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The Oracle Project Management Cloud 2023 Implementation Professional exam has a reputation for tripping up even experienced professionals. Fast2test breaks it down into 138 practice questions with verified answers, so you walk into 1Z0-1057-23 in 2026 knowing exactly what to expect.

Oracle 1Z0-1057-23 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Project Management Cloud 2023 Implementation Professional
Exam Number:1Z0-1057-23
Related Certifications:Oracle Project Management Cloud Implementation Professional
Certificate Validity Period:18 months
Exam Duration:90 minutes
Real Exam Qty:50
Passing Score:68%
Exam Price:$245 USD
Exam Format:Multiple Choice
Available Languages:English
Sample Questions:Oracle 1Z0-1057-23 Sample Questions
Exam Way:Online proctored or test center
Pre Condition:Oracle recommends hands-on experience with Oracle Project Management Cloud implementations.
Official Syllabus URL:https://education.oracle.com/oracle-project-management-cloud-implementation-professional/trackp_ERP

Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionObjectives
Project Management- Manage project execution
  • 1. Issues and deliverables
  • 2. Application Composer usage
  • 3. Project gates
  • 4. Project requirements
Project Billing- Configure project billing and revenue
  • 1. Transfer pricing
  • 2. Revenue management
  • 3. Project invoicing
  • 4. Cross charging
Common Project Configuration- Configure enterprise project settings
  • 1. Subledger Accounting
  • 2. Project Financial Management organizations
  • 3. Reference data sharing
Project Performance Reporting- Configure reporting and KPI tracking
  • 1. Project reporting configuration
  • 2. Performance KPIs
Navigation, User Experience, Personalization, and Approvals- Describe user experience features
  • 1. Personalization options
  • 2. Navigation concepts
- Manage approvals and workflows
  • 1. Set up notifications
  • 2. Configure approval tasks
Program Management- Manage programs and reporting
  • 1. Program setup
  • 2. Program reporting
Project Management Overview- Describe the components of Oracle Project Management Cloud
  • 1. Understand project management architecture
  • 2. Explain available integrations
Functional Setup Manager- Configure implementation setup
  • 1. Rapid Implementation Workbook
  • 2. Functional Setup Manager usage
Project Foundation- Configure foundational project structures
  • 1. Project calendars and periods
  • 2. Project types
  • 3. Project resources
  • 4. Rate schedules
  • 5. Transaction sources
Project Control- Manage project planning and forecasting
  • 1. Forecast management
  • 2. Project budgets
Project Resource Management- Configure resource management
  • 1. Resource allocation
  • 2. Enterprise labor resources
Applications Security- Manage security configuration
  • 1. Applications Security Console
  • 2. Roles and duties
Project Costing- Manage project costing configuration
  • 1. Allocations
  • 2. Burdening
  • 3. Time and labor integration
  • 4. Cost collection center
  • 5. Budgetary controls

Oracle 1Z0-1057-23 FAQs: What Every Candidate Asks

The 1Z0-1057-23 exam, officially titled Oracle Project Management Cloud 2023 Implementation Professional, is the qualifying test for the Project Financials Management Cloud certification from Oracle, a credential at the Professional level. Passing it proves you have the skills employers look for in certified professionals, and it can also support progress toward related credentials such as Oracle Project Management Cloud Implementation Professional.

The Oracle Project Management Cloud 2023 Implementation Professional exam gives you 90 minutes to work through 50 questions. That is a steady pace with little room for second-guessing, so train yourself to read each question once, flag the difficult ones, and keep moving. Before exam day, sit at least two full timed sessions in the Fast2test test engine — when the clock feels familiar, it stops being a threat.

You need 68% to pass, and the official registration fee is $245 USD. Fall short and you pay that fee in full again for every retake, which makes solid preparation the cheaper option by far. Work through the Fast2test practice questions until you score comfortably above the passing mark, then book your seat.

Oracle recommends hands-on experience with Oracle Project Management Cloud implementations. Eligibility rules can change over time, so before you register, confirm the latest requirements on the official exam page: Oracle 1Z0-1057-23 exam overview.

Yes. Fast2test offers a free PDF demo for the Oracle Project Management Cloud 2023 Implementation Professional exam so you can judge the quality of our questions and answers before paying anything. Every purchase also comes with 365 days of free updates, and once that period expires you can extend your update service at a 50% discount.

Your purchase is protected by a 100% money-back guarantee. If you sit the corresponding 1Z0-1057-23 exam within 60 days of buying and do not pass, send us a scan of your exam enrollment slip together with your official Score Report (PDF) within 2 days of the exam date — the candidate name must match the payer's name — and we will process your full refund within 7 days. Please note that exams taken within 3 days of purchase, materials downloaded without ever sitting the exam, free products, and expired orders are not covered. If you would rather not have a refund, you can exchange your order for two exam products of equal value, free of charge, and keep the update service on your original purchase.

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The Oracle Project Management Cloud 2023 Implementation Professional syllabus is organized into 13 domains. The main areas include Project Billing, Project Costing, and Common Project Configuration. Scroll up to the Exam Topics section above for the complete, current outline before you plan your study schedule.

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Question 1

Your customer wants to generate accounting based on project information associated with the transaction for all subledger transactions. Identify three subledger applications for which the project source is available for deriving accounts when configuring subledger accounting. (Choose three.)

A. Receipt Accounting
B. Payables
C. Purchasing
D. Fixed Asset


Question 2

Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources page. An HCM person is included in a condition with a process order value of 1 and, additionally, there are three other conditions, all with a process order value of 10. Identify two correct statements about the Maintain Project Enterprise Labor Resources process as it relates to process order values.

A. The process creates a resource by using the conditions with a process order value of 10 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
B. The process creates a resource by using the condition with a process order value of 1 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
C. For the three conditions that have the same process order value of 10, the records are processed in ascending numeric order based on the condition name.
D. For the three conditions that have the same process order value of 10, the records are processed in ascending alphabetic order based on the condition name.


Question 3

Your organization has decided to enable the common accounting and project accounting periods option while defining business unit implementation options.
Where will you maintain the accounting period statuses if this option has been enabled?

A. Subledger Accounting
B. Project Foundation
C. Project Costing
D. General Ledger


Question 4

Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)

A. Cost
B. Effort
C. Remaining Plan
D. Manual Entry


Question 5

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


Solutions:

Question 1
Answer: D
Question 2
Answer: D
Question 3
Answer: D
Question 4
Answer: B
Question 5
Answer: B

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