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| Section | Weight | Objectives |
|---|---|---|
| Resource and Task Management | 25% | - Project Management
|
| Project Financial Management | 30% | - Project Billing
|
| Project Reporting and Integration | 20% | - Project Performance Reporting
|
| Project Foundation Setup | 25% | - Project Foundation Configuration
|
1. While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status. ( Choose two.)
A) You opened the hierarchy by clicking the name.
B) You selected the Edit icon for opening the hierarchy.
C) You used View Tree Version in the action menu.
D) You used Create Tree Version in the action menu.
E) You used Create Tree in the action menu.
2. Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types.
Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)
A) Create a revenue method with a revenue method classification of Amount Based.
B) Create a revenue method classification with a revenue method of Percent Complete.
C) Create a revenue method classification with a revenue method of Percent Spent.
D) Create a revenue method with a revenue method classification of Rate Based.
3. Your customer wants a project start date to cascade to the project tasks but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this. (Choose the best answer.)
A) Cascade change to the finish date.
B) Cascade change to the start date and the finish date.
C) Cascade change to the start date.
D) Do not cascade date changes.
4. Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)
A) Project Accountant Template for Project Organization Security
B) Project Manager Template for Project Organization Security
C) Project Administrator Template for Project Organization Security
D) Project Billing Specialist Template for Project Organization Security
E) Project Creator Template for Project Organization Security
5. Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocate to various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task.
Which allocation basis method would you use to meet this requirement? (Choose the best answer.)
A) prorate
B) target percentage and prorate
C) target percentage and spread evenly
D) spread evenly
Solutions:
| Question # 1 Answer: D,E | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: C,E | Question # 5 Answer: B |
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