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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types. Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)

A) Create a revenue method classification with a revenue method of Percent Complete.
B) Create a revenue method with a revenue method classification of Rate Based.
C) Create a revenue method with a revenue method classification of Amount Based.
D) Create a revenue method classification with a revenue method of Percent Spent.

2. 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) Currencies
B) Calendar
C) Calculation Methods
D) Derivation Methods
E) Accounting Methods

3. Which precedence order is used by the system for labor schedules to distribute payroll cost?

A) Assignment > Assignment Element > Element
B) Assignment Element > Element > Assignment
C) Assignment > Element > Assignment Element
D) Element > Assignment Element > Assignment

4. 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.

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

5. Green House Corporation has decided to enable the budgetary control feature for their projects. At which two levels will they be able to enter the amounts in the budget versions for these projects?

A) Expenditure Category
B) Project
C) Expenditure Type
D) Task
E) Top resource

Solutions: