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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two

A) expenditure item
B) project plan type
C) project
D) resource
E) project classification

2. 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 one set only with common values
B) assignment to multiple sets; common values allowed
C) assignment to multiple sets; no common values allowed
D) assignment to one set only; no common values allowed

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 Burdened Cost, and calculation method must be Burden Rate Schedule.
B) Transfer price basis must be Raw Cost and calculation method must be 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. You create a project schedulewith a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)

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

5. You havedefined two expenditure types, but they are not available for selection when youenter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)

A) The two expenditure types are not assigned to the reference data set that is assigned to theproject unitin which the transaction is performed.
B) The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed.
C) The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.
D) The two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed.

Solutions: