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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Which setup option is common to both financial and project plan types?

A) Identify whether the plantype is the default selection when you create budget or forecast versions.
B) Enable the use of a workflow for managing budget or forecasting status changes.
C) Enable the entry of plan amounts in currencies other than the project currency.
D) Manage the options for creating control budgets in Oracle Fusion Budgetary Control.

2. You havedefined two expenditure types, but they are not available for selection when youenter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)

A) The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.
B) The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed.
C) The two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed.
D) The two expenditure types are not assigned to the reference data set that is assigned to theproject unitin which the transaction is performed.

3. 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 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.
B) The current date is used for calculating labor demand for the current year.
C) The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
D) The current period start date is used for calculating labor demand for the current year.

4. Identify three correct statements about project types. (Choose three.)

A) Classifications can be assigned
B) Summarization options can be specified at project type.
C) Project type can be usedas a source
D) Project type can beenabled for both billing and capitaliz
E) Project type can be associated with multiple project units.

5. Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources page.
An HCM person is included in a condition with a process ordervalue of 1 and, additionally, there are three other conditions, all with a process order value of 10. Identify two correct statements about the Maintain Project Enterprise Labor Resources process as it relates to process order values. (Choose two.)

A) The process creates a resource by using the condition with a process order value of 1 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
B) For the three conditions that have the same process order value of 10, the records are processed in ascending numeric order based on the condition name.
C) The process creates a resource by using the conditions with a process order value of 10 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
D) For the three conditions that have the same process order value of 10, the records are processed in ascending alphabetic orderbased on the condition name.

Solutions: