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| Section | Objectives |
|---|---|
| Project Management Cloud Fundamentals | - Overview of Oracle Project Management Cloud
|
| Project Execution and Control | - Project planning and scheduling
|
| Integration and Extensions | - Integration with Oracle Cloud ERP
|
| Implementation and Configuration | - Setup and configuration of project management structures
|
| Project Financial Management | - Costing and budgeting
|
Question 1
Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation? (Choose two.)
A. Manage Project Plan Resource Assignment
B. View Project Progress
C. Allocate Project Expense
D. Transfer Project
Question 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 to define deliverables for your project requirements that 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. A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
B. A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
C. You associate a deliverable with a task, independent of associating a requirement with a task.
D. The association of a deliverable with a task is dependent on associating a requirement with a task.
Question 3
You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
Associated Project Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)
A. USD 120
B. USD 70
C. USD 184
D. USD 134
Question 4
Your business user has created a purchase order (PO) that has the following attributes:
Accrue at Receipt = Yes
Matching Option = 2 way
Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the "Import and Process Cost transactions" ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as "Oracle Payables". The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)
A. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.
B. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.
C. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.
D. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.
Question 5
Your customer has a requirement to import and process third-party transactions that are "costed" and
"accounted".
Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)
A. Document Options
B. Document Entry Options
C. Transaction Source Options
D. Import Options
Solutions:
| Question 1 Answer: A,B | Question 2 Answer: A,C | Question 3 Answer: B | Question 4 Answer: B,C | Question 5 Answer: C |
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