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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

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

2. Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocateto various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task.
Which allocation basis method would you use to meet this requirement? (Choose the best answer.)

A) target percentage and spread evenly
B) prorate
C) target percentage and prorate
D) spread evenly

3. You are trying to create a custom infolet but are notable to find the "Create Infolet" option in the Infolet repository window. Whichtwosteps should be completed before you can access the "Create Infolet" option?

A) You must activatePage Composer.
B) You must be in anactive sandbox.
C) You should be on the Project Custom Objects page.
D) You should enable the "Create Infolet" option from the Personalize Springboard page.

4. 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 project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
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 current date is used for calculating labor demand for the current year.
D) The current period start date is used for calculating labor demand for the current year.

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

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

Solutions: