question # 5
Answer: B

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