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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. 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) single threshold level value
B) single threshold level range
C) multiple threshold levels
D) multiple threshold level value

2. A consulting services company is currently working on a business transformation project for your client that spans over 10 months. The total contract amount is 250000 USD. They have generated a revenue of 25000 USD and an Invoice of 10000 USD at the end of the first period.
The accounting entry for revenue is:
and accounting entry for invoice is:

What will be the accounting entry when you reclassify the billing offset balances in the first period?

A) Dr Accounts Receivables 10000 -
B) Dr Unbilled Receivables 10000 -
C) Dr Deferred Revenue 10000 -
D) Dr Accounts Receivables 10000 -

3. 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 list scope, which you must consider before taking a decision based on the customer requirement.
Response:

A) A task list can be segmented by a scope value and a task can be performed for each qualifying value of the selected object.
B) Exported setup data can be filtered by specific scope values if the business object has scope enabled for the setup data export.
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 scope value is used to assign users who can perform a task within an implementation project.

4. Which two statements are true about a project in "Draft" status?

A) Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.
B) Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
C) Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.
D) Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.

5. Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accounting close cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)

A) S-Curve
B) Bell Curve
C) Daily Spread Basis
D) Even
E) Back Loaded

Solutions: