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| Section | Weight | Objectives |
|---|---|---|
| Resource Management and Capacity Planning Updates | 25% | - Resource calendar and scheduling updates - Capacity planning and forecasting enhancements - Resource assignment and utilization improvements |
| New Features in Project Foundation | 25% | - Setup and configuration improvements - Project type and template enhancements - Project classification and organization updates |
| Project Financial Management Enhancements | 30% | - Revenue recognition rule changes - Costing and control functionality updates - Project billing configuration updates |
| Analytics and Reporting Enhancements | 20% | - Data visualization and reporting features - New dashboards and analytics tools - Project performance reporting updates |
1. 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 enabled for "available as accounting source".
C) Funding source class category is not enabled for 'available as accounting source'.
D) Funding source class category is assigned to all project types.
2. You are currently involved in the implementation of the Project Financial Management solution for your client organization. Your client organization has two main lines of business: Consulting and Support. Consulting Services and Support Services organizations have different project planning, management, analysis and reporting requirements for the projects that they manage, though the management reporting and transaction processing requirements are the same for both the organizations.
What will be your recommendation?
A) Define Two Business Units and Two Project Units
B) Define Two Business Units and One Project Unit
C) Define One Business Unit and Two Project Units
D) Define One Business Unit and Three Project Units
3. Identify the three contract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)
A) Task
B) Expenditure Type
C) Contract Line
D) Projects
E) Contract Header
4. 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. (Choose two.)
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.
5. When implementing Project Performance Reporting, your customer has the following requirements:
Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.
As long as a project cost is less than the threshold, the project should be shown as on-track.
Which threshold level rule is ideal for this kind of KPI definition?
(Choose the best answer.)
A) single threshold level range
B) multiple threshold levels
C) single threshold level value
D) multiple threshold level value
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: A,C,D | Question # 4 Answer: A,D | Question # 5 Answer: C |
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