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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) Use the predefined S-Curve spread with small deviations on the spread points.
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) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.

2. Your business user has created a purchase order (PO) that has the following attributes:
Accrue at Receipt = Yes
Matching Option = 2 way
Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the "Import and Process Cost transactions" ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as "Oracle Payables". The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)

A) When you have an AP invoice that is matched againsta PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.
B) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.
C) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.
D) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.

3. You want tocreate a few project roles so as to restrict accessin the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (

A) Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
B) Project Team Member- Security based on Project Assignment
C) Project Billing Specialist- Security based on Contract BU
D) Project Executive- Security basedon Project Hierarchy
E) Project Manager- Security based on Project Assignment

4. You are set up as a Follower in Manage Tasks. Which two abilities can you accomplish? (Choose two.)

A) View task details and the task activity stream.
B) Enter progress for tasks.
C) Receive email notifications about changes that team members make to a task.
D) Edit task details.

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 business unit in which the transaction is performed.
C) 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.
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: