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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Select two correct statements about project classifications on a template. (Choose two.)

A) Project class category in a project classification must be associated with a Set Code.
B) Project Classification is a mandatory field on a project template.
C) Set Code isnotrequired for a project class category in a project classification.
D) When a project is created from a template, the required project classifications must be entered.

2. A consulting services company is currently working on a businesstransformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:
Dr Unbilled Receivables 40,000
Cr Revenue 40,000
At the end of theperiod, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer.)

A) Dr Unearned Revenue 40,000Cr Accounts Receivables 40,000
B) Dr Accounts Receivables 40,000Cr Unbilled Receivables 40,000
C) Dr Accounts Receivables 40,000Cr Revenue 40,000
D) Dr Unearned Revenue 40,000Cr Revenue 40,000

3. 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 that meets the specified proficiency.
C) An individual's score is 100% if the resource request has a qualification, but no proficiency is specified, and the resource has the qualification.
D) 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.

4. You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Portfolio Management with tasks and subtasks applicable to each of the phases of the project:
Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want todefine deliverables for your project requirementsthat are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works. Identify the two correct statements in this respect. (Choose two.)

A) A deliverable associated with a requirement is automatically associated with the tasks createdfor that requirement.
B) Youassociate a deliverable with a task, independent of associating a requirement with a task.
C) The association of a deliverable with a task is dependent on associating a requirement with a task.
D) A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.

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

Solutions: