CERTIFICATION 1Z0-1057-23 EXAM DUMPS 100% PASS | LATEST 1Z0-1057-23 NEW TEST CAMP: ORACLE PROJECT MANAGEMENT CLOUD 2023 IMPLEMENTATION PROFESSIONAL

Certification 1Z0-1057-23 Exam Dumps 100% Pass | Latest 1Z0-1057-23 New Test Camp: Oracle Project Management Cloud 2023 Implementation Professional

Certification 1Z0-1057-23 Exam Dumps 100% Pass | Latest 1Z0-1057-23 New Test Camp: Oracle Project Management Cloud 2023 Implementation Professional

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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q46-Q51):

NEW QUESTION # 46
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 enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
  • B. If the "Allow resource changes at project level" option is set to No for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
  • C. 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.
  • 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.

Answer: B

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/fapfm/implementing-project-financial-management-applications.html#FAPFM969761 Topic - Entering Planning Resource Breakdown Structure Details Click Navigator > Setup and Maintenance, and search for the Manage Planning and Billing Resource Breakdown Structures task.
Click the Manage Planning and Billing Resource Breakdown Structures link.
Use the Manage Planning and Billing Resource Breakdown Structures page to create new planning resource breakdown structures and to review existing planning and billing resource breakdown structures.
Click the Create icon in the Planning Resource Breakdown Structures section.
Use the Create Planning Resource Breakdown Structure: Basic Information page to provide basic resource breakdown structure information including the name, active dates, and project unit.
Enter a planning resource breakdown structure name and select a date from which the resource breakdown structure is available for use.
Optionally, provide a description and a date to which the planning resource breakdown structure is available for use.
Select a project unit. Only projects created for the selected project unit can use this planning resource breakdown structure.
If you want to allow project managers to add planning resources at the project level, then select the Allow resource changes at project level check box.
Tip: Changes at the project level don,t move back to the parent planning resource breakdown structure. Deselect this option to ensure all project using the planning resource breakdown structure use the same resources.
Optionally, select a Job Set as a source of jobs for creating planning resources on your planning resource breakdown structure.
Click Save.


NEW QUESTION # 47
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 organization
  • B. project unit
  • C. project type
  • D. project classification

Answer: B

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjf/define-project.html#OAPJF220111 Asset Cost Allocation Methods The asset cost allocation method determines how indirect or common costs incurred on a project are allocated to multiple assets.
You can specify an asset cost allocation method to enable Oracle Fusion Project Costing to automatically allocate unassigned asset lines and common costs across multiple assets. Unassigned asset lines typically occur when more than one asset is assigned to an asset grouping level.
Projects and project templates inherit a default asset cost allocation method from the associated project type. You can override the default at the project level. If you use capital events to allocate costs, then you can also override the asset cost allocation method at the event level Asset Cost Allocation Methods The following table describes the available asset cost allocation methods.
Method
Basis of Cost Allocation
Actual Units
Number of units defined for each asset
Current Cost
Construction-in-process (CIP) cost of each asset
Estimated Cost
Estimated cost of each asset
Standard Unit Cost
Combination of the standard unit cost and the number of units defined for each asset Spread Evenly Equal allocation of cost to each asset


NEW QUESTION # 48
Green House Corporation has decided to enable the budgetary control feature for their projects. At which two levels will they be able to enter the amounts in the budget versions for these projects?

  • A. Expenditure Type
  • B. Task
  • C. Expenditure Category
  • D. Top resource
  • E. Project

Answer: A

Explanation:
Budgetary control is a feature that allows you to monitor and control project costs against approved budgets. You can enter the amounts in the budget versions for these projects at two levels: Task and Project. These levels correspond to the budgetary control levels that are defined for the project type. You can also view and compare the budget amounts and actual costs at these levels using reports and dashboards. Expenditure Type, Top Resource, and Expenditure Category are not levels at which you can enter the amounts in the budget versions for these projects. These are attributes that can be used to group and filter the budget and actual amounts for reporting purposes. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-budgets-and-forecasts.html#OAPFM2356191


NEW QUESTION # 49
You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error. Identify two reasons for this problem.
Response:

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

Answer: B,E


NEW QUESTION # 50
You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in Microsoft Projects. Identify three conditions that must be met for exporting milestone tasks. (Choose three.)

  • A. only one labor resource assignment with 0 effort
  • B. only one labor resource assignment with 100 effort
  • C. percent work complete values of 0 or 100 percent
  • D. lowest-level tasks set up with non-zero duration
  • E. lowest-level tasks set up with zero duration

Answer: A

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapex/define-project-management-configuration.html#OAPEX1357147 Topic - Microsoft Project Prevalidation: Explained The following table describes Prevalidation rules for tasks and resource assignments.
Level
Rule
Lowest-level tasks
One labor and multiple expense resources are allowed for a lowest-level task. Remove other resources.
Summary tasks
Only one labor resource with zero allocation is allowed for a summary task. Remove all other resources.
Milestone tasks
No subtasks are allowed under milestone tasks. Milestones must be lowest-level tasks.
Milestone tasks
Milestone tasks must have zero duration.
Milestone tasks
Only one labor resource, with zero effort, is allowed for a milestone task. Remove all other resources.
When exporting milestone tasks, ensure that the tasks:
Are lowest-levels task with zero duration, that is, the same start and finish dates.
Have only one labor resource assignment with zero effort.
Have percent work complete values of 0 or 100 percent. Any other values are set to zero before export.


NEW QUESTION # 51
......

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