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Oracle 1z0-1057-20 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Project Management Cloud 2020 Implementation Essentials
Exam Number:1Z0-1057-20
Real Exam Qty:55
Passing Score:68%
Certificate Validity Period:Oracle Cloud certifications remain valid for the associated product release cycle
Available Languages:English
Exam Price:USD 245
Related Certifications:Oracle Project Management Cloud 2020 Certified Implementation Specialist
Exam Duration:85 minutes
Exam Format:Multiple Choice
Sample Questions:Oracle 1z0-1057-20 Sample Questions
Exam Way:Online proctored exam or Pearson VUE test center
Pre Condition:No mandatory prerequisite exam. Oracle recommends implementation experience with Oracle Project Management Cloud and related ERP Cloud applications.
Official Syllabus URL:https://education.oracle.com/oracle-project-management-cloud-2020-implementation-essentials/pexam_1Z0-1057-20

Oracle 1z0-1057-20 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Integration- Cross-Application Integration
  • 1. Integration with Procurement Cloud
  • 2. Data import and migration
  • 3. Integration with HCM Cloud
  • 4. Integration with Financials Cloud
Topic 2: Project Management Cloud Overview- Project Management Foundations
  • 1. Project lifecycle management
  • 2. Project roles and security
  • 3. Project organization structure
  • 4. Project Management Cloud architecture
Topic 3: Project Resource Management- Resource Planning
  • 1. Resource pools and roles
  • 2. Capacity planning
  • 3. Utilization management
  • 4. Resource requests and fulfillment
Topic 4: Project Financial Management- Project Costing and Billing
  • 1. Billing methods and invoice generation
  • 2. Burden schedules and burdening
  • 3. Cost collection and processing
  • 4. Revenue generation and recognition
Topic 5: Project Planning and Execution- Work Planning
  • 1. Resource assignments
  • 2. Task management
  • 3. Work breakdown structures
  • 4. Project progress tracking
Topic 6: Project Foundation Configuration- Enterprise Project Structure
  • 1. Project classifications
  • 2. Project types configuration
  • 3. Business units and project units
  • 4. Project templates
Topic 7: Project Contracts and Grants- Contract and Grant Management
  • 1. Contract project linkage
  • 2. Funding management
  • 3. Award and grant administration
Topic 8: Project Control and Performance Reporting- Monitoring and Analysis
  • 1. Forecasting and variance analysis
  • 2. Budgetary control
  • 3. Project analytics and dashboards
  • 4. Project performance reporting

Everything You Want to Know About the Oracle Project Management Cloud 2020 Implementation Essentials (1z0-1057-20) Exam

The 1z0-1057-20 exam, officially titled Oracle Project Management Cloud 2020 Implementation Essentials, is the Oracle exam you pass to earn the Project Financials Management Cloud certification, a credential at the Implementation Specialist level. Passing it confirms the skills defined in the official exam outline, and it is associated with related credentials such as Oracle Project Management Cloud 2020 Certified Implementation Specialist.

The 1z0-1057-20 exam includes 55 questions and gives you 85 minutes to finish them. That is a tight pace per question, so get used to reading each stem once, flagging anything uncertain, and moving on rather than getting stuck. Running timed practice tests in the Fast2test desktop or online test engine is the most reliable way to build that rhythm before exam day.

The passing score for the 1z0-1057-20 exam is 68%, and the official registration fee is USD 245. Keep in mind that a failed attempt means paying USD 245 again in full to retake it, so book your slot only when your scores on Fast2test practice tests sit consistently above the passing line.

Oracle lists the following prerequisites or eligibility notes for the 1z0-1057-20 exam: No mandatory prerequisite exam. Oracle recommends implementation experience with Oracle Project Management Cloud and related ERP Cloud applications.. Requirements can change over time, so confirm the details on the official exam page at Oracle's official site before you register.

Yes. Fast2test offers a free PDF demo of the 1z0-1057-20 material, so you can check the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates, and if your product expires you can extend the update service at a 50% discount from your member zone.

Your purchase is protected by a 100% Money Back Guarantee with clear conditions: if you take the corresponding 1z0-1057-20 exam within 60 days of purchase and do not pass, you can apply for a full refund. The candidate name must match the payer name, and you need to submit a scanned exam enrollment slip together with the official Score Report PDF within 2 days of taking the exam; claims are processed within 7 days. Sitting the exam within 3 days of purchase, downloading without taking the exam, free materials, and expired orders are not covered. If you would rather not take a refund, you can exchange your order for two free exam products of equal value and keep the update service on your original purchase.

Delivery is instant: your download links are emailed within one minute of payment, and you can also download directly from the website. If nothing arrives within 2 hours, contact customer service and check your spam folder. There is no limit on how many computers you can install the material on.

The 1z0-1057-20 exam blueprint is divided into 8 domains, starting with Project Financial Management; Project Integration; Project Planning and Execution. For the complete domain-by-domain breakdown, see the Exam Topics section above — it lists every topic the current outline covers.

Oracle Project Management Cloud 2020 Implementation Essentials Sample Questions:

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

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

You are implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-charge transactions happen between business units within the same legal entity. Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.
Identify two setups that can drive this borrowed and lent agreement. (Choose two.)

  • A. A document entry such as straight time must be enabled for cross-charge transactions.
  • B. Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
  • C. Transfer price basis must be Basis Only.
  • D. Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
Answer: A,C

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation? (Choose two.)

  • A. Transfer Project
  • B. View Project Progress
  • C. Manage Project Plan Resource Assignment
  • D. Allocate Project Expense
Answer: B,C

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

A project administrator is trying to assign a team member for a project but cannot find the person in the team member list on the Project Definition page. What is the reason for this problem? (Choose the best answer.)

  • A. The employee is not assigned to the project-owning organization.
  • B. Project roles are not assigned in the project.
  • C. The employee is not assigned to a department.
  • D. The employee is not assigned with a supervisor.
Answer: C

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accounting close cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)

  • A. Daily Spread Basis
  • B. Even
  • C. S-Curve
  • D. Bell Curve
  • E. Back Loaded
Answer: A

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

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