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Practice 1Z0-1057-23 Engine | New 1Z0-1057-23 Test Blueprint

Practice 1Z0-1057-23 Engine | New 1Z0-1057-23 Test Blueprint

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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q117-Q122):

NEW QUESTION # 117
You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)

  • A. Allocate rental costs once each accounting period by using the "full" allocation method.
  • B. Define allocation basis by using Actual Amounts with a project-to-date amount class.
  • C. Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
  • D. Allocate rental costs once each accounting period by using the "spread evenly" allocation method.
  • E. Define allocation basis by using Actual Amounts with a period-to-date amount class.

Answer: A

Explanation:
To allocate the rental cost to the projects and tasks based on the raw costs of the tasks from the previous month, you need to do the following:
Allocate rental costs once each accounting period by using the "full" allocation method. This method allocates the entire source amount to the target tasks in one run.
Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period. This ensures that the source amount is proportionally allocated to the tasks based on their relative raw costs.
Define allocation basis by using Actual Amounts with a period-to-date amount class. This allows you to use the actual raw costs of the tasks as the basis for allocation and to use the amounts from the previous accounting period. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-costs.html#OAPFM2355951


NEW QUESTION # 118
After completing setups in a source environment, your customer wants to move the setup data to a target environment. Identify the two statements related to task list scope, which you must consider before taking a decision based on the customer requirement.

  • A. A scope value is used to assign users who can perform a task within an implementation project.
  • B. A task list can be segmented by a scope value and a task can be performed for each qualifying value of the selected object.
  • C. Exported setup data can be filtered by specific scope values if the business object has scope enabled for the setup data export.
  • D. Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.

Answer: A

Explanation:
Reference https://docs.oracle.com/cd/E60665_01/common/OAFSM/OAFSM1166430.htm#OAFSM1166426


NEW QUESTION # 119
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. Set Code is not required for a project class category in a project classification.
  • C. Project Classification is a mandatory field on a project template.
  • D. When a project is created from a template, the required project classifications must be entered.

Answer: 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. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-plans.html#OAPFM2355961


NEW QUESTION # 120
A project administrator is trying to assign a team member for a project but cannot find the person in the team member list on the Project Definition page. What is the reason for this problem? (Choose the best answer.)

  • A. The employee is not assigned with a supervisor.
  • B. The employee is not assigned to a department.
  • C. Project roles are not assigned in the project.
  • D. The employee is not assigned to the project-owning organization.

Answer: B

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 a department while creating users. Persons must have an active assignment and be assigned to a department in 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 # 121
You search for resources to fulfill a project resource request but are unable to proceed after receiving the following error message: "The search for resources cannot be completed because the project resource search index is not available. Contact your help desk." Identify the cause for this error message. (Choose the best answer.)

  • A. The index is in the process of being updated.
  • B. The index is not in the process.
  • C. The most recent update of the index finished successfully.
  • D. The index has been built.

Answer: C

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/fapfm/implementing-project-execution-management-applications.html#FAPFM1724547 Topic - Submitting the Process to Maintain Project Resource Search Index: Procedure Submit the Maintain Project Resource Search Index job set to update the resources that appear on the Search and Evaluate Resources page when a resource manager searches for resources to fulfill project resource requests. The job set consists of a set of processes that facilitate efficient and rapid searches for qualified resources.
Resource managers can,t search for resources or view resource details if the search index isn,t available for a project resource request with qualifications or keywords. For project resource requests without qualifications and keywords, resource managers can search for and evaluate resources based on resource availability even if the search index isn,t current or available.
Caution: The search index isn,t available if the Maintain Project Resource Search Index job set process fails, or while the process is running.


NEW QUESTION # 122
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