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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q80-Q85):
NEW QUESTION # 80
You have four resources in your organization: P, Q, R, and S.
Resource P - Project or resource calendar is active.
Resource Q - Project resource request dates are within the project or resource calendar effective dates.
Resource R - Resource calendar is complex, it does not contain seven days, and it contains more than one pattern and shift.
Resource S - Number of working days within the requested date range is not zero on the project or resource calendar.
Identify the resource for whom Resource Availability Capacity Score will not be calculated. (Choose the best answer.)
- A. Q
- B. P
- C. R
- D. S
Answer: B
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/evaluate-and-assign-resources.html#OAPEM916359 Topic - Resource Available Capacity Score: How It,s Calculated Calendars Used to Calculate Resource Available Capacity Scores How the Resource Available Capacity Score Is Calculated
NEW QUESTION # 81
Select two correct statements about project classifications on a template.
- A. Set Code is not required for a project class category in a project classification.
- B. When a project is created from a template, the required project classifications must be entered.
- C. Project class category in a project classification must be associated with a Set Code.
- D. Project Classification is a mandatory field on a project template.
Answer: A
Explanation:
Project classifications are used to group and report on projects based on different criteria. A project template can have one or more project classifications, which can be either required or optional. When a project is created from a template, the required project classifications must be entered, while the optional ones can be left blank. A project class category in a project classification must be associated with a set code, which determines the list of values for the project class. Project classification is not a mandatory field on a project template, but it is recommended to use it for reporting purposes. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-plans.html#OAPFM2355961
NEW QUESTION # 82
You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule.
- A. Workday Patterns
- B. Exceptions
- C. Time Off
- D. Expenditure Type
- E. Accounting Calendar
Answer: B
Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1192914.htm Topic - Creating Calendars for Projects and Resources: Procedure Project Schedules are used as a base for project and resource calendars in Project Execution Management applications. The smallest scheduling unit is a day. For example, you can define the number of hours in a day but, you can,t schedule work for a specific time of the day.
The following are the elements of a schedule:
Shifts
Workday patterns
Exceptions
NEW QUESTION # 83
You have defined two expenditure types but they are not available for selection when you enter an expenditure batch.
What is the reason for this problem?
- A. 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.
- B. The two expenditure types are not assigned to the reference data set that is assigned to the project 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-owning 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 expenditure organization in which the transaction is performed.
Answer: D
Explanation:
The reason for this problem is that the two expenditure types are not assigned to the reference data set that is assigned to the project unit in which the transaction is performed. Expenditure types are a type of reference data that can be shared across different business units or organizations using reference data sets. To make an expenditure type available for selection when you enter an expenditure batch, you need to assign it to the reference data set that is assigned to the project unit of the transaction. The project unit determines the reference data set for expenditure types. The reference data sets that are assigned to the project expenditure organization, the business unit, or the project-owning organization do not determine the reference data set for expenditure types. These reference data sets may determine other types of reference data such as expenditure categories, expenditure item dates, etc. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-costs.html#OAPFM2356231
NEW QUESTION # 84
Which two are the workflows in Project Financial Management?
- A. Asset Line Generation
- B. Capital Interest Calculation
- C. Expenditure Item Adjustment
- D. Burden Cost Recalculation
- E. Project Status Change
Answer: C
Explanation:
The workflows in Project Financial Management are business processes that automate the approval and notification tasks for various project transactions and events. Two of the workflows in Project Financial Management are:
Project Status Change: This workflow manages the approval and notification tasks for changing the status of a project or task from one value to another. For example, when a project or task is submitted for approval, this workflow routes the request to the appropriate approvers and notifies them of the action required.
Expenditure Item Adjustment: This workflow manages the approval and notification tasks for adjusting expenditure items that have been charged to a project or task. For example, when an expenditure item is adjusted by a project manager or a cost accountant, this workflow routes the adjustment to the appropriate approvers and notifies them of the action required. Capital Interest Calculation, Burden Cost Recalculation, and Asset Line Generation are not workflows in Project Financial Management, but processes that perform various calculations and transactions for project costs and assets. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-financial-management.html#OAPFM2356161
NEW QUESTION # 85
......
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