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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

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

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

2. 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) 1000
B) 600
C) 800
D) 900

3. Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statementsabout the periodic project labor demand. (Choose two.)

A) Labor Demand FTE is calculated as YearlyAllocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
B) Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
C) Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
D) Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.

4. You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created underprojects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem?
(Choose the best answer.)

A) The quality manager is not assigned with a supervisor.
B) The "Require Task Managers to be Project Team Members" profile option is set to Yes.
C) The quality manager belongs to a department that is not associated with the project.
D) The "Require Task Managers to be Project Team Members" profile option is set to No.

5. Yourcustomer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement.
(Choose the best answer.)

A) Accounting Rule
B) Supporting References
C) Accounting Method
D) Mapping Sets
E) Journal Rules

Solutions: