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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

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


2. After completing setups in a source environment, your customer wants to move the setup data to a target environment. Identify the two statements related to task listscope, which you must consider before taking a decision based on the customer requirement. (Choose two.)

A) Exported setup data can befiltered by specific scope valuesif the business object has scope enabled for the setup data export.
B) A scope value is used to assign users who can perform a task within an implementation project.
C) Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.
D) A task list can besegmented by a scope valueand a task can be performed for each qualifying value of the selected object.


3. Your organization has been awarded a new contract based on which you are allowedto sell:
* Items not tracked in inventory
* Inventory items
* Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

A) Create two contract lines with a line type each of "sell intent, item, project-based' and "subscription, project-based, sell".
B) Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, project-based
C) Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".
D) Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, project-based".


4. You are now the project manager of a newly created implementation project. Which two items arenotpart of managing an implementation project?

A) Monitor the progress of completing setup tasks.
B) Select the offering you want to implement.
C) Enable optional functional areas and features by opting in.
D) Generate a list of setup tasks.
E) Assign tasks to various users who are responsible for managing setup data.


5. Your customerhas different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates willbe populated in such invoices? (Choose two.)

A) Accounting date is the first day of the first open accounting period.
B) Accounting date is the same as the original invoice date.
C) Project accounting date is the first day of the first open project accountingperiod.
D) Project accounting date is the last day of the open project accounting period.
E) Project accounting date is the same as the original invoice date.


Solutions:

Question # 1
Answer: C,D
Question # 2
Answer: A,D
Question # 3
Answer: B
Question # 4
Answer: D,E
Question # 5
Answer: A,E

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