Oracle Project Portfolio Management Cloud 2018 Implementation Essentials - 1Z1-1008 Exam Practice Test
You have projects and tasks defined with transaction controls, which does not allow certain types of charges to the project. Your business needs to create invoices in AP with this project every period and hence would like to make the process easier by creating a distribution set. As you create the distribution set, you notice that thesedistribution set lines are not validated against the project transaction controlsand you are allowed to save it without any validation errors.Identify the why the project transaction controls are not applied. ( Choose the best answer.)
Correct Answer: A
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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. (Choose two.)
Identify two setups that can drive this borrowed and lent agreement. (Choose two.)
Correct Answer: B,C
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Which three features are part of Oracle Fusion Functional Setup Manager?
Correct Answer: B,C,E
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You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Portfolio 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 todefine deliverables for your project requirementsthat are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works.Identify the two correct statements in this respect. (Choose two
Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want todefine deliverables for your project requirementsthat are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works.Identify the two correct statements in this respect. (Choose two
Correct Answer: B,D
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You search for resources to fulfill a project resource request but are unable to proceed after receiving the following error message: "The search for resources cannot be completed because the project resource search index is not available. Contact your help desk." Identify the cause for this error message. (Choose the best answer.)
Correct Answer: D
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Which two statements describe how the Resource Qualification Score is calculated?
Correct Answer: B,C
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Identify thethreecontract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)
Correct Answer: A,D,E
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After completing setups in a source environment, your customer wants to move the setup data to a target environment. Identify the two statements related to task list scope, which you must consider before taking a decision based on the customer requirement. (Choose two.)
Correct Answer: A,C
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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? (Choose the best answer.)
Correct Answer: B
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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
Correct Answer: A,B,C
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