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Exam Code: 1Z0-1057-21
Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
Updated: Jul 25, 2026
Q & A: 93 Questions and Answers
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| Section | Objectives |
|---|---|
| Topic 1: Security and Implementation Tools | - Implementation Utilities
|
| Topic 2: Project Billing and Revenue Management | - Contract and Billing Setup
|
| Topic 3: Project Execution Management | - Project Planning
|
| Topic 4: Project Cost Management | - Cross-Charge Processing
|
| Topic 5: Project Financial Management Setup | - Project Types and Templates
|
| Topic 6: Project Foundation Setup | - Project Units
|
| Topic 7: Resource Management | - Resource Structures
|
1. Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two
A) project
B) project plan type
C) resource
D) project classification
E) expenditure item
2. Whichthreeare part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?
A) Import Projects.
B) File Importand Export.
C) Upload setup data.
D) Prepare setup data.
E) Generate CSV files.
3. You have closed theproject accounting period with a warning, but you are unable to close the accounting period due to an error.
Identify two reasons for this problem. (Choose two.)
A) Unaccounted transactions are notimported.
B) Unaccounted transactions have not been swept to the next period.
C) Pending burden summarization items have not been processed.
D) Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
E) The corresponding Oracle Payables Cloud accounting period has not been closed.
4. Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)
A) Project Contract-based costing
B) Project Contract Collection Center
C) Contract Team Connect
D) Project Contract-based billing
5. Which four notification templates are predefined?
A) Forgot Password Template
B) Forgot Username Template
C) Password Reset Template
D) New Account Manager Template
E) New Account Template
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: C,D,E | Question # 3 Answer: B,D | Question # 4 Answer: D | Question # 5 Answer: B,C,D,E |
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