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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You want to create a few project roles so as to restrict access in 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 Manager - Security based on Project Assignment
B) Project Team Member - Security based on Project Assignment
C) Project Billing Specialist - Security based on Contract BU
D) Project Accountant - Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
E) Project Executive - Security based on Project Hierarchy

2. Which setup option is common to both financial and project plan types?

A) Enable the use of a workflow for managing budget or forecasting status changes.
B) Identify whether the plan type is the default selection when you create budget or forecast versions.
C) Manage the options for creating control budgets in Oracle Fusion Budgetary Control.
D) Enable the entry of plan amounts in currencies other than the project currency.

3. Identify the attribute of a project type that determines if expenditure items are billable, and the amount type to be used as the basis for transfer pricing. (Choose the best answer.)

A) event type
B) cost type
C) work type
D) expenditure type

4. When implementing Project Performance Reporting, your customer has the following requirements:
Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.
As long as a project cost is less than the threshold, the project should be shown as on-track.
Which threshold level rule is ideal for this kind of KPI definition? (Choose the best answer.)

A) multiple threshold level value
B) multiple threshold levels
C) single threshold level value
D) single threshold level range

5. Which two are the workflows in Project Financial Management?

A) Burden Cost Recalculation
B) Expenditure Item Adjustment
C) Asset Line Generation
D) Capital Interest Calculation
E) Project Status Change

Solutions: