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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Project Costing | 20% | - Configure cost collection, allocations, burdening - Set up budgetary controls and cost controls - Integrate with Time and Labor |
| Topic 2: Project Management Cloud Overview and Common Configuration | 15% | - Manage security, roles, duties and user experience - Set up calendars, periods, rate schedules, transaction sources - Configure enterprise settings, reference data sharing - Describe architecture and components |
| Topic 3: Resource Management | 10% | - Configure enterprise resource setup - Manage resource allocation and utilization |
| Topic 4: Project Billing and Revenue Management | 20% | - Manage contract billing and revenue accounting - Configure cross-charging, transfer pricing - Set up revenue recognition and invoicing |
| Topic 5: Program Management and Reporting | 10% | - Set up programs and hierarchies - Configure project performance reporting and KPIs |
| Topic 6: Functional Setup Manager and Implementation | 10% | - Configure and manage implementation projects - Use Rapid Implementation Workbook |
| Topic 7: Project Planning, Control and Forecasting | 15% | - Define project budgets and forecasts - Set up project controls and performance tracking - Manage project schedules and progress |
Question 1
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 Raw Cost and calculation method must be Basis Only.
B. Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
C. A document entry such as straight time must be enabled for cross-charge transactions.
D. Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
Question 2
Your organization wants to capture the project details for work order labor and equipment resource transactions as part of a project-driven supply chain solution.
Which expenditure type class is recommended for the expenditure types that need to be defined for these type of transactions?
A. Usages
B. Work In Process
C. Supplier Invoice
D. Inventory
Question 3
Which three features are part of Oracle Fusion Functional Setup Manager?
A. export and import services for setup data migration between environments
B. modifying an existing implementation project task list by selecting more functional areas when needed
C. guided task list for end-to-end setup requirements
D. feature opt-in for a best fit configuration
E. updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
Question 4
As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter.
What is the reason for this problem?
A. You can enable automatic reprocessing of expenditure items processed before the burden schedule change.
B. Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier cannot be reprocessed.
C. All expenditure items charged to the task use the new burden schedule.
D. Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
Question 5
Where should you specify the Default Capitalized Interest Rate Schedule?
A. Manage Expenditure Type page
B. Manage Project Type page
C. Manage Project Plan Type page
D. Manage Capitalized Interest Rates page
E. Manage Capitalized Interest Rate Schedules page
Solutions:
| Question 1 Answer: A | Question 2 Answer: C | Question 3 Answer: A | Question 4 Answer: C | Question 5 Answer: C |
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