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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create and update resources based on changes in HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers. (Choose the best answer.)

A) Person Type
B) Jobs
C) Pool Membership
D) attributes that the project enterprise resources are assigned after creation

2. While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status.

A) You used Create Tree in the action menu.
B) You used View Tree Version in the action menu.
C) You opened the hierarchy by clicking the name.
D) You used Create Tree Version in the action menu.
E) You selected the Edit icon for opening the hierarchy.

3. Your customer accounts revenue based on, product class category. Because all your customer''s projects are funded by private and government institutions, they decide to classify all projects based on their funding source to accurately report on revenue in General Ledger. Accordingly, you create a new class category "Funding Source" and assign it to all projects. However, you notice that the accounting is still happening based on product class category. Identify the reason for this problem. (Choose the best answer.)

A) Product class category is not enabled for "available as accounting source".
B) Funding source class category is not enabled for "available as accounting source".
C) Funding source class category is enabled for "available as accounting source".
D) Funding source class category is assigned to all project types.

4. 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 commitment for $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) 900
B) 1000
C) 800
D) 600

5. Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets based on the construction-in-process cost of each asset.
Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement.
(Choose the best answer.)
Response:

A) Standard Unit Cost
B) Current Cost
C) Estimated Cost
D) Actual Unit
E) Spread Evenly

Solutions: