Latest Oracle Project Portfolio Management Cloud 1Z0-1008 Exam questions and answers PDF

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1Z0-1008Q&As Oracle Project Portfolio Management Cloud 2018 Implementation Essentials

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QUESTION 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 Budgeter 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. A. USD 184 B. USD 70 C. USD 120 D. USD 134 Correct Answer: D

QUESTION 2 Your organization has been awarded a new contract based on which you are allowed to sell: Items not tracked in inventory Inventory items Services Which contract structure would fulfill your requirement of item sales? A. Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, projectbased". B. Create two contract lines with a line type each of "sell intent, item, project-based" and "subscription, project-based, sell". C. Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based". D. Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, projectbased". Correct Answer: D Reference: http://www.oracle.com/technetwork/fusion-apps/suppliercontracts-1578366.pdf (p.174)

QUESTION 3 You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in Microsoft Projects. Identify three conditions that must be met for exporting milestone tasks.

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A. only one labor resource assignment with 0 effort B. lowest-level tasks set up with zero duration C. lowest-level tasks set up with non-zero duration D. percent work complete values of 0 or 100 percent E. only one labor resource assignment with 100 effort Correct Answer: ABD Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEX/OAPEX1082602.htm#OAPEX2161139

QUESTION 4 Which three setups can be configured by using Rapid Implementation for Project Financial Management Applications? A. Project Templates B. Project Types C. Departments D. Expenditure Types Correct Answer: ABD Reference: https://docs.oracle.com/cloud/farel12/projectcs_gs/OAPFM/OAPFM2264569.htm#OAPFM2159921

QUESTION 5 Your customer wants a team member who is assigned to a project to be able to create and submit a forecast, but not to be able to approve the forecast. What is the default project role that you should assign to the person in the project to meet this requirement? A. Project Accountant B. Project Administrator C. Project Manager D. Project Application Administrator Correct Answer: C

QUESTION 6 Which four standard objects can you configure to include business specific attributes by using Application Composer for

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Project Execution Management? A. Backlog Items B. Project Issues C. Project Change Orders D. Project Deliverables E. Project Resource Request F. Project Milestones Correct Answer: ABDE Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/18b/oapex/define-common-projectexecution-options.html#OAPEX3079890

QUESTION 7 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. Which three are parameters that are based on which the system identifies the new resources? A. Department B. Organization C. Business Unit D. Project Unit E. Jobs Correct Answer: BCE

QUESTION 8 Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016. Identify how the project hierarchy viewer displays labor demand information. A. The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.

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B. The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015. C. The current period start date is used for calculating labor demand for the current year. D. The current date is used for calculating labor demand for the current year. Correct Answer: B

QUESTION 9 Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? A. Remaining Plan B. Effort C. Manual Entry D. Cost Correct Answer: D Reference: https://ppm-help.saas.hpe.com/en/9.42/Help/Content/UG/PjMUG/view_pj_cost_data_costtab.htm

QUESTION 10 You have defined two expenditure types but they are not available for selection when you enter an expenditure batch. Identify the reason for this problem. A. The two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed. B. The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed. C. The two expenditure types are not assigned to the reference data set that is assigned to the project unit in which the transaction is performed. D. The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed. Correct Answer: D

QUESTION 11

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Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these class categories and codes. Identify two setups that are mandatory for these class categories and codes to be displayed. A. Class codes should be assigned to project unit. B. Class categories should be assigned to business unit. C. Class codes should be associated with a related set code. D. Class categories should be assigned to project type. Correct Answer: AD

QUESTION 12 Which three are valid password complexity criteria while setting up password policies? A. Very Complex: At least 8 characters, 1 uppercase, 1 number, and 2 special characters B. Very Complex: At least 6 characters, 1 uppercase, 1 number, and 1 special character C. Very Complex: At least 8 characters, 1 uppercase, 1 number, and 1 special character D. Simple: At least 8 characters and 1 number E. Complex: At least 8 characters, 1 uppercase, and 1 number Correct Answer: CDE

QUESTION 13 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 Rate Schedule. B. Transfer price basis must be Raw Cost and calculation method must be Basis Only. 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. Correct Answer: CD

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