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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q97-Q102):

NEW QUESTION # 97
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. Post
B. Hold
C. New
D. Posted

Answer: B

Explanation:
If the Require Complete Asset Definition option is enabled on a project type, the "Transfer Assets to Oracle Fusion Assets" process will place asset lines with complete definition into the Hold queue in Oracle Fusion Assets. This queue holds the asset lines that require manual review and approval before they can be posted to the asset register. Asset lines with incomplete definition will be placed into the Error queue in Oracle Fusion Assets. This queue holds the asset lines that have errors or missing information that need to be corrected before they can be transferred to the Hold queue. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-assets.html#OAPFM2356041

NEW QUESTION # 98
You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error. Identify two reasons for this problem.
Response:

A. Pending burden summarization items have not been processed.
B. Unaccounted transactions are not imported.
C. The corresponding Oracle Payables Cloud accounting period has not been closed.
D. Unaccounted transactions have not been swept to the next period.
E. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.

Answer: A,D

NEW QUESTION # 99
Which application generates external roles to grant both function and data security?
(Choose the best answer.)
Response:

A. Business Process Manager
B. Authorization Policy Manager
C. Functional Setup Manager
D. Oracle Identity Manager

Answer: D

NEW QUESTION # 100
Which component of performance measures allows you to select the method that is used to measure accounts such as budget, forecast, and actual?

A. Time Member
B. Scenario Member
C. Accounts Member
D. Category Member

Answer: C

Explanation:
The Accounts Member component of performance measures allows you to select the method that is used to measure accounts such as budget, forecast, and actual. The Accounts Member component defines the account dimension member for the performance measure, which represents the financial data that is measured. You can also specify the aggregation rule and calculation method for the account dimension member. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-performance-reporting.html#OAPFM2356081

NEW QUESTION # 101
Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. (Choose two)

A. Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
B. Use the predefined Bell Curve spread with small deviations on the spread points.
C. Use the predefined S-Curve spread with small deviations on the spread points.
D. Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.

Answer: B

Explanation:
To handle a custom spread on budgets and forecasts, you can either create a new spread curve or edit an existing one to match the desired spread points. Then, you can attach the spread curve to a project template or a resource class, depending on whether you want to apply it to all projects using that template or all transactions using that resource class. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/define-project-budgets-and-forecasts.html#OAPFM2355819

NEW QUESTION # 102
......

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