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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statementsabout the periodic project labor demand. (Choose two.)

A) Labor Demand FTE is calculated as YearlyAllocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
B) Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
C) Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
D) Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.

2. Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)

A) Project Accountant Template for Project Organization Security
B) Project Administrator Template forProject Organization Security
C) Project Creator Template for Project Organization Security
D) Project Manager Template for Project Organization Security
E) Project Billing Specialist Template for Project Organization Security

3. Which three features are part of Oracle Fusion Functional Setup Manager?

A) guided task list for end-to-end setup requirements
B) updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
C) feature opt-in for a best fit configuration
D) modifying an existing implementation project task list by selectingmore functional areas when needed
E) export and import services for setup data migration between environments

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

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

5. 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) Product class category is not enabled for "available as accounting source".
C) Funding source class category is not enabled for "available as accountingsource".
D) Funding source class category is assigned to all project types.

Solutions: