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Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q123-Q128):

NEW QUESTION # 123
You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Portfolio Management with tasks and subtasks applicable to each of the phases of the project:
Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want todefine deliverables for your project requirementsthat are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works. Identify the two correct statements in this respect. (Choose two.)

A. The association of a deliverable with a task is dependent on associating a requirement with a task.
B. You associate a deliverable with a task, independent of associating a requirement with a task.
C. A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
D. A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.

Answer: B,C

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapem/define-project- deliverables.html#OAPEM1122079 Associate deliverables with one or many tasks or requirements at any level. Associate existing deliverables to tasks or requirements or create deliverables directly for tasks or requirements. You can delete a deliverable in New status if it is not associated with tasks or requirements.
Can deliverables for projects and tasks be inherited from associated requirements?
No.A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
You associate a deliverable with a task, independent of associating a requirement with a task.

NEW QUESTION # 124
Your organization has a requirement to retrieve the value of the cost center segment based on the department.
Which source can you use while defining the account rule to achieve this requirement?

A. Project Organization Cost Center Segment
B. Event Organization Cost Center Segment
C. Expenditure Organization Cost Center Segment
D. Expenditure Business Unit Cost Center Segment

Answer: C

Explanation:
The source that can be used while defining the account rule to achieve this requirement is Expenditure Organization Cost Center Segment. This source allows you to retrieve the value of the cost center segment based on the expenditure organization of the transaction. The expenditure organization is an attribute of a transaction that represents the organization that incurs or owns the cost of the transaction.

NEW QUESTION # 125
You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)

A. Expenditure Type
B. Accounting Calendar
C. Time Off
D. Workday Patterns
E. Exceptions

Answer: D,E

Explanation:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1192914.htm Topic - Creating Calendars for Projects and Resources: Procedure Project Schedules are used as a base for project and resource calendars in Project Execution Management applications. The smallest scheduling unit is a day. For example, you can define the number of hours in a day but, you can't schedule work for a specific time of the day.
The following are the elements of a schedule:
* Shifts
* Workday patterns
* Exceptions

NEW QUESTION # 126
Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)

A. Cost
B. Remaining Plan
C. Manual Entry
D. Effort

Answer: A

Explanation:
Reference: https://ppm-help.saas.hpe.com/en/9.42/Help/Content/UG/PjMUG/view_pj_cost_data_costtab.htm Below is an example of the Financial Summary view on the Cost tab of the Project Overview page.
https://admhelp.microfocus.com/ppm/en/9.42/Help/Content/UG/PjMUG/images
/ProjectOverviewPage_CostTab.gif

NEW QUESTION # 127
Shift is one of the key elements in defining project and resource calendars.
Which two additional key elements are required to define the project and resource calendars? (Choose two.)

A. Expenditure Type
B. Accounting Calendar
C. Time off
D. Workday Patterns
E. Schedule Exceptions

Answer: D,E

Explanation:
Shift is one of the key elements in defining project and resource calendars. Two additional key elements that are required to define the project and resource calendars are:
* Schedule Exceptions: These are dates or periods that override the regular workday patterns and shifts of a calendar. They can be used to define holidays, vacations, or other special events that affect the availability of resources or projects.
* Workday Patterns: These are patterns of working and nonworking days that repeat over a period of time. They can be used to define the standard working days and hours for a calendar. Time off, expenditure type, and accounting calendar are not key elements in defining project and resource calendars. Time off is an attribute of a resource assignment that reduces the availability of a resource.
Expenditure type is a classification of costs that determines how they are processed and accounted.
Accounting calendar is a calendar that defines the accounting periods and dates for transactions.
Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage- project-resources.html#OAPFM2356131

NEW QUESTION # 128
......

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Julian Thomas Julian Thomas

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