LATEST 1Z0-1057-23 STUDY PRACTICE QUESTIONS ARE HIGHLY-PRAISED EXAM BRAINDUMPS

Latest 1Z0-1057-23 Study Practice Questions are Highly-Praised Exam Braindumps

Latest 1Z0-1057-23 Study Practice Questions are Highly-Praised Exam Braindumps

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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q103-Q108):

NEW QUESTION # 103
Your client has decided to import time cards into Project Costing from Oracle Fusion Time and Labor. They have a requirement to make adjustments to time card entries whenever needed.
In which work area will the employees and contingent workers be able to modify their time cards?

  • A. Both Time and Cost
  • B. Time
  • C. Cost
  • D. Asset

Answer: A

Explanation:
The employees and contingent workers will be able to modify their time cards in the Time work area. This work area allows them to enter, review, edit, and submit their time cards for approval. They can also view the status and history of their time cards and make corrections as needed. The Time and Cost work area allows the project managers and cost accountants to review, adjust, and transfer time card transactions to projects and tasks. The Asset work area allows the asset managers and cost accountants to review, adjust, and transfer asset transactions to Oracle Fusion Assets. These work areas are not used by the employees and contingent workers to modify their time cards. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-time-and-labor.html#OAPFM2356221


NEW QUESTION # 104
What are three configuration items that you need to set up by using the Project Organizations functional area in Project Financial Management configurations? (Choose three.)

  • A. Manage Project Unit Organizations
  • B. Manage Project Organization Classifications
  • C. Manage Project Unit Options
  • D. Mange Business Unit
  • E. Mange Project Types

Answer: A

Explanation:
Reference https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/define-project-organizations.html#OAPFM3094543 Topic - Manage Project Unit Organizations


NEW QUESTION # 105
Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management.

  • A. project
  • B. project plan type
  • C. expenditure item
  • D. project classification
  • E. resource

Answer: A

Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPJF/OAPJF1121937.htm#OAPJF1121937


NEW QUESTION # 106
When implementing Project Performance Reporting, your customer has the following requirements:
Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.
As long as a project cost is less than the threshold, the project should be shown as on-track.
Which threshold level rule is ideal for this kind of KPI definition? (Choose the best answer.)

  • A. multiple threshold level value
  • B. single threshold level range
  • C. multiple threshold levels
  • D. single threshold level value

Answer: D

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjs/update-project-performance-data-and-generate-kpis.html#OAPJS16654 Performance Status Indicator Performance status indicators give an immediate picture of the status of a project, such as critical, at risk, and on track. Each distinct icon indicates the status and severity of performance. During KPI definition, you first associate status indicators with performance statuses:
Critical
Severe
At risk
On track
Ahead
You then associate these statuses with threshold levels. When KPI values are generated for a project, each value is compared to the defined thresholds and the corresponding status indicator for the KPI appears on project performance reports.
A status can identify negative performance so that you can take the appropriate actions to prevent or quickly resolve problems. Conversely, a status can identify positive performance to help you track expected or excellent performance.
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/fapfm/implementing-project-financial-management-applications.html#FAPFM975706 Create Key Performance Indicators Create key performance indicators (KPI) to measure how well your organization performs an operational, tactical, or strategic activity that is critical for the current and future success of the organization.
Note: To create KPIs you must enable a project unit to track key performance indicators.
Use the Threshold Levels section to specify thresholds to indicate the health status of a KPI. Select one of the following options:
Multiple threshold levels
Single threshold level value
Single threshold level range


NEW QUESTION # 107
Identify three correct statements about project types.
(Choose three.)
Response:

  • A. Classifications can be assigned at project type.
  • B. Summarization options can be specified at project type.
  • C. Project type can be used as a source in subledger accounting.
  • D. Project type can be associated with multiple project units.
  • E. Project type can be enabled for both billing and capitalization.

Answer: C,D,E


NEW QUESTION # 108
......

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