Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)

A) If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
B) If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.
C) If the "Allow resource changes at project level" option is set to for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
D) If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.

2. Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)

A) Project Creator Template for Project Organization Security
B) Project Administrator Template forProject Organization Security
C) Project Billing Specialist Template for Project Organization Security
D) Project Manager Template for Project Organization Security
E) Project Accountant Template for Project Organization Security

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

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

4. 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 Raw Cost and calculation method must be Rate Schedule.
B) A document entry such asstraight time must be enabledfor cross-charge transactions.
C) Transfer price basis must beRaw Costand calculation method must beBasis Only.
D) Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.

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

Solutions: