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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You are currently involved in the implementation of the Project Financial Management solution for your client organization. Your client organization has two main lines of business: Consulting and Support. Consulting Services and Support Services organizations have different project planning, management, analysis and reporting requirements for the projects that they manage, though the management reporting and transaction processing requirements are the same for both the organizations.
What will be your recommendation?

A) Define Two Business Units and Two Project Units
B) Define One Business Unit and Three Project Units
C) Define One Business Unit and Two Project Units
D) Define Two Business Units and One Project Unit

2. You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
Associated Project Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)

A) USD 134
B) USD 184
C) USD 120
D) USD 70

3. Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displays labor demand information. (Choose the best answer.)

A) The current date is used for calculating labor demand for the current year.
B) The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
C) The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015.
D) The current period start date is used for calculating labor demand for the current year.

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

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

5. Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources. After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost amounts associated with the resources, you suspect that the cost association does not match your client''s expectations. Identify two valid rules based on which cost association works.

A) If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.
B) If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
C) If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with the lowest number at the lowest level.
D) If a transaction maps to more than one level, Oracle PPM Cloud sums the precedence numbers for all resource type in the branch and gives precedence to the resource element in the branch with the highest sum.

Solutions: