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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

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

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

2. You create a project schedulewith a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)

A) Exceptions
B) Workday Patterns
C) Time Off
D) Expenditure Type
E) Accounting Calendar

3. You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Portfolio Management with tasks and subtasks applicable to each of the phases of the project:
Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want todefine deliverables for your project requirementsthat are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works. Identify the two correct statements in this respect. (Choose two.)

A) The association of a deliverable with a task is dependent on associating a requirement with a task.
B) A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
C) Youassociate a deliverable with a task, independent of associating a requirement with a task.
D) A deliverable associated with a requirement is automatically associated with the tasks createdfor that requirement.

4. You recently made some changes to a project contract and the current status of the contract is Under Amendment. Identify the correct sequence of activities that can take place on that contract. (Choose the best answer.)

A) On Hold > Pending Approval > Active
B) Pending Acceptance > Pending Approval > Active
C) Pending Approval > Pending Acceptance > Active
D) OnHold > Pending Acceptance > Active

5. Which two statements are true about the cross-charge method, Borrowed and Lent?

A) You must set up the contract business unit to use this method.
B) This method creates accounting entries that move an amount equal to the transfer price between theprovider and receiver organizations within a legal entity.
C) Costs or revenue are shared based on transfer price rules with this method.
D) This method creates a formal internal invoice.

Solutions: