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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitment for $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)

A) 1000
B) 600
C) 800
D) 900

2. Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management.

A) resource
B) project classification
C) project plan type
D) expenditure item
E) project

3. 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 Three Project Units
C) Define Two Business Units and Two Project Units
D) Define One Business Unit and Two Project Units

4. Your customer has a requirement to allow adjustment and reversals for transactions imported from an external expense entry system.
Which section on the Manage Project Transaction Sources page will allow you to enable these options?

A) Document Entries
B) Transaction Source
C) Documents
D) Transaction Entries

5. Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certain number of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)

A) project time validation rules
B) time audit rules
C) time calculation rules
D) time entry rules

Solutions: