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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China andadded a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit. Why is he not able to see the transactions for the China business unit? (Choose the best answer.)

A) The China business unit is associated with a different legal entity than the US and UK business units.
B) The application role relevant to the China business unit is not assigned to the project accountant.
C) The US and UK business units are linked to different ledgers than the China business unit.
D) The project accountant isnot assignedto the external rolethat grants access to the China business unit.

2. Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displayslabor demand information. (Choose the best answer.)

A) The current date is used for calculating labor demand for the current year.
B) The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015.
C) The current period start date is used for calculating labor demand for the current year.
D) The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.

3. Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two

A) expenditure item
B) project classification
C) resource
D) project
E) project plan type

4. Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accountingclose cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)

A) S-Curve
B) Daily Spread Basis
C) Bell Curve
D) Back Loaded
E) Even

5. Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. ( Choose two)

A) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
B) Use the predefined S-Curve spread with small deviations on the spread points.
C) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.
D) Use the predefined Bell Curve spread with small deviations on the spread points.

Solutions: