NEW QUESTION 1
You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)

• A. Allocate rental costs once each accounting period by using the “full” allocation method.
• B. Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
• C. Define allocation basis by using Actual Amounts with a project-to-date amount class.
• D. Define allocation basis by using Actual Amounts with a period-to-date amount class.
• E. Allocate rental costs once each accounting period by using the “spread evenly” allocation method.

Answer: ABD

NEW QUESTION 2
As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create and update resources based on changes in HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers. (Choose the best answer.)

• A. Pool Membership
• B. attributes that the project enterprise resources are assigned after creation
• C. Jobs
• D. Person Type

Answer: D

Explanation:
Reference https://docs.oracle.com/cloud/farel8/projectcs_gs/OAPEX/F1082603AN23E61.htm
Manage Project Enterprise Labor Resource Maintenance Conditions
Project Enterprise Labor Resources: How They Are Automatically Created and Maintained
Run the Maintain Project Enterprise Labor Resources process to create resources, remove resource availability for staffing, and maintain the resource search index.
Settings That Affect the Maintain Project Enterprise Labor Resources Process
Create and maintain project enterprise labor resources by defining a set of conditions that specify the employees and contingent workers in Oracle Fusion Human Capital Management (HCM) to create as resources in Oracle Fusion Project Portfolio Management. Define the resource attribute values, such as the resource calendar and primary project role, to assign to the new resources.
The following table lists the criteria that you define for selecting HCM persons to create as project enterprise labor resources.
Selection Criteria Description Person type
Select the HCM person type for the process to use as criteria when selecting HCM persons to create as resources. Available person types are employees, contingent workers, or both employees and contingent workers.
Option to select people based on job
Select this option for the process to create resources for HCM persons with specific jobs.
Caution If you do not select job criteria for this condition, the process will create resources for all eligible people based only on the person type.
Jobs
If you selected the option to select people based on job, then select the jobs for the process to use as HCM person selection criteria.
The following table lists the attributes for which you specify values to assign to resources that are created for the condition.
Resource Attribute Description
Option to manage resource availability and staffing
Select this option for resource managers to manage the availability and project staffing of resources who are created based on the condition. Resources who are managed in Oracle Fusion Project Resource Management are eligible to fulfill project resource requests.
Calendar
Select the resource calendar for resources that are created based on the condition. The resource calendar defines the work schedule for project enterprise labor resources, and includes working days and hours and any exceptions, such as holidays.
Primary project role
Select the primary project role for resources that are created based on the condition. Project roles are maintained in Oracle Fusion Project Management.
Cost rate and currency
Enter the cost rate and currency for resources that are created based on the condition. Bill rate and currency
Enter the bill rate and currency for resources that are created based on the condition.

NEW QUESTION 3
Which five steps are required for the File-Based Data Import Integration option?

• A. Run Process to transfer data to interface tables.
• B. Install an Excel add-in.
• C. Upload the file to the server.
• D. Download an Excel template.
• E. Populate the spreadsheet with data and generate a CSV file.
• F. Import data into various applications.

Answer: ABCDE

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oefpp/overview.html#External_Data_I

NEW QUESTION 4
You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error.
Identify two reasons for this problem. (Choose two.)

• A. The corresponding Oracle Payables Cloud accounting period has not been closed.
• B. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
• C. Pending burden summarization items have not been processed.
• D. Unaccounted transactions are not imported.
• E. Unaccounted transactions have not been swept to the next period.

Answer: BE

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjb/record-accounting-for-project-bil

NEW QUESTION 5
Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)

• A. If the “Allow resource changes at project level” option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.
• B. If the “Allow resource changes at project level” option is set to No for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
• C. If the “Allow resource changes at project level” option is set to Yes for the RBS, the new resources are available automatically at project level.
• D. If the “Allow resource changes at project level” option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.

Answer: B

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/fapfm/implementing-project-financial

NEW QUESTION 6
Which two statements describe how the Resource Qualification Score is calculated?

• A. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource does not have the qualification.
• B. An individual's score is 100% if the resource request has a qualification, but no proficiency is specified, and the resource has the qualification.
• C. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification that meets the specified proficiency.
• D. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification with a proficiency that is lower or higher than specified.

Answer: CD

NEW QUESTION 7
Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

• A. Position
• B. Dynamic
• C. Static
• D. Flexfield
• E. Job

Answer: C

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/applications-common/19b/facia/define-approval-management.html#FACI

NEW QUESTION 8
When implementing Project Performance Reporting, your customer has the following requirements:
Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.
As long as a project cost is less than the threshold, the project should be shown as on-track.
Which threshold level rule is ideal for this kind of KPI definition? (Choose the best answer.)

• A. multiple threshold levels
• B. single threshold level value
• C. single threshold level range
• D. multiple threshold level value

Answer: B

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjs/update-project-performance-data
Performance Status Indicator
Performance status indicators give an immediate picture of the status of a project, such as critical, at risk, and on track. Each distinct icon indicates the status and severity of performance. During KPI definition, you first associate status indicators with performance statuses:
Critical
Severe
At risk
On track
Ahead
You then associate these statuses with threshold levels. When KPI values are generated for a project, each value is compared to the defined thresholds and the corresponding status indicator for the KPI appears on project performance reports.
A status can identify negative performance so that you can take the appropriate actions to prevent or quickly resolve problems. Conversely, a status can identify positive performance to help you track expected or excellent performance.
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/fapfm/implementing-project-financial- Create Key Performance Indicators
Create key performance indicators (KPI) to measure how well your organization performs an operational, tactical, or strategic activity that is critical for the current and future success of the organization.
Note: To create KPIs you must enable a project unit to track key performance indicators.
Use the Threshold Levels section to specify thresholds to indicate the health status of a KPI. Select one of the following options:
Multiple threshold levels
Single threshold level value
Single threshold level range

NEW QUESTION 9
Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types. Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)

• A. Create a revenue method with a revenue method classification of Amount Based.
• B. Create a revenue method with a revenue method classification of Rate Based.
• C. Create a revenue method classification with a revenue method of Percent Spent.
• D. Create a revenue method classification with a revenue method of Percent Complete.

Answer: B

NEW QUESTION 10
Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two.)

• A. project
• B. expenditure item
• C. project classification
• D. project plan type
• E. resource

Answer: AE

Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPJF/OAPJF1121937.htm#OAPJF1121937

NEW QUESTION 11
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 184
• B. USD 120
• C. USD 134
• D. USD 70

Answer: D

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjb/manage-project-contract-revenue
Associated Project Percent Spent Example
The following formula calculates the percent spent revenue for the associated project.
((Sum of ITD Actual Cost for every subtask that is part of the associated task / Sum of Total Budgeted cost for every task that is part of associated task)
x Associated Project Funded Amount) – Sum of Existing Invoice Event Amounts for the Associated Project ((60/300) x 750) – 80 = 70
((Actual Cost / Budgeted Cost) x Budgeted Revenue) – Sum of Revenue Event Amount

NEW QUESTION 12
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 type exclusions on the Capitalized Interest rate schedules
• D. expenditure items whose cost spreads across multiple assets that are capitalized
• E. expenditure items whose costs are applied to a single asset or multiple assets

Answer: E

Explanation:
Reference https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_988B43C997365159E040D30A68813832
https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49622/F1125377AN61D92.htm

NEW QUESTION 13
Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation? (Choose two.)

• A. Manage Project Plan Resource Assignment
• B. Transfer Project
• C. View Project Progress
• D. Allocate Project Expense

Answer: AC

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjm/index.html#_Toc468200732_1_

NEW QUESTION 14
You recently made some changes to a project contract and the current status of the contract is Under Amendment. Identify the correct sequence of activities that can take place on that contract. (Choose the best answer.)

• A. On Hold > Pending Acceptance > Active
• B. On Hold > Pending Approval > Active
• C. Pending Approval > Pending Acceptance > Active
• D. Pending Acceptance > Pending Approval > Active

Answer: C

Explanation:
Reference https://docs.oracle.com/cloud/latest/common/FASCC/FASCC1124283.htm Topic - Contract Actions and Status Changes: Explained

NEW QUESTION 15
Identify three correct statements about the integration of Primavera P6 Enterprise Project Portfolio Management and Oracle Project Portfolio Management Cloud. (Choose three.)

• A. Event completion flows from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
• B. Billing events flow from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
• C. Summarized actual quantity and cost flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
• D. Projects and task definitions flow from Oracle Project Portfolio Management Cloud to Primavera P6Enterprise Project Portfolio Management.
• E. Project plans and progress flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.

Answer: ACD

Explanation:
Ref: https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49622/F1125394AN6D254.htm
Primavera P6 Enterprise Project Portfolio Management and Oracle Fusion Project Portfolio Management: How They Work TogetherUse Oracle Fusion Project Integration Gateway to integrate Oracle Fusion Project Portfolio Management with Primavera P6 Enterprise Project Portfolio Management. The integration enables project accountants, project billing specialists, and executives to centrally perform project costing, billing, accounting, and executive reporting tasks in Oracle Fusion Project Portfolio Management while enabling each project manager to perform detailed project planning and scheduling in Primavera P6 Enterprise Project Portfolio Management.
Oracle Fusion Project Integration Gateway ensures data security, integrity, and efficiency by defining a set framework in which data is exported from and imported into Oracle Fusion Project Portfolio Management.
The following table and diagram provide an overview of the flow of information.
Information Type From Application To Application
Global integration information
Oracle Fusion Project Portfolio Management Primavera P6 Enterprise Project Portfolio Management Projects and task definition
Oracle Fusion Project Portfolio Management Primavera P6 Enterprise Project Portfolio Management Summarized project actual quantity and cost
Oracle Fusion Project Portfolio Management Primavera P6 Enterprise Project Portfolio Management Project plans and progress
Primavera P6 Enterprise Project Portfolio Management
Oracle Fusion Project Portfolio Management Billing events
Oracle Fusion Project Portfolio Management Primavera P6 Enterprise Project Portfolio Management Event completion
Primavera P6 Enterprise Project Portfolio Management Oracle Fusion Project Portfolio Management

NEW QUESTION 16
Your business user has created a purchase order (PO) that has the following attributes: Accrue at Receipt = Yes
Matching Option = 2 way Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the “Import and Process Cost transactions” ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as “Oracle Payables”. The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)

• A. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.
• B. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.
• C. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.
• D. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.

Answer: BC

NEW QUESTION 17
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 10 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 Bell Curve spread with small deviations on the spread points.
• D. Use the predefined S-Curve spread with small deviations on the spread points.

Answer: BC

NEW QUESTION 18
You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for a billable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program’s processing summary is as follows: Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0 Ineligible Contract Lines 0
Billing Transaction Exception Errors 0 Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0 Ineligible Associated Projects 0 Successful Billing Transactions 0 Ineligible Expenditure Items 0
Draft Invoice Exception Errors 0 Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)

• A. Amount Based
• B. Rate Based
• C. As Incurred
• D. Percent Complete

Answer: A

Explanation:
Reference https://docs.oracle.com/cd/E51367_01/projectop_gs/OAPJB/F1087458AN139C2.htm

NEW QUESTION 19
Select two correct statements about project classifications on a template. (Choose two.)

• A. Set Code is not required for a project class category in a project classification.
• B. Project Classification is a mandatory field on a project template.
• C. When a project is created from a template, the required project classifications must be entered.
• D. Project class category in a project classification must be associated with a Set Code.

Answer: AC

NEW QUESTION 20
Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certain number of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)

• A. project time validation rules
• B. time calculation rules
• C. time entry rules
• D. time audit rules

Answer: C

NEW QUESTION 21
Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources page. An HCM person is included in a condition with a process order value of 1 and, additionally, there are three other conditions, all with a process order value of 10. Identify two correct statements about the Maintain Project Enterprise Labor Resources process as it relates to process order values. (Choose two.)

• A. The process creates a resource by using the conditions with a process order value of 10 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
• B. For the three conditions that have the same process order value of 10, the records are processed inascending alphabetic order based on the condition name.
• C. For the three conditions that have the same process order value of 10, the records are processed in ascending numeric order based on the condition name.
• D. The process creates a resource by using the condition with a process order value of 1 but does not create more than one resource for the same person even if subsequent conditions apply to the person.

Answer: BD

NEW QUESTION 22
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