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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitmentfor $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)

A) 600
B) 800
C) 1000
D) 900

2. 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 Raw Cost and calculation method must be Rate Schedule.
C) Transfer price basis must beRaw Costand calculation method must beBasis Only.
D) Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.

3. Your customer wants a projectstart date to cascade to the project tasks but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this.(Choose the best answer.)

A) Cascade change to the start date and the finish date.
B) Cascade change to the finish date.
C) Do not cascadedate changes.
D) Cascade change to the start date.

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

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

5. Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)

A) Project Accountant Template for Project Organization Security
B) Project Administrator Template forProject Organization Security
C) Project Creator Template for Project Organization Security
D) Project Billing Specialist Template for Project Organization Security
E) Project Manager Template for Project Organization Security

Solutions: