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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
1. Select two correct statements about project classifications on a template.
A) When a project is created from a template, the required project classifications must be entered.
B) Project Classification is a mandatory field on a project template.
C) Set Code is not required for a project class category in a project classification.
D) Project class category in a project classification must be associated with a Set Code.
2. Select two correct statements about project classifications on a template.
A) When a project is created from a template, the required project classifications must be entered.
B) Project Classification is a mandatory field on a project template.
C) Set Code is not required for a project class category in a project classification.
D) Project class category in a project classification must be associated with a Set Code.
3. Your customer wants a project start date to cascade to the project tasks but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this. (Choose the best answer.)
A) Cascade change to the start date.
B) Do not cascade date changes.
C) Cascade change to the finish date.
D) Cascade change to the start date and the finish date.
4. Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources. After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost amounts associated with the resources, you suspect that the cost association does not match your client''s expectations. Identify two valid rules based on which cost association works.
A) If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with the lowest number at the lowest level.
B) If a transaction maps to more than one level, Oracle PPM Cloud sums the precedence numbers for all resource type in the branch and gives precedence to the resource element in the branch with the highest sum.
C) If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
D) If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.
5. Which two statements are true about the borrowed and lent cross charge method?
A) You must set up a contract business unit to use this method.
B) This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations
C) Internal Invoice is not generated with this method.
D) This method allows you to process cross charge transactions across legal entities.
Solutions:
Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: C |