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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. You create a project schedulewith a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)

A) Time Off
B) Expenditure Type
C) Accounting Calendar
D) Workday Patterns
E) Exceptions

2. Whichthreeare part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?

A) Import Projects.
B) File Importand Export.
C) Prepare setup data.
D) Upload setup data.
E) Generate CSV files.

3. 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 Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
C) 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.
D) 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.

4. Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

A) Flexfield
B) Job
C) Dynamic
D) Position
E) Static

5. Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. ( Choose two)

A) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.
B) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
C) Use the predefined Bell Curve spread with small deviations on the spread points.
D) Use the predefined S-Curve spread with small deviations on the spread points.

Solutions: