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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You have projects and tasks defined with transaction controls, which does not allow certain types of charges to the project. Your business needs to create invoices in AP with this project every period and hence would like to make the process easier by creating a distribution set. As you create the distribution set, you notice that these distribution set lines are not validated against the project transaction controls and you are allowed to save it without any validation errors. Identify the reason why the project transaction controls are not applied. (Choose the best answer.)

A) The account code combination is not available on the distribution set line.
B) There is no expenditure organization information available on the distribution set line.
C) There is no expenditure item date information available on the distribution set line.
D) There is no expenditure type information available on the distribution set line.

2. Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)

A) Remaining Plan
B) Cost
C) Manual Entry
D) Effort

3. Identify three correct statements about project types.
(Choose three.)
Response:

A) Project type can be associated with multiple project units.
B) Summarization options can be specified at project type.
C) Classifications can be assigned at project type.
D) Project type can be enabled for both billing and capitalization.
E) Project type can be used as a source in subledger accounting.

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

5. You are currently involved in the implementation of the Project Financial Management solution for your client organization. Your client organization has two main lines of business: Consulting and Support. Consulting Services and Support Services organizations have different project planning, management, analysis and reporting requirements for the projects that they manage, though the management reporting and transaction processing requirements are the same for both the organizations.
What will be your recommendation?

A) Define Two Business Units and Two Project Units
B) Define One Business Unit and Three Project Units
C) Define Two Business Units and One Project Unit
D) Define One Business Unit and Two Project Units

Solutions: