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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer accounts revenue based on, product class category. Because all your customer's projects are funded by private and government institutions, theydecide 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) Funding source class category is enabled for "available as accounting source".
B) Funding source class category is not enabled for "available as accountingsource".
C) Product class category is not enabled for "available as accounting source".
D) Funding source class category is assigned to all project types.

2. Which two statements describe how the Resource Qualification Score is calculated?

A) An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource does not have thequalification.
B) An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification with a proficiencythat is lower or higher than specified.
C) An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification that meets the specified proficiency.
D) An individual's score is 100% if the resource request has a qualification, but no proficiency is specified, and the resource has the qualification.

3. You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in MicrosoftProjects. Identify three conditions that must be met forexporting milestone tasks.( Choose three.)

A) lowest-level tasks set up with non-zero duration
B) lowest-level tasks set up with zero duration
C) only one labor resource assignment with 0 effort
D) percent work complete values of 0 or 100 percent
E) only one labor resource assignment with 100 effort

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 commitmentfor $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) 800
B) 1000
C) 900
D) 600

5. Whichthreefile-based data imports are available for use in Oracle Project Portfolio Management Cloud?

A) Project Billing Events
B) Project Tasks
C) Project Templates
D) Project Budgets

Solutions: