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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. 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 items whose cost spreads across multiple assets that are capitalized
C) expenditure items whose costs are applied to a single asset or multiple assets
D) expenditure type exclusions on the Capitalized Interest rate schedules
E) expenditure type exclusions on the Capitalized Interest rate name

2. 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) Hold
C) New
D) Post

3. Which two attributes are available while enabling a task as a business object for social networking?

A) Task Number
B) Task
C) Project
D) Project Number
E) Creation Date

4. You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Management with tasks and subtasks applicable to each of the phases of the project: Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works.
Which two are correct statements in this scenario?

A) A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
B) You associate a deliverable with a task independent of associating a requirement with a task.
C) The association of a deliverable with a task is dependent on associating a requirement with a task.
D) A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.

5. You want to create a few project roles so as to restrict access in the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement?

A) Project Accountant - Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
B) Project Team Member - Security based on Project Assignment
C) Project Manager - Security based on Project Assignment
D) Project Billing Specialist - Security based on Contract BU
E) Project Executive - Security based on Project Hierarchy

Solutions: