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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

A) Flexfield
B) Job
C) Dynamic
D) Position
E) Static

2. Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statements about the periodic project labor demand.

A) Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
B) Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
C) Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
D) Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.

3. Which component of performance measures allows you to select the method that is used to measure accounts such as budget, forecast, and actual?

A) Category Member
B) Scenario Member
C) Time Member
D) Accounts Member

4. You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Management with tasks and subtasks applicable to each of the phases of the project: Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works.
Which two are correct statements in this scenario?

A) A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
B) The association of a deliverable with a task is dependent on associating a requirement with a task.
C) You associate a deliverable with a task independent of associating a requirement with a task.
D) A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.

5. Identify three correct statements about project types. (Choose three.)

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

Solutions: