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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Whichthreesetups can be configured by using Rapid Implementation for Project Financial Management Applications?

A) Project Templates
B) Expenditure Types
C) Departments
D) Project Types

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

3. You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for abillable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program's processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 0
DraftInvoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)

A) As Incurred
B) Amount Based
C) Percent Complete
D) Rate Based

4. Yourcustomer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)

A) Accounting Periods
B) Project Accounting Periods
C) Calendar Types
D) PA-GL Periods
E) PA Calendar

5. Whichtwoattributes are available while enabling a task as a business object for social networking?

A) Project
B) Task Number
C) Task
D) Creation Date
E) Project Number

Solutions: