Valid Test 1z0-1057-24 Test & Pass4sure 1z0-1057-24 Dumps Pdf
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Oracle 1z0-1057-24 Exam Syllabus Topics:
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Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q28-Q33):
NEW QUESTION # 28
Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified thattheir cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. ( Choose two)
- A. Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.
- B. Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
- C. Use the predefined Bell Curve spread with small deviations on the spread points.
- D. Use the predefined S-Curve spread with small deviations on the spread points.
Answer: A,B
Explanation:
To handle a custom spread on budgets and forecasts, you can either create a new spread curve or edit an existing one to match the desired spread points. Then, you can attach the spread curve to a project template or a resource class, depending on whether you want to apply it to all projects using that template or all transactions using that resource class.Reference:https://docs.oracle.com/en/cloud/saas/project-portfolio- management/20c/oapfm/define-project-budgets-and-forecasts.html#OAPFM2355819
NEW QUESTION # 29
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 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.
- B. The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
- C. The current date is used for calculating labor demand for the current year.
- D. The current period start date is used for calculating labor demand for the current year.
Answer: C
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 thecurrent dateto determine which year or quarter to display.
NEW QUESTION # 30
You havedefined two expenditure types, but they are not available for selection when you enter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)
- A. The two expenditure types are not assigned to the reference data set that is assigned to theproject unit in which the transaction is performed.
- B. The two expenditure types are not assigned to the reference data set that is assigned to the project- owning organization in which the transaction is performed.
- C. The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed.
- D. The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.
Answer: A
Explanation:
Ref: Implementing-Project-Financial-Management-and-Grants-Management.pdf (19A Part # F11256-01) Chapter 3 - Define Project Organizations Topic - Set Assignments and Project Data - How They Work Together (Page 29) Business Unit as Set Determinant Business units enable you to control and report on financial transactions, usually for specific geographical entities within the enterprise. For project management purposes, assign the Project Accounting business function to the business unit.
Business unit is a set determinant for the project-related reference data objects described in the following table.
Ref Data Object
Entities
Project Accounting Definition
Project Types
Project Rates
Project rate schedules
Project Unit as Set Determinant
Use project units to enforce consistent project management practices across your enterprise. Project unit is a set determinant for the reference data objects described in the following table.
Ref Data Object
Entities
Project Definition
Class codes, financial plan types, project plan types and project roles Project Transaction Types Expenditure types and work types You can only select class codes, plan types, roles, expenditure types and work types that are assigned to the same set as the project unit. To enable expenditure types and work typesfor use on projects owned by a project unit, assign the set associated with the Project Transaction Types reference data object to those entities
NEW QUESTION # 31
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. Asset
- C. Time
- D. Cost
Answer: C
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. Reference:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c
/oapfm/manage-project-time-and-labor.html#OAPFM2356221
NEW QUESTION # 32
Which application generates external roles to grant both function and data security? (Choose the best answer
.)
- A. Business Process Manager
- B. Authorization Policy Manager
- C. Functional Setup Manager
- D. Oracle Identity Manager
Answer: D
Explanation:
Authorization Policy Manager (APM)
APM greatly simplifies the creation, configuration, and administration of application policies APMdoes not support the management of users and external roles;these artifacts can only be viewed with the tool.Their provision and management is typically accomplished using Oracle Identity Manager Oracle Identity Manager (OIM) In regard to enterprise users and external roles, Authorization Policy Manager provides viewing and searching functionality only.To manage users and external roles, use Oracle Identity Manager or some other identity management tool.
OIM provision users, roles, and defines what a user can do in Oracle Cloud Duty Roles are mapped to jobs and assigned access privileges (Data Security)
NEW QUESTION # 33
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