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1z0-1057 Product Description:
Exam Number/Code: 1z0-1057 vce
Exam name: Oracle Project Portfolio Management Cloud 2019 Implementation Essentials
n questions with full explanations
Certification: Oracle Certification
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NEW QUESTION 1
Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)

  • A. Project Manager Template for Project Organization Security
  • B. Project Administrator Template for Project Organization Security
  • C. Project Creator Template for Project Organization Security
  • D. Project Accountant Template for Project Organization Security
  • E. Project Billing Specialist Template for Project Organization Security

Answer: BC

Explanation:
Reference
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/faser/implementing-security-in-oracl
Ref to “Securing Project Financial Management and Grants Management Applications”
Table lists predefined enterprise roles and the type of security that grants the role access to data in a work area or dashboard.
Enterprise Role
Work Area or Dashboard Data Security Based On Project Accountant
Asset
Project business unit Project Accountant Costs
Project expenditure business unit Project Accountant
Revenue
Contract business unit
Project Administrator
Project Financial Management Project business unit
Project organization Project Billing Specialist Invoices
Contract business unit Project Creator
Project Financial Management Project business unit
Project organization Project Management Duty
Project Management Infolet Dashboard Project assignment
Project Management Duty Project Performance Dashboard Project assignment
Project Manager
Project Management Infolet Dashboard Project assignment
Project Manager
Project Performance Dashboard Project assignment
Project Manager Project Management Project assignment
Project Manager
Project Manager Dashboard Project assignment
Project Team Member
Project Financial Management Project assignment
Grants Accountant Invoices
Contract business unit Grants Accountant Revenue
Contract business unit Grants Administrator Awards
Contract business unit Grants Administrator Contracts
Contract business unit Grants Administrator
Project Financial Management Project business unit
Principal Investigator Awards
Award assignment Principal Investigator
Contracts
Award assignment Principal Investigator
Project Financial Management Project assignment

NEW QUESTION 2
You have defined two expenditure types, but they are not available for selection when you enter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)

  • A. The two expenditure types are not assigned to the reference data set that is assigned to the project unitin which the transaction is performed.
  • B. The two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed.
  • C. The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed.
  • D. The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.

Answer: A

Explanation:
Ref: Implementing-Project-Financial-Management-and-Grants-Management.pdf (19A Part # F11256-01) Chapter 3 – Define Project Organizations

NEW QUESTION 3
In a Project Draft Invoice preview, quantity (hours) and unit price (bill rate) are shown as fields on the invoice.
Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantity of 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)

  • A. The project sends only the invoice header and invoice line description to Receivables, not the invoice distributions.
  • B. The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.
  • C. The project sends only the invoice header to Receivables, not the invoice line description and distributions.
  • D. The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.

Answer: B

NEW QUESTION 4
Which three are part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?

  • A. Prepare setup data.
  • B. Import Projects.
  • C. Generate CSV files.
  • D. Upload setup data.
  • E. File Import and Export.

Answer: ACD

Explanation:
https://docs.oracle.com/applications/farel12/projectop_gs/OAPFM/OAPFM2264569.htm#OAPFM2159921 Configuring Rapid Implementation: Procedure
Project application administrators can use the rapid implementation feature to set up the Project Financial Management offering. Use the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data and generate the ProjectsWorkbook.zip. Upload this .zip file to the Setup and Maintenance work area. When the upload completes, the offering is configured based on the setup information that you provide.
Perform the following steps to configure rapid implementation for the Project Financial Management offering:
1Z0-1057 dumps exhibit Prepare setup data.
1Z0-1057 dumps exhibit Generate CSV files.
1Z0-1057 dumps exhibit Upload setup data.
1Z0-1057 dumps exhibit Correct errors, if any, and reload the data.

NEW QUESTION 5
Select two correct statements about project classifications on a template. (Choose two.)

  • A. Set Code is not required for a project class category in a project classification.
  • B. Project Classification is a mandatory field on a project template.
  • C. When a project is created from a template, the required project classifications must be entered.
  • D. Project class category in a project classification must be associated with a Set Code.

Answer: AC

NEW QUESTION 6
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. (Choose two.)

