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Updated: Jul 24, 2026
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| Certification Vendor: | Oracle |
| Exam Name: | Oracle Project Management Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1057-21 |
| Exam Duration: | 90 minutes |
| Exam Price: | USD 245 |
| Real Exam Qty: | 55 |
| Related Certifications: | Oracle Project Management Cloud 2021 Certified Implementation Specialist |
| Certificate Validity Period: | Oracle Cloud Certifications are typically valid for the corresponding product release cycle |
| Exam Format: | Multiple Choice, Multiple Answer |
| Available Languages: | English |
| Passing Score: | 60% |
| Sample Questions: | Oracle 1Z0-1057-21 Sample Questions |
| Exam Way: | Online Proctored Exam or Pearson VUE Test Center |
| Pre Condition: | Oracle recommends implementation experience with Oracle Project Management Cloud solutions. No mandatory prerequisite exam required. |
| Official Syllabus URL: | https://education.oracle.com/oracle-project-management-cloud-2021-implementation-essentials/pexam_1Z0-1057-21 |
| Section | Objectives |
|---|---|
| Topic 1: Project Billing and Revenue Management | - Contract and Billing Setup
|
| Topic 2: Security and Implementation Tools | - Implementation Utilities
|
| Topic 3: Project Cost Management | - Cost Collection and Processing
|
| Topic 4: Project Financial Management Setup | - Financial Structures
|
| Topic 5: Resource Management | - Resource Structures
|
| Topic 6: Project Execution Management | - Project Planning
|
| Topic 7: Project Foundation Setup | - Project Units
|
1. Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources. After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost amounts associated with the resources, you suspect that the cost association does not match your client's expectations. Identify two valid rules based on which cost association works. (Choose two.)
A) If a transaction maps to more than one level, Oracle PPMCloud sums the precedence numbers for all resource type in the branch and gives precedence to the resource element in the branch with the highest sum.
B) If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.
C) If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with thelowest number at the lowest level.
D) If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
2. Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)
A) Project Contract-based costing
B) Project Contract Collection Center
C) Contract Team Connect
D) Project Contract-based billing
3. Yourcustomer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)
A) Accounting Periods
B) PA Calendar
C) Project Accounting Periods
D) Calendar Types
E) PA-GL Periods
4. 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 name
C) common costs on the project/task
D) expenditure type exclusions on the Capitalized Interest rate schedules
E) expenditure items whose costs are applied to a single asset or multiple assets
5. Your customer wants to generate accounting based on project information associated with the transaction for all subledger transactions. Identify three subledger applications for which the project source is available for deriving accounts when configuring subledger accounting. (Choose three.)
A) Receipt Accounting
B) Purchasing
C) Fixed Asset
D) Payables
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: D | Question # 3 Answer: A,C | Question # 4 Answer: E | Question # 5 Answer: A,B,D |
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