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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. 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) Calendar
B) Accounting Methods
C) Derivation Methods
D) Calculation Methods
E) Currencies

2. You have projects and tasks defined with transaction controls, which does not allow certain types of charges to the project. Your business needs to create invoices in AP with this project every period and hence would like to make the process easier by creating a distribution set. As you create the distribution set, you notice that these distribution set lines are not validated against the project transaction controls and you are allowed to save it without any validation errors. Identify the reason why the project transaction controls are not applied. (Choose the best answer.)

A) There is no expenditure organization information available on the distribution set line.
B) There is no expenditure type information available on the distribution set line.
C) There is no expenditure item date information available on the distribution set line.
D) The account code combination is not available on the distribution set line.

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

4. You are implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-charge transactions happen between business units within the same legal entity. Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.
Identify two setups that can drive this borrowed and lent agreement.

A) Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
B) A document entry such as straight time must be enabled for cross-charge transactions.
C) Transfer price basis must be Raw Cost and calculation method must be Basis Only.
D) Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.

5. Which application generates external roles to grant both function and data security?
(Choose the best answer.)
Response:

A) Functional Setup Manager
B) Business Process Manager
C) Oracle Identity Manager
D) Authorization Policy Manager

Solutions: