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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)

A) project type
B) project organization
C) project unit
D) project classification

2. In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)

A) expenditure items whose costs are applied to a single asset or multiple assets
B) expenditure type exclusions on the Capitalized Interest rate name
C) common costs on the project/task
D) expenditure items whose cost spreads across multiple assets that are capitalized
E) expenditure type exclusions on the Capitalized Interest rate schedules

3. 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.

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

4. As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter.
What is the reason for this problem?

A) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
B) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier cannot be reprocessed.
C) You can enable automatic reprocessing of expenditure items processed before the burden schedule change.
D) All expenditure items charged to the task use the new burden schedule.

5. 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) Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate
B) Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule
C) Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule
D) Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule
E) Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule

Solutions: