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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You want to create a few project roles so as to restrict access in the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement?

A) Project Executive - Security based on Project Hierarchy
B) Project Billing Specialist - Security based on Contract BU
C) Project Manager - Security based on Project Assignment
D) Project Team Member - Security based on Project Assignment
E) Project Accountant - Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue

2. 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.

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) Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
E) Unaccounted transactions have not been swept to the next period.

3. Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

A) Position
B) Flexfield
C) Job
D) Dynamic
E) Static

4. As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create and update resources based on changes in HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers. (Choose the best answer.)

A) Person Type
B) Jobs
C) attributes that the project enterprise resources are assigned after creation
D) Pool Membership

5. Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets based on the construction-in-process cost of each asset. Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement. (Choose the best answer.)

A) Standard Unit Cost
B) Estimated Cost
C) Current Cost
D) Spread Evenly
E) Actual Unit

Solutions: