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| Section | Objectives |
|---|---|
| Project Foundation Configuration | - Project setup and classification
|
| Project Billing Configuration | - Billing setup and revenue management
|
| Project Management Cloud Overview | - Key functionalities and navigation
|
| Project Costing Configuration | - Cost management and controls
|
| Project Resource Management | - Resource planning and assignment
|
1. You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
Associated Project 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 134
B) USD 70
C) USD 184
D) USD 120
2. Which three Cost Collection Flexfield core attributes can be derived during import if not explicitly entered in a transaction document?
(Choose three.)
A) Billable Flag
B) Expenditure Type
C) Work Type
D) Funding Source
E) Capitalizable Flag
3. Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.
Which reference data sharing method would you set up to meet the customer requirement? (Choose the best answer.)
A) assignment to one set only; no common values allowed
B) assignment to multiple sets; common values allowed
C) assignment to one set only with common values
D) assignment to multiple sets; no common values allowed
4. Your client is involved in automation control systems installation.
Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a I O spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. (Choose two}
A) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
B) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.
C) Use the predefined Beli Curve spread with small deviations on the spread points.
D) Use the predefined S-Curve spread with small deviations on the spread points.
5. Which two attributes are available while enabling a task as a business object for social networking?
A) Task
B) Project
C) Task Number
D) Project Number
E) Creation Date
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,B,E | Question # 3 Answer: D | Question # 4 Answer: A,B | Question # 5 Answer: A,B |
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