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Oracle Project Management Cloud 2022 Implementation Professional Sample Questions (Q12-Q17):

NEW QUESTION # 12
While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status. (Choose two.)

  • A. You used Create Tree Version in the action menu.
  • B. You selected the Edit icon for opening the hierarchy.
  • C. You used Create Tree in the action menu.
  • D. You opened the hierarchy by clicking the name.
  • E. You used View Tree Version in the action menu.

Answer: A,C

Explanation:
When you use Create Tree or Create Tree Version in the action menu, you create a new organization tree or a new version of an existing tree, respectively. These actions result in an Inactive status for the organization tree, until you activate it. When you use View Tree Version or select the Edit icon or click the name of the tree, you open an existing organization tree that has an Active status. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-organizations.html#OAPFM2355921

NEW QUESTION # 13
Shift is one of the key elements in defining project and resource calendars.
Which two additional key elements are required to define the project and resource calendars? (Choose two.)

  • A. Workday Patterns
  • B. Time off
  • C. Accounting Calendar
  • D. Expenditure Type
  • E. Schedule Exceptions

Answer: D,E

NEW QUESTION # 14
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. (Choose two.)

  • A. 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.
  • B. 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.
  • 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 Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.

Answer: B,D

Explanation:
Reference https://docs.oracle.com/cloud/farel10/projectcs_gs/OAPEM/OAPEM1461017.htm#OAPEM1313472 Project Labor Demand: How It’s Calculated Project executives want to track the labor demand in projects in their organization. The Project Hierarchy Viewer provides project executives a hierarchical view of the enterprise project structure (EPS) along with the labor demand in terms of full-time equivalent (FTE).
Settings That Affect Project Labor Demand
Project application administrators must do the following to set up how project labor demand is calculated:
Organize projects into hierarchical groups on the Manage Enterprise Project Structure page.
Change the quarterly FTE hours for the organization on the Define Project Management Implementation Options page, if different from 520 hours.
Note: You can choose to view labor demand annually instead of quarterly. The Project Hierarchy Viewer uses the current date to determine which year or quarter to display.
How Project Labor Demand Is Calculated
The Project Hierarchy Viewer calculates project labor demand in the following manner:
Spreads the allocation hours from the Manage Project Resources page evenly over the days that the resources are allocated to the project.
Divides the quarterly project allocation hours by the quarterly FTE hours to get the labor demand.
Rolls up the quarterly and annual labor demand up the hierarchy.

NEW QUESTION # 15
Stigma Consulting wants to implement the program management capability to coordinate and track their strategic programs.
Which three components are required to configure the program options as part of implementing the program management capability? (Choose three.)

  • A. Derivation Methods
  • B. Accounting Methods
  • C. Calculation Methods
  • D. Currencies
  • E. Calendar

Answer: A,B,E

NEW QUESTION # 16
Which four standard objects can you configure to include business specific attributes by using Application Composer for Project Execution Management? (Choose four.)

  • A. Project Gates
  • B. Project Resource Assignment
  • C. Project Deliverables
  • D. Project Issues
  • E. Project Milestones
  • F. Project Resource Request

Answer: A,C,D,E

Explanation:
Application Composer is a tool that allows you to configure standard objects or create custom objects to include business specific attributes for Project Execution Management. Four of the standard objects that you can configure using Application Composer are:
Project Gates: These are checkpoints that mark the completion of a phase or stage in a project lifecycle.
Project Issues: These are problems or risks that affect the progress or outcome of a project.
Project Milestones: These are significant events or achievements that indicate the status or completion of a project or task.
Project Deliverables: These are products or services that are produced or provided as part of a project or task. Project Resource Request and Project Resource Assignment are not standard objects that you can configure using Application Composer. These are features that allow you to request and assign resources for projects and tasks based on various criteria such as availability, qualifications, preferences, etc. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-execution.html#OAPFM2356201

NEW QUESTION # 17
……

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