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

Answer: AD

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

NEW QUESTION 7
Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)

  • A. Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule
  • B. Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate
  • C. Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule
  • D. Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule
  • E. Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule

Answer: D

Explanation:
Reference https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_8718794B26A7BB93E040D30A688149A3

NEW QUESTION 8
As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create and update resources based on changes in HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers. (Choose the best answer.)

  • A. Pool Membership
  • B. attributes that the project enterprise resources are assigned after creation
  • C. Jobs
  • D. Person Type

Answer: D

Explanation:
Reference https://docs.oracle.com/cloud/farel8/projectcs_gs/OAPEX/F1082603AN23E61.htm
Manage Project Enterprise Labor Resource Maintenance Conditions
Project Enterprise Labor Resources: How They Are Automatically Created and Maintained
Run the Maintain Project Enterprise Labor Resources process to create resources, remove resource availability for staffing, and maintain the resource search index.
Settings That Affect the Maintain Project Enterprise Labor Resources Process
Create and maintain project enterprise labor resources by defining a set of conditions that specify the employees and contingent workers in Oracle Fusion Human Capital Management (HCM) to create as resources in Oracle Fusion Project Portfolio Management. Define the resource attribute values, such as the resource calendar and primary project role, to assign to the new resources.
The following table lists the criteria that you define for selecting HCM persons to create as project enterprise labor resources.
Selection Criteria Description Person type
Select the HCM person type for the process to use as criteria when selecting HCM persons to create as resources. Available person types are employees, contingent workers, or both employees and contingent workers.
Option to select people based on job
Select this option for the process to create resources for HCM persons with specific jobs.
Caution If you do not select job criteria for this condition, the process will create resources for all eligible people based only on the person type.
Jobs
If you selected the option to select people based on job, then select the jobs for the process to use as HCM person selection criteria.
The following table lists the attributes for which you specify values to assign to resources that are created for the condition.
Resource Attribute Description
Option to manage resource availability and staffing
Select this option for resource managers to manage the availability and project staffing of resources who are created based on the condition. Resources who are managed in Oracle Fusion Project Resource Management are eligible to fulfill project resource requests.
Calendar
Select the resource calendar for resources that are created based on the condition. The resource calendar defines the work schedule for project enterprise labor resources, and includes working days and hours and any exceptions, such as holidays.
Primary project role
Select the primary project role for resources that are created based on the condition. Project roles are maintained in Oracle Fusion Project Management.
Cost rate and currency
Enter the cost rate and currency for resources that are created based on the condition. Bill rate and currency
Enter the bill rate and currency for resources that are created based on the condition.

NEW QUESTION 9
As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create and update resources based on changes In HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers.
Which three are parameters that are based on which the system identifies the new resources?

  • A. Department
  • B. Project Unit
  • C. Jobs
  • D. Business Unit
  • E. Organization

Answer: CDE

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/fapfm/implementing-project-execution

NEW QUESTION 10
Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certain number of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)

  • A. project time validation rules
  • B. time calculation rules
  • C. time entry rules
  • D. time audit rules

Answer: C

NEW QUESTION 11
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.)

  • A. If one branch contains a user-defined resource type, precedence is given to the branch that contains auser-defined resource type.
  • B. 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.
  • C. If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
  • D. 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.

Answer: CD

Explanation:
Reference https://docs.oracle.com/cd/E37583_01/doc.1116/e22598/F458900AN13D82.htm
How Resource Mapping Is Calculated
You can track the cost impact of every resource that has been assigned to a project task and use the resource breakdown structure to view the breakdown of these costs. Oracle Fusion Projects associates the costs of the resources used for tasks with branches and levels in the resource breakdown structure. The process for determining the correct association is managed by rules of precedence.
Oracle Fusion Projects uses the following rules to associate cost amounts with resources:
1Z0-1057 dumps exhibit Select the lowest level in the resource breakdown structure to which a transaction can map.
1Z0-1057 dumps exhibit If there is only one level to which the transaction maps, the cost amounts are mapped to that level.
1Z0-1057 dumps exhibit If the transaction maps to more than one level, Oracle Fusion Projects sums the precedence numbers for all resource types in the branch and gives precedence to the resource element in the branch with the lowest sum.
1Z0-1057 dumps exhibit If more than one branch has the lowest precedence number at the lower level, the application uses the precedence number of the next level up.
1Z0-1057 dumps exhibit 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.
1Z0-1057 dumps exhibit If one branch contains a user-defined resource type, precedence is given to the branch that does not contain a user-defined resource type.
Note Oracle Fusion Projects gives more precedence to a lower precedence number. For example, a resource element with a precedence number of 1 is given precedence over a resource element with a precedence number of 10.

NEW QUESTION 12
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. Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
  • C. Define allocation basis by using Actual Amounts with a project-to-date amount class.
  • D. Define allocation basis by using Actual Amounts with a period-to-date amount class.
  • E. Allocate rental costs once each accounting period by using the “spread evenly” allocation method.

Answer: ABD

NEW QUESTION 13
You are now the project manager of a newly created implementation project. Which two items are not part of managing an implementation project?

  • A. Assign tasks to various users who are responsible for managing setup data.
  • B. Monitor the progress of completing setup tasks.
  • C. Select the offering you want to implement.
  • D. Generate a list of setup tasks.
  • E. Enable optional functional areas and features by opting in.

Answer: AD

NEW QUESTION 14
In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)

  • A. common costs on the project/task
  • B. expenditure type exclusions on the Capitalized Interest rate name
  • C. expenditure type exclusions on the Capitalized Interest rate schedules
  • D. expenditure items whose cost spreads across multiple assets that are capitalized
  • E. expenditure items whose costs are applied to a single asset or multiple assets

Answer: E

Explanation:
Reference https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_988B43C997365159E040D30A68813832
https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49622/F1125377AN61D92.htm

NEW QUESTION 15
Identify the three contract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)

  • A. Expenditure Type
  • B. Projects
  • C. Contract Line
  • D. Contract Header
  • E. Task

Answer: BCE

Explanation:
Reference https://docs.oracle.com/cloud/farel9/projectcs_gs/FAUAR/F1537947AN10251.htm

NEW QUESTION 16
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. (Choose two.)

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

Answer: BE

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjb/record-accounting-for-project-bil

NEW QUESTION 17
You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created under projects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem? (Choose the best answer.)

  • A. The “Require Task Managers to be Project Team Members” profile option is set to No.
  • B. The “Require Task Managers to be Project Team Members” profile option is set to Yes.
  • C. The quality manager belongs to a department that is not associated with the project.
  • D. The quality manager is not assigned with a supervisor.

Answer: B

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/fapfm/introducing-oracle-project-portfo

NEW QUESTION 18
You are set up as a Follower in Manage Tasks. Which two abilities can you accomplish? (Choose two.)

  • A. Enter progress for tasks.
  • B. Receive email notifications about changes that team members make to a task.
  • C. View task details and the task activity stream.
  • D. Edit task details.

Answer: BC

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/execute-project-tasks-and-deliv
Followers are persons who aren't working on the task but have an interest in reviewing the task progress. Only the resources and other followers can add followers to a task. If a resource assigns the task to another team member, the application automatically changes the original resource to a follower.
What's the difference between my tasks and tasks that I follow?
1Z0-1057 dumps exhibit You can edit task details and enter progress for your tasks on the Manage Tasks page. If a task has multiple resources, only the primary resource can edit the task.
1Z0-1057 dumps exhibit When you follow a task, you can view the task details and see the task activity stream. You receive e-mail notifications of changes that team members make to the task.
1Z0-1057 dumps exhibit If a resource reassigns the task to another team member, then the previous resource automatically becomes a follower.

NEW QUESTION 19
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.
  • B. Do not cascade date changes.
  • C. Cascade change to the finish date.
  • D. Cascade change to the start date and the finish date.

Answer: A

Explanation:
Reference
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-control-configuration-m

NEW QUESTION 20
Which five steps are required for the File-Based Data Import Integration option?

  • A. Run Process to transfer data to interface tables.
  • B. Install an Excel add-in.
  • C. Upload the file to the server.
  • D. Download an Excel template.
  • E. Populate the spreadsheet with data and generate a CSV file.
  • F. Import data into various applications.

Answer: ABCDE

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oefpp/overview.html#External_Data_I

NEW QUESTION 21
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