← Back to exam page

1z0-1057-22 – Oracle Project Management Cloud 2022 Implementation Professional

Loading demo links...

Showing 1–3 of 10 questions

Question 1

You want to create a few project roles so as to restrict access in the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (Choose two.)

Select all that apply, then click Submit answer.

  • ○

    Project Executive - Security based on Project Hierarchy
  • ○

    Project Accountant - Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
  • ○

    Project Manager - Security based on Project Assignment
  • ○

    Project Billing Specialist - Security based on Contract BU
  • ○

    Project Team Member - Security based on Project Assignment

Question 2

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.)

Select all that apply, then click Submit answer.

  • ○

    Allocate rental costs once each accounting period by using the “full” allocation method.
  • ○

    Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
  • ○

    Define allocation basis by using Actual Amounts with a project-to-date amount class.
  • ○

    Define allocation basis by using Actual Amounts with a period-to-date amount class.
  • ○

    Allocate rental costs once each accounting period by using the “spread evenly” allocation method.
Question 3

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.)

Select all that apply, then click Submit answer.

  • ○

    If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.
  • ○

    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.
  • ○

    If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
  • ○

    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.