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NEW QUESTION 26
Which product offering simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud?

  • A. Enterprise Contract Management
  • B. Project Billing
  • C. Project Costing
  • D. Project Control

Answer: D

 

NEW QUESTION 27
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? (Choose two.)

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

Answer: A,D

 

NEW QUESTION 28
Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these class categories and codes.
Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)

  • A. Class codes should be associated with a related set code.
  • B. Class categories should be assigned to business unit.
  • C. Class categories should be assigned to project type.
  • D. Class codes should be assigned to project unit.

Answer: A,C

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapfm/project-foundation-configuration-manage-project-types.html#OAPFM360164 Topic – Associating Project Types and Class Categories: Examples Project classifications group your projects according to categories and codes that you define. When you associate project classifications with project types, the classification is available for selection on projects with that project type.
Use any of the following methods to associate class categories with project types:
Add a classification to the project type definition
For each classification that you associate with the project type, you can enable the Assign to All Projects option to automatically add the classification to the project definition for all new projects with the project type. When this option is enabled, all projects with this project type must be assigned a class code for the class category.
Add a project type to the class category definition
Enable the Assign to all Project Types option on the class category definition

 

NEW QUESTION 29
Your customer has a requirement to allow adjustment and reversals for transactions imported from an external expense entry system.
Which section on the Manage Project Transaction Sources page will allow you to enable these options?

  • A. Documents
  • B. Document Entries
  • C. Transaction Source
  • D. Transaction Entries

Answer: C

 

NEW QUESTION 30
Your customer wants a project start date to cascade to the project tasks but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this. (Choose the best answer.)

  • A. Cascade change to the start date and the finish date.
  • B. Cascade change to the finish date.
  • C. Do not cascade date changes.
  • D. Cascade change to the start date.

Answer: D

Explanation:
Reference https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-control-configuration-manage-financial-and-project-plan-types.html#OAPFM79055 Topic – Project Date Cascade Options Use the Cascade option choice list to determine whether your changes to project dates cascade to tasks.
Use the Basic Information region on the Edit Project Template page to select one of the following options:
Do not cascade project date changes to tasks: Both start and finish dates are editable. However, you must ensure the following:
The project start date is not later than the earliest task date.
The project finish date is not earlier than the latest task date.
Cascade project start date change to affected tasks: You can edit only the project start date.
Cascade project finish date change to affected tasks: You can edit only the project finish date.
Do not cascade project date changes to tasks is the default value. You must select the cascade option each time you change the project dates, as your selection isn’t saved for future date changes.
If you select to roll up planned dates for tasks or are using an external application for scheduling, then you can’t modify the project start or finish dates.

 

NEW QUESTION 31
……

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