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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Project managers typically have the need to plan for granular labor resources, whereas only high-level planning is sufficient for financial purposes. Identify the two true statements about the Project Integration Gateway in this background.

A) When you import the project plan, all planning for non-integrated resources is summarized by WBS.
B) When you import the project plan, all planning for non-integrated resources is summarized by Project class.
C) You are allowed to create non-integrated resources manually in Primavera.
D) The summary information does not become a resource class resource assignment in Oracle Fusion PPM.

2. Select the two options that would accurately fill in the blanks in the sentences below.
The rate sources in Fusion PPM are based on the Schedule Types specified on the Invoice and Revenue Methods. If the schedule type is Labor Schedule, Bill Rate, then a valid rate source would be ____________ or _______.

A) Employee bill rate schedule
B) Burden schedule
C) Job billrate schedule
D) Labortransfer price schedule
E) Labor burden schedule

3. Your company has set up the burdening functionality to capture the overhead costs incurred on all projects. It has been decided that these overhead costs will be stored as a separate expenditure item performed to set up the required expense account?

A) Set up the account at the expenditure category defined for the burden transaction.
B) Set up the burden cost account SLA,
C) Set up the total burdened cost credit SLA.
D) Set up the account at the expenditure type defined for the burden transaction.
E) Set up the burden cost clearing account SLA.

4. Select the option that accurately fills in the blank below.
Function security Privileges in Fusion PPM are also known as______

A) rights
B) honors
C) licenses
D) entitlements

5. Capitalization Options on a project type allows you to use cost allocation methods to automatically distribute which two types of costs across multiple assets?

A) non-capitalizablecosts
B) common costs
C) indirect costs
D) costs attributable to a specific asset

Solutions:

Question # 1 Answer: A,D

Question # 2 Answer: A,C

Question # 3 Answer: B

Question # 4 Answer: B

Question # 5 Answer: C,D