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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q18-Q23):

NEW QUESTION # 18
You have been hired as a project manager for implementing the Project Financial Management and Project Execution Management offering by an organization. The Chief Information Officer of the deploying organization has requested you to explain the benefits of using the implementation project-based approach over the functional area-based approach.
Which two are the main benefits of using the implementation projects within Functional Setup Manager?

  • A. Implementation Project helps you to monitor progress of the setup tasks.
  • B. Implementation Project gives you the flexibility to set up different functional areas of the offering at different times.
  • C. Implementation Project helps in assigning responsibility of managing setup data to a broad group of users.
  • D. Implementation Project helps you to use the manage setup data entry in bulk option.

Answer: C

Explanation:
Some of the main benefits of using the implementation projects within Functional Setup Manager are:
Implementation Project helps in assigning responsibility of managing setup data to a broad group of users. You can assign tasks to different users who are responsible for entering and validating setup data for different functional areas of the offering.
Implementation Project helps you to monitor progress of the setup tasks. You can track the status and completion percentage of each task and view the dependencies and prerequisites among tasks. Implementation Project does not give you the flexibility to set up different functional areas of the offering at different times, as this is determined by the configuration package that you select for your implementation. Implementation Project does not help you to use the manage setup data entry in bulk option, as this is a separate feature that allows you to import and export setup data across instances using spreadsheets. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/implement-project-financial-management-applications.html#OAPFM2356051


NEW QUESTION # 19
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.

  • A. For the three conditions that have the same process order value of 10, the records are processed in ascending alphabetic order based on the condition name.
  • B. 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.
  • C. 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.
  • D. 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.

Answer: A

Explanation:
Topic - FAQs for Define Project Enterprise Labor Resources
What,s the processing order of project enterprise labor resource maintenance conditions?
Records are processed by the Maintain Project Enterprise Labor Resources process in ascending order based on the process order value that you specify on the Create Condition page. For example, assume that an HCM person is included in a condition with a process order value of 1. If a resource doesn,t already exist for that person, then the process creates a resource for the condition with the process order value of 1. The process doesn,t create more than one resource for the same person even if subsequent conditions apply to the person.
If multiple conditions have the same process order value, then records are processed in ascending alphabetic order based on the condition name.


NEW QUESTION # 20
Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)

  • A. Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule
  • B. Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule
  • C. Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule
  • D. Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule
  • E. Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate

Answer: A

Explanation:
Reference https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_8718794B26A7BB93E040D30A688149A3


NEW QUESTION # 21
Your client has decided to import time cards into Project Costing from Oracle Fusion Time and Labor. They have a requirement to make adjustments to time card entries whenever needed.
In which work area will the employees and contingent workers be able to modify their time cards?

  • A. Both Time and Cost
  • B. Cost
  • C. Asset
  • D. Time

Answer: A

Explanation:
The employees and contingent workers will be able to modify their time cards in the Time work area. This work area allows them to enter, review, edit, and submit their time cards for approval. They can also view the status and history of their time cards and make corrections as needed. The Time and Cost work area allows the project managers and cost accountants to review, adjust, and transfer time card transactions to projects and tasks. The Asset work area allows the asset managers and cost accountants to review, adjust, and transfer asset transactions to Oracle Fusion Assets. These work areas are not used by the employees and contingent workers to modify their time cards. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-time-and-labor.html#OAPFM2356221


NEW QUESTION # 22
Which three features are part of Oracle Fusion Functional Setup Manager?

  • A. export and import services for setup data migration between environments
  • B. guided task list for end-to-end setup requirements
  • C. updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
  • D. feature opt-in for a best fit configuration
  • E. modifying an existing implementation project task list by selecting more functional areas when needed

Answer: A

Explanation:
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/oafsm/applications-cloud-using-functional-setup-manager.pdf Functional Setup Manager offers the following:
*Standardized application configuration and setup experience
*Feature opt-in for a best fit configuration
*xible processes for managing setup:
*Setup by functional areas for an adopt-as-you-go approach
*Implementation projects to manage setup
*Upload file to enter setup data in bulk
* Guided task list for end-to-end setup requirements
* Export and import services for setup data migration between environments
* Comprehensive reporting on setup data


NEW QUESTION # 23
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