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| Section | Objectives |
|---|---|
| Project Financial Management | - Costing and budgeting
|
| Integration and Extensions | - Integration with Oracle Cloud ERP
|
| Project Management Cloud Fundamentals | - Overview of Oracle Project Management Cloud
|
| Project Execution and Control | - Project monitoring and reporting
|
| Implementation and Configuration | - Setup and configuration of project management structures
|
1. 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 70
B) USD 120
C) USD 184
D) USD 134
2. Your customer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement.
(Choose the best answer.)
A) Journal Rules
B) Accounting Rule
C) Mapping Sets
D) Accounting Method
E) Supporting References
3. Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)
A) Project Contract-based costing
B) Project Contract-based billing
C) Contract Team Connect
D) Project Contract Collection Center
4. Stigma Consulting wants to implement the program management capability to coordinate and track their strategic programs.
Which three components are required to configure the program options as part of implementing the program management capability? (Choose three.)
A) Derivation Methods
B) Calculation Methods
C) Calendar
D) Accounting Methods
E) Currencies
5. 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 One Project Unit
B) Define One Business Unit and Two Project Units
C) Define One Business Unit and Three Project Units
D) Define Two Business Units and Two Project Units
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: E | Question # 3 Answer: B | Question # 4 Answer: A,B,C | Question # 5 Answer: B |
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