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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)

A) common costs on the project/task
B) expenditure type exclusions on the Capitalized Interest rate name
C) expenditure items whose cost spreads across multiple assets that are capitalized
D) expenditure type exclusions on the Capitalized Interest rate schedules
E) expenditure items whose costs are applied to a single asset or multiple assets

2. Which two statements are true about a project in "Draft" status? (Choose two.)

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

3. You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
AssociatedProject 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

4. Your customer wants a team member who is assigned to a project to beable to create and submit a forecast, butnot to be able to approve the forecast. What is the default project rolethat you should assign to the person in the project to meet this requirement? (Choose the best answer.)

A) Project Accountant
B) Project Manager
C) Project Application Administrator
D) Project Administrator

5. You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created underprojects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem?
(Choose the best answer.)

A) The "Require Task Managers to be Project Team Members" profile option is set to Yes.
B) The "Require Task Managers to be Project Team Members" profile option is set to No.
C) The quality manager belongs to a department that is not associated with the project.
D) The quality manager is not assigned with a supervisor.

Solutions: