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| Section | Weight | Objectives |
|---|---|---|
| Project Billing and Revenue Management | 20% | - Set up revenue recognition and invoicing - Manage contract billing and revenue accounting - Configure cross-charging, transfer pricing |
| Resource Management | 10% | - Configure enterprise resource setup - Manage resource allocation and utilization |
| Project Costing | 20% | - Configure cost collection, allocations, burdening - Integrate with Time and Labor - Set up budgetary controls and cost controls |
| Functional Setup Manager and Implementation | 10% | - Use Rapid Implementation Workbook - Configure and manage implementation projects |
| Project Planning, Control and Forecasting | 15% | - Define project budgets and forecasts - Manage project schedules and progress - Set up project controls and performance tracking |
| Program Management and Reporting | 10% | - Configure project performance reporting and KPIs - Set up programs and hierarchies |
| Project Management Cloud Overview and Common Configuration | 15% | - Configure enterprise settings, reference data sharing - Describe architecture and components - Set up calendars, periods, rate schedules, transaction sources - Manage security, roles, duties and user experience |
1. Your customer wants to perform billing based on the Percent Spent invoice method. Identify two setups that are required in project contracts for calculating invoice amounts as per their requirement.
A) expenditure items
B) billing controls
C) bill plan
D) billing events
E) invoice method
2. Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS.
Identify two correct statements about the periodic project labor demand.
Response:
A) Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
B) Labor Demand FTE is calculated as Quaterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
C) Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
D) Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
3. Which application would you use to map application roles to external roles? (Choose the best answer.)
A) Security Console
B) BPM Work List
C) Oracle Identify Manager
D) Authorization Policy Manager
4. When setting up capitalization options on a project type, you have decided to enable the Require Complete Asset Definition option. If this option is enabled, the "Transfer Assets to Oracle Fusion Assets" process will place asset lines with complete definition into which queue in Oracle Fusion Assets?
A) Posted
B) Post
C) Hold
D) New
5. Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)
A) Project Contract Collection Center
B) Project Contract-based costing
C) Contract Team Connect
D) Project Contract-based billing
Solutions:
| Question # 1 Answer: E | Question # 2 Answer: B,D | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: B |
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