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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

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

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

2. You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
AssociatedProject Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)

A) USD 134
B) USD 184
C) USD 120
D) USD 70

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

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

4. Your customerhas different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates willbe populated in such invoices? (Choose two.)

A) Accounting date is the first day of the first open accounting period.
B) Project accounting date is the first day of the first open project accountingperiod.
C) Accounting date is the same as the original invoice date.
D) Project accounting date is the last day of the open project accounting period.
E) Project accounting date is the same as the original invoice date.

5. 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) prorate
B) spread evenly
C) target percentage and spread evenly
D) target percentage and prorate

Solutions: