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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displayslabor demand information. (Choose the best answer.)

A) The current period start date is used for calculating labor demand for the current year.
B) The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015.
C) The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
D) The current date is used for calculating labor demand for the current year.

2. Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accountingclose cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)

A) S-Curve
B) Daily Spread Basis
C) Even
D) Back Loaded
E) Bell Curve

3. Which two statements are true about a project in "Draft" status? (Choose two.)

A) Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.
B) Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
C) Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.
D) Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work area.

4. You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created underprojects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem?
(Choose the best answer.)

A) The "Require Task Managers to be Project Team Members" profile option is set to Yes.
B) The quality manager is not assigned with a supervisor.
C) The quality manager belongs to a department that is not associated with the project.
D) The "Require Task Managers to be Project Team Members" profile option is set to No.

5. Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types.
Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)

A) Create arevenue method with a revenue method classification of Rate Based.
B) Create a revenue method classification with a revenue method of Percent Complete.
C) Create a revenue method classification with a revenue method of Percent Spent.
D) Create a revenue method with a revenue method classification of Amount Based.

Solutions: