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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
1. Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. ( Choose two)
A) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
B) Use the predefined Bell Curve spread with small deviations on the spread points.
C) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.
D) Use the predefined S-Curve spread with small deviations on the spread points.
2. Identify three correct statements about project types. (Choose three.)
A) Summarization options can be specified at project type.
B) Project type can be usedas a source
C) Project type can beenabled for both billing and capitaliz
D) Project type can be associated with multiple project units.
E) Classifications can be assigned
3. Youare implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-chargetransactions happen between business units within the same legal entity.Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.
Identify two setups that can drive this borrowed and lent agreement. (Choosetwo.)
A) Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
B) Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
C) Transfer price basis must beRaw Costand calculation method must beBasis Only.
D) A document entry such asstraight time must be enabledfor cross-charge transactions.
4. Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.
Which reference data sharing method would you setup to meet the customer requirement? (Choose the best answer.)
A) assignment to multiple sets; no common values allowed
B) assignment to one set only; no common values allowed
C) assignment to one set only with common values
D) assignment to multiple sets; common values allowed
5. Identify theattribute of a project typethatdetermines if expenditure items are billable, and theamount type to be used as the basisfor transfer pricing. (Choose the best answer.)
A) expenditure type
B) worktype
C) cost type
D) event type
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: B,C,E | Question # 3 Answer: C,D | Question # 4 Answer: A | Question # 5 Answer: B |




