Oracle 1Z0-1057-21 : Oracle Project Management Cloud 2021 Implementation Essentials

  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Jul 01, 2026
  • Q & A: 93 Questions and Answers

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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. 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) Allocate Project Expense
D) ManageProject Plan Resource Assignment


2. You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Portfolio Management with tasks and subtasks applicable to each of the phases of the project:
Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want todefine deliverables for your project requirementsthat are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works. Identify the two correct statements in this respect. (Choose two.)

A) Youassociate a deliverable with a task, independent of associating a requirement with a task.
B) The association of a deliverable with a task is dependent on associating a requirement with a task.
C) A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
D) A deliverable associated with a requirement is automatically associated with the tasks createdfor that requirement.


3. Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China andadded a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit. Why is he not able to see the transactions for the China business unit? (Choose the best answer.)

A) The project accountant isnot assignedto the external rolethat grants access to the China business unit.
B) The application role relevant to the China business unit is not assigned to the project accountant.
C) The US and UK business units are linked to different ledgers than the China business unit.
D) The China business unit is associated with a different legal entity than the US and UK business units.


4. Your customerhas different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates willbe populated in such invoices? (Choose two.)

A) Project accounting date is the first day of the first open project accountingperiod.
B) Project accounting date is the same as the original invoice date.
C) Accounting date is the first day of the first open accounting period.
D) Project accounting date is the last day of the open project accounting period.
E) Accounting date is the same as the original invoice date.


5. You recently made some changes to a project contract and the current status of the contract is Under Amendment. Identify the correct sequence of activities that can take place on that contract. (Choose the best answer.)

A) On Hold > Pending Approval > Active
B) Pending Approval > Pending Acceptance > Active
C) Pending Acceptance > Pending Approval > Active
D) OnHold > Pending Acceptance > Active


Solutions:

Question # 1
Answer: B,D
Question # 2
Answer: A,C
Question # 3
Answer: A
Question # 4
Answer: B,C
Question # 5
Answer: B

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