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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Identify three correct statements about project types. (Choose three.)

A) Classifications can be assigned
B) Summarization options can be specified at project type.
C) Project type can beenabled for both billing and capitaliz
D) Project type can be associated with multiple project units.
E) Project type can be usedas a source

2. 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 that their 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.

3. Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)

A) If the "Allow resource changes at project level" option is set to for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
B) If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
C) If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.
D) If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.

4. Which setup option is common to both financial and project plan types?

A) Enable the entry of plan amounts in currencies other than the project currency.
B) Enable the use of a workflow for managing budget or forecasting status changes.
C) Manage the options for creating control budgets in Oracle Fusion Budgetary Control.
D) Identify whether the plantype is the default selection when you create budget or forecast versions.

5. You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for abillable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program's processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 0
DraftInvoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)

A) Rate Based
B) As Incurred
C) Amount Based
D) Percent Complete

Solutions:

Question # 1 Answer: A,C,E

Question # 2 Answer: A,C

Question # 3 Answer: A

Question # 4 Answer: A

Question # 5 Answer: C