NEW ORACLE 1Z0-1057-23 EXAM ONLINE, 1Z0-1057-23 VALID STUDY NOTES

New Oracle 1Z0-1057-23 Exam Online, 1Z0-1057-23 Valid Study Notes

New Oracle 1Z0-1057-23 Exam Online, 1Z0-1057-23 Valid Study Notes

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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q72-Q77):

NEW QUESTION # 72
Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displays labor demand information. (Choose the best answer.)

  • A. The current date is used for calculating labor demand for the current year.
  • B. The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015.
  • C. The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
  • D. The current period start date is used for calculating labor demand for the current year.

Answer: A

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/analyze-project-management-performance.html#OAPEM1313471 Topic - Project Labor Demand: How It,s Calculated Settings That Affect Project Labor Demand Project application administrators must do the following to set up how project labor demand is calculated:
Organize projects into hierarchical groups on the Manage Enterprise Project Structure page.
Change the quarterly FTE hours for the organization on the Define Project Management Implementation Options page, if different from 520 hours.
Note: You can choose to view labor demand annually instead of quarterly. The Project Hierarchy Viewer uses the current date to determine which year or quarter to display.


NEW QUESTION # 73
You are trying to create a project purchase order (PO) but you are unable to select Expenditure Organization in the PO. Identify two reasons for this problem.

  • A. The organization is not classified as a project expenditure organization.
  • B. The organization is classified as a project unit.
  • C. The organization is not included in the organization tree that is assigned to the business unit that owns the PO.
  • D. The organization is not classified as a project-owning organization.

Answer: D

Explanation:
Ref: Implementing-Project-Financial-Management-and-Grants-Management.pdf Chapter 3 - Define Project Organizations Page # 12 Topic - Selecting Organization Hierarchies for the Business Unit The following conditions are required for an organization to be eligible to be a project expenditure organization:
You must assign the Project Expenditure Organization classification to the organization.
The organization must belong to the hierarchy that you specify in the project implementation options for the business unit.


NEW QUESTION # 74
Which component of performance measures allows you to select the method that is used to measure accounts such as budget, forecast, and actual?

  • A. Scenario Member
  • B. Accounts Member
  • C. Category Member
  • D. Time Member

Answer: B

Explanation:
The Accounts Member component of performance measures allows you to select the method that is used to measure accounts such as budget, forecast, and actual. The Accounts Member component defines the account dimension member for the performance measure, which represents the financial data that is measured. You can also specify the aggregation rule and calculation method for the account dimension member. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-performance-reporting.html#OAPFM2356081


NEW QUESTION # 75
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.)
Response:

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

Answer: A,C,E


NEW QUESTION # 76
Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation?
Response:

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

Answer: A,D


NEW QUESTION # 77
......

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