HOW CAN YOU PASS ORACLE 1Z0-1057-24 CERTIFICATION EXAM WITH FLYING COLORS?

How Can You Pass Oracle 1z0-1057-24 Certification Exam With Flying Colors?

How Can You Pass Oracle 1z0-1057-24 Certification Exam With Flying Colors?

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If you are craving for getting promotion in your company, you must master some special skills which no one can surpass you. To suit your demands, our company has launched the Oracle Project Management Cloud 2024 Implementation Professional 1z0-1057-24 exam materials especially for office workers. For on one hand, they are busy with their work, they have to get the Oracle 1z0-1057-24 Certification by the little spread time.

Oracle 1z0-1057-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Configure Project Costing: Aimed at cost management analysts, this section covers configuring the Project Cost Collection Center, managing burdening and allocations, explaining capitalized interest calculations, describing budgetary controls, configuring Time & Labor for projects, and managing integrations to ensure accurate project costing.
Topic 2
  • Using Functional Setup Manager: This section measures the skills of functional setup managers and focuses on understanding the Functional Setup Manager and the Rapid Implementation Workbook, which are essential for configuring and deploying Oracle Project Management Cloud applications.
Topic 3
  • Using Program Management: Targeting program managers, this section involves using program management and reporting tools to oversee multiple projects and ensure alignment with organizational objectives.
Topic 4
  • Configure Project Resource Management: This section measures the skills of resource managers and focuses on defining project enterprise labor resources to optimize resource allocation and utilization.
Topic 5
  • Configure Project Foundation: This section assesses the skills of project foundation specialists and includes setting up project calendars and periods, defining types and categorizations, managing project resources, describing rate schedules, project types, setting up transaction sources, and managing labor schedules to establish a solid foundation for project management.
Topic 6
  • Configure Project Control: This section measures the skills of project control specialists and focuses on managing project budgets and forecasts to maintain control over project financials and performance.

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Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q116-Q121):

NEW QUESTION # 116
Which product offering enables you to collaboratively plan and deliver projects by leveraging intuitive and integrated scheduling tools?

  • A. Project Costing
  • B. Resource Management
  • C. Project Management
  • D. Project Control

Answer: C

Explanation:
Project Management is the product offering that enables you to collaboratively plan and deliver projects by leveraging intuitive and integrated scheduling tools. Project Management allows you to create and manage project plans, tasks, deliverables, issues, milestones, gates, etc. using various methods and sources. You can also monitor and control project progress and performance using dashboards and reports. Resource Management is the product offering that enables you to optimize the utilization and allocation of resources for projects and tasks. Resource Management allows you to create and manage resource requests, assignments, pools, calendars, etc. using various criteria and sources. You can also monitor and analyze resource availability and demand using dashboards and reports. Project Control is the product offering that enables you to simplify the planning, budgeting, and forecasting capabilities for projects and tasks. Project Control allows you to create and manage project budgets, forecasts, financial plans, etc. using various methods and sources.
You can also monitor and control project costs and variances using dashboards and reports. Project Costing is the product offering that enables you to capture and process project costs from various sources and applications. Project Costing allows you to create and manageproject transactions, expenditures, assets, etc.
using various rules and options. You can also generate project costing and accounting entries using dashboards and reports. Reference:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c
/oapfm/overview-project-financial-management.html#OAPFM2356301


NEW QUESTION # 117
Which component provides a human workflow service that handles all interactions with users or groups in business processes?

  • A. Security Console
  • B. Subledger Accounting
  • C. BPM Worklist
  • D. SOA Suite

Answer: C

Explanation:
The BPM Worklist component provides a human workflow service that handles all interactions with users or groups in business processes. The BPM Worklist allows users to view, act on, track, and administer workflow tasks that require their attention. Users can also delegate, escalate, or reassign tasks to other users or groups as needed. Reference:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/integrate- project-financial-management.html#OAPFM2356171


NEW QUESTION # 118
Which component of performance measures allows you to select the method that is used to measure accounts such as budget, forecast, and actual?

  • A. Time Member
  • B. Scenario Member
  • C. Category Member
  • D. Accounts Member

Answer: D

Explanation:
The Accounts Member component of performance measures allows you to select the method that is used to measure accounts such as budget, forecast, and actual. The Accounts Member component defines the account dimension member for the performance measure, which represents the financial data that is measured. You can also specify the aggregation rule and calculation method for the account dimension member. Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-performance- reporting.html#OAPFM2356081


NEW QUESTION # 119
Your customer wants a project start date to cascade to the project tasks but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this.(Choose the best answer.)

  • A. Cascade change to the start date and the finish date.
  • B. Cascade change to the finish date.
  • C. Do not cascade date changes.
  • D. Cascade change to the start date.

Answer: D

Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-control- configuration-manage-financial-and-project-plan-types.html#OAPFM79055 Topic - Project Date Cascade Options Use the Cascade option choice list to determine whether your changes to project dates cascade to tasks.
Use the Basic Information region on the Edit Project Template page to select one of the following options:
* Do not cascade project date changes to tasks: Both start and finish dates are editable. However, you must ensure the following:
* The project start date is not later than the earliest task date.
* The project finish date is not earlier than the latest task date.
* Cascade project start date change to affected tasks: You can edit only the project start date.
* Cascade project finish date change to affected tasks: You can edit only the project finish date.
Do not cascade project date changes to tasks is the default value. You must select the cascade option each time you change the project dates, as your selection isn't saved for future date changes.
If you select to roll up planned dates for tasks or are using an external application for scheduling, then you can't modify the project start or finish dates.


NEW QUESTION # 120
Which application generates external roles to grant both function and data security? (Choose the best answer
.)

  • A. Business Process Manager
  • B. Authorization Policy Manager
  • C. Oracle Identity Manager
  • D. Functional Setup Manager

Answer: C

Explanation:
Authorization Policy Manager (APM)
APM greatly simplifies the creation, configuration, and administration of application policies APMdoes not support the management of users and external roles;these artifacts can only be viewed with the tool.Their provision and management is typically accomplished using Oracle Identity Manager Oracle Identity Manager (OIM) In regard to enterprise users and external roles, Authorization Policy Manager provides viewing and searching functionality only.To manage users and external roles, use Oracle Identity Manager or some other identity management tool.
OIM provision users, roles, and defines what a user can do in Oracle Cloud Duty Roles are mapped to jobs and assigned access privileges (Data Security)


NEW QUESTION # 121
......

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