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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets basedon 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.)

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

2. What are three configuration items that you need to set up by using the Project Organizationsfunctional area in Project Financial Management configurations? (Choose three.)

A) Mange Business Unit
B) Manage Project Organization Classifications
C) Manage Project Unit Organizations
D) Mange Project Types
E) Manage Project Unit Options

3. You want tocreate a few project roles so as to restrict accessin the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (

A) Project Billing Specialist- Security based on Contract BU
B) Project Executive- Security basedon Project Hierarchy
C) Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
D) Project Team Member- Security based on Project Assignment
E) Project Manager- Security based on Project Assignment

4. Your customer has implemented Oracle Project Portfolio Management Cloud recently and they have hired new employees for their Professions Services business. These employees are set up in Oracle Human Capital Management Cloud, but the Project Administrators are unable to add them as resources in the Planning Resource Breakdown Structure.
What are three conditions for new employees to show up in the list? (Choose three.)

A) All new employees created as persons must have an active project role.
B) All new employees created as persons must have an active supervisor.
C) Allnew employees created as personsmust be assigned to a department.
D) All new employees created as personsmust have an active assignment.
E) Current date is before the effective date of the resource, and you did not enable the "Include people with future-dated effective start dates" option during the search.

5. You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
AssociatedProject Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)

A) USD 70
B) USD 120
C) USD 134
D) USD 184

Solutions: