Oracle Project Management Cloud 2021 Implementation Essentials : 1Z0-1057-21

  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Jun 04, 2026
  • Q & A: 93 Questions and Answers

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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. You are trying to create a custom infolet but are notable to find the "Create Infolet" option in the Infolet repository window. Whichtwosteps should be completed before you can access the "Create Infolet" option?

A) You should be on the Project Custom Objects page.
B) You must be in anactive sandbox.
C) You must activatePage Composer.
D) You should enable the "Create Infolet" option from the Personalize Springboard page.


2. 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 type
C) project organization
D) project unit


3. 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 set to for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
B) 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.
C) 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.
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.


4. Your customer wants to perform billing based on the Percent Spent invoice method. Identify two setups that are required in project contracts for calculating invoice amounts as per their requirement. (Choose two.)

A) billing events
B) expenditure items
C) billing controls
D) invoice method
E) bill plan


5. 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 have not been swept to the next period.
B) Unaccounted transactions are notimported.
C) Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
D) The corresponding Oracle Payables Cloud accounting period has not been closed.
E) Pending burden summarization items have not been processed.


Solutions:

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

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