Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Youare implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-chargetransactions happen between business units within the same legal entity.Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.
Identify two setups that can drive this borrowed and lent agreement. (Choosetwo.)

A) A document entry such asstraight time must be enabledfor cross-charge transactions.
B) Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
C) Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
D) Transfer price basis must beRaw Costand calculation method must beBasis Only.

2. After completing setups in a source environment, your customer wants to move the setup data to a target environment. Identify the two statements related to task listscope, which you must consider before taking a decision based on the customer requirement. (Choose two.)

A) Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.
B) A scope value is used to assign users who can perform a task within an implementation project.
C) A task list can besegmented by a scope valueand a task can be performed for each qualifying value of the selected object.
D) Exported setup data can befiltered by specific scope valuesif the business object has scope enabled for the setup data export.

3. 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) Amount Based
B) Percent Complete
C) Rate Based
D) As Incurred

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

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

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

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

Solutions: