Oracle : 1Z0-1057-21 Questions & Answers

Last Updated: May 28, 2026

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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Which two statements are true about a project in "Draft" status? (Choose two.)

A) Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.
B) Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
C) Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.
D) Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.


2. You are now the project manager of a newly created implementation project. Which two items arenotpart of managing an implementation project?

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


3. Which application would you use to map application roles to external roles? (Choose the best answer.)

A) Security Console
B) Authorization Policy Manager
C) BPM Work List
D) Oracle Identify Manager


4. Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets basedon the construction-in-process cost of each asset.Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement. (Choose the best answer.)

A) Spread Evenly
B) Actual Unit
C) Standard Unit Cost
D) Current Cost
E) Estimated Cost


5. In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)

A) expenditure items whose cost spreads across multiple assets that are capitalized
B) expenditure type exclusions on the Capitalized Interest rate schedules
C) expenditure type exclusions on the Capitalized Interest rate name
D) common costs on the project/task
E) expenditure items whose costs are applied to a single asset or multiple assets


Solutions:

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

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