NEW QUESTION 1
You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)

• A. Allocate rental costs once each accounting period by using the “full” allocation method.
• B. Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
• C. Define allocation basis by using Actual Amounts with a project-to-date amount class.
• D. Define allocation basis by using Actual Amounts with a period-to-date amount class.
• E. Allocate rental costs once each accounting period by using the “spread evenly” allocation method.

Answer: ABD

NEW QUESTION 2
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.
Which three are parameters that are based on which the system identifies the new resources?

• A. Department
• B. Project Unit
• C. Jobs
• D. Business Unit
• E. Organization

Answer: CDE

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/fapfm/implementing-project-execution

NEW QUESTION 3
You recently made some changes to a project contract and the current status of the contract is Under Amendment. Identify the correct sequence of activities that can take place on that contract. (Choose the best answer.)

• A. On Hold > Pending Acceptance > Active
• B. On Hold > Pending Approval > Active
• C. Pending Approval > Pending Acceptance > Active
• D. Pending Acceptance > Pending Approval > Active

Answer: C

Explanation:
Reference https://docs.oracle.com/cloud/latest/common/FASCC/FASCC1124283.htm Topic - Contract Actions and Status Changes: Explained

NEW QUESTION 4
Which three file-based data imports are available for use in Oracle Project Portfolio Management Cloud?

• A. Project Budgets
• B. Project Tasks
• C. Project Billing Events
• D. Project Templates

Answer: ABC

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oefpp/toc.htm

NEW QUESTION 5
Your customer wants to perform billing based on the Percent Spent invoice method. Identify two setups that are required in project contracts for calculating invoice amounts as per their requirement. (Choose two.)

• A. billing events
• B. bill plan
• C. expenditure items
• D. billing controls
• E. invoice method

Answer: BD

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjb/create-customer-contract.html#O
Bill Plan – Create a bill plan within a contract that uses the invoice method you require. Assign the bill plan to one or more contract lines. A set of instructions on a contract that define how to invoice a customer. Multiple contract lines on a contract can use the same or different bill plans. Invoice Method is used in creating Bill Plan – not a separate setup.
Billing Controls – Contract feature that controls the types of transactions, dates, and amounts a customer may be invoiced for and revenue can be recognized for a contract or contract line. Define billing controls at the contract or contract line level.

NEW QUESTION 6
Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2021.
Identify how the project hierarchy viewer displays labor demand information. (Choose the best answer.)

• A. The current period start date is used for calculating labor demand for the current year.
• B. The current date is used for calculating labor demand for the current year.
• C. The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
• D. The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015.

Answer: B

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/analyze-project-management-pe

NEW QUESTION 7
Which application generates external roles to grant both function and data security? (Choose the best answer.)

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

Answer: B

Explanation:
Authorization Policy Manager (APM)
APM greatly simplifies the creation, configuration, and administration of application policies
APM does not support the management of users and external roles; these artifacts can only be viewed with the tool. Their provision and management is typically accomplished using Oracle Identity Manager
Oracle Identity Manager (OIM)
In regard to enterprise users and external roles, Authorization Policy Manager provides viewing and searching functionality only. To manage users and external roles, use Oracle Identity Manager or some other identity management tool.
OIM provision users, roles, and defines what a user can do in Oracle Cloud Duty Roles are mapped to jobs and assigned access privileges (Data Security)

NEW QUESTION 8
You are now the project manager of a newly created implementation project. Which two items are not part of managing an implementation project?

• A. Assign tasks to various users who are responsible for managing setup data.
• B. Monitor the progress of completing setup tasks.
• C. Select the offering you want to implement.
• D. Generate a list of setup tasks.
• E. Enable optional functional areas and features by opting in.

Answer: AD

NEW QUESTION 9
You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)

• A. Exceptions
• B. Accounting Calendar
• C. Workday Patterns
• D. Time Off
• E. Expenditure Type

Answer: AC

Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1192914.htm

NEW QUESTION 10
Identify the three contract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)

• A. Expenditure Type
• B. Projects
• C. Contract Line
• D. Contract Header
• E. Task

Answer: BCE

Explanation:
Reference https://docs.oracle.com/cloud/farel9/projectcs_gs/FAUAR/F1537947AN10251.htm

NEW QUESTION 11
Your customer has implemented Oracle Project Portfolio Management Cloud recently and they have hired new employees for their Professions Services business. These employees are set up in Oracle Human Capital Management Cloud, but the Project Administrators are unable to add them as resources in the Planning Resource Breakdown Structure.
What are three conditions for new employees to show up in the list? (Choose three.)

• A. Current date is before the effective date of the resource, and you did not enable the “Include people with future-dated effective start dates” option during the search.
• B. All new employees created as persons must have an active supervisor.
• C. All new employees created as persons must be assigned to a department.
• D. All new employees created as persons must have an active assignment.
• E. All new employees created as persons must have an active project role.

Answer: ACD

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-foundation-configuratio
Why can't I find persons in the list of resources when I enter team members, planning resources, or person rate schedules?
You can't find persons in the list of resources when you enter team members, planning resources, or person rate schedules in the following situations:
The administrator didn't assign a department while creating users. Persons must have an active assignment and be assigned to a department in Oracle Fusion Human Capital Management before they can be added as team members or entered as resources on the planning resource breakdown structure or person rate schedule.
The resource isn't active in Oracle Fusion Human Capital Management because the current date is before the effective date of the resource. If you want to include persons who will start in the future, select the Include people with future-dated effective start dates option when you search for the person.
Persons assigned as project managers aren't active as of the project start date.
The assignment of the person is terminated, and an appropriate value isn't set for the number of days to display people with terminated assignments. You can set the profile value appropriately at the site profile level using the Specify Number of Days to Display People with Terminated Assignments task in the Setup and Maintenance work area.

NEW QUESTION 12
Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation? (Choose two.)

• A. Manage Project Plan Resource Assignment
• B. Transfer Project
• C. View Project Progress
• D. Allocate Project Expense

Answer: AC

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjm/index.html#_Toc468200732_1_

NEW QUESTION 13
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. Actual Unit
• C. Current Cost
• D. Estimated Cost
• E. Spread Evenly

Answer: C

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapfm/project-foundation-configuratio

NEW QUESTION 14
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: AC

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapfm/project-foundation-configuratio

NEW QUESTION 15
Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.
Which reference data sharing method would you set up to meet the customer requirement? (Choose the best answer.)

• A. assignment to one set only with common values
• B. assignment to one set only; no common values allowed
• C. assignment to multiple sets; common values allowed
• D. assignment to multiple sets; no common values allowed

Answer: D

Explanation:
Reference
https://docs.oracle.com/en/cloud/saas/applications-common/19b/facia/define-enterprise-structures.html#FACIA4
Reference Data Sharing Methods
Variations exist in the methods used to share data in reference data sets across different types of objects. The following list identifies the methods:
Assignment to one set only, no common values allowed. This method is the simplest form of sharing
reference data that allows assigning a reference data object instance to one and only one set. For example, Asset Prorate Conventions are defined and assigned to only one reference data set. This set can be shared across multiple asset books, but all the values are contained only in this one set.
Assignment to one set only, with common values. This method is the most commonly used method of sharing reference data that allows defining reference data object instance across all sets. For example, Receivables Transaction Types are assigned to a common set that is available to all the business units. You need not explicitly assign the transaction types to each business unit. In addition, you can assign a business unit-specific set of transaction types. At transaction entry, the list of values for transaction types includes the following:
Transaction types from the set assigned to the business unit.
Transaction types assigned to the common set that is shared across all business units.
Assignment to multiple sets, no common values allowed. The method of sharing reference data that allows a reference data object instance to be assigned to multiple sets. For instance, Payables Payment Terms use this method. It means that each payment term can be assigned to one or more than one set. For example, you assign the payment term Net 30 to several sets but assign Net 15 to a set specific only to your business unit. At transaction entry, the list of values for payment terms consists of only the set that is assigned to the transaction's business unit.
Note: Oracle Fusion Applications contains a reference data set called Enterprise. Define any reference data that affects your entire enterprise in this set. Also update the data set going forward as you create new reference data items.

NEW QUESTION 16
Your organization has been awarded a new contract based on which you are allowed to sell:
Items not tracked in inventory
Inventory items
Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

• A. Create two contract lines with a line type each of “free-form, project-based buy agreement” and “bundle sell, project-based”.
• B. Create two contract lines with a line type each of “sell intent, free-form, project-based” and “sell intent, item, project-based”.
• C. Create two contract lines with a line type each of “product, project-based, sell agreement, standalone” and “sell intent, item, project-based”.
• D. Create two contract lines with a line type each of “sell intent, item, project-based’ and “subscription, project-based, sell”.

Answer: B

NEW QUESTION 17
You have projects and tasks defined with transaction controls, which does not allow certain types of charges to the project. Your business needs to create invoices in AP with this project every period and hence would like to make the process easier by creating a distribution set. As you create the distribution set, you notice that these distribution set lines are not validated against the project transaction controls and you are allowed to save it without any validation errors. Identify the reason why the project transaction controls are not applied. (Choose the best answer.)

• A. There is no expenditure type information available on the distribution set line.
• B. There is no expenditure organization information available on the distribution set line.
• C. There is no expenditure item date information available on the distribution set line.
• D. The account code combination is not available on the distribution set line.

Answer: C

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/18c/oapfm/project-costing-configuration-de
How can I validate distribution sets for projects information?
Oracle Fusion Projects performs validations on Oracle Fusion Payables distribution sets for payables invoices at the time you create the actual distribution set lines. It validates the project and task number during the invoice validation.
Distribution sets are typically used on recurring transactions, and the associated project does not have transaction controls. When you create a distribution set in Oracle Fusion Payables, the distribution set line is not validated against the project transaction controls in Oracle Fusion Projects because you do not enter an expenditure item date, which is required for transaction control validation. The expenditure item date is not provided because you use the distribution sets for an indefinite period of time.

NEW QUESTION 18
Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statements about the periodic project labor demand. (Choose two.)

• A. Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if aquarter is used as the basis for viewing labor demand.
• B. Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
• C. Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
• D. Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.

Answer: AB

Explanation:
Reference https://docs.oracle.com/cloud/farel10/projectcs_gs/OAPEM/OAPEM1461017.htm#OAPEM1313472
Project Labor Demand: How It's Calculated
Project executives want to track the labor demand in projects in their organization. The Project Hierarchy Viewer provides project executives a hierarchical view of the enterprise project structure (EPS) along with the labor demand in terms of full-time equivalent (FTE).
Settings That Affect Project Labor Demand
Project application administrators must do the following to set up how project labor demand is calculated: Organize projects into hierarchical groups on the Manage Enterprise Project Structure page.
Change the quarterly FTE hours for the organization on the Define Project Management Implementation Options page, if different from 520 hours.
Note: You can choose to view labor demand annually instead of quarterly. The Project Hierarchy Viewer uses the current date to determine which year or quarter to display.
How Project Labor Demand Is Calculated
The Project Hierarchy Viewer calculates project labor demand in the following manner:
Spreads the allocation hours from the Manage Project Resources page evenly over the days that the resources are allocated to the project.
Divides the quarterly project allocation hours by the quarterly FTE hours to get the labor demand.
Rolls up the quarterly and annual labor demand up the hierarchy.

NEW QUESTION 19
You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in Microsoft Projects. Identify three conditions that must be met for exporting milestone tasks. ( Choose three.)

• A. only one labor resource assignment with 100 effort
• B. lowest-level tasks set up with non-zero duration
• C. lowest-level tasks set up with zero duration
• D. only one labor resource assignment with 0 effort
• E. percent work complete values of 0 or 100 percent

Answer: CDE

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapex/define-project-management-conf

NEW QUESTION 20
Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)

• A. Effort
• B. Cost
• C. Manual Entry
• D. Remaining Plan

Answer: B

Explanation:
Reference https://ppm-help.saas.hpe.com/en/9.42/Help/Content/UG/PjMUG/view_pj_cost_data_costtab.htm Below is an example of the Financial Summary view on the Cost tab of the Project Overview page. https://admhelp.microfocus.com/ppm/en/9.42/Help/Content/UG/PjMUG/images/ProjectOverviewPage_CostTab

NEW QUESTION 21
You configure one OTBI using Project Cross Subject Area Analysis Real Time. You notice that all measures (Budget, Forecast, Cost, Commitments, Revenue, and Invoice) are not available for Bill-To-Customer and Contract and Contract Line dimensions. Identify the reason for this behavior. (Choose the best answer.)

• A. The Bill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract Line dimensions do not apply to Revenue and Invoice measures.
• B. The Bill-To-Customer dimension applies only to Revenue and Invoice measures.
• C. The Contract and Contract Line dimensions apply only to Invoice measures.
• D. The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures.
• E. The Bill-To-Customer dimension does not apply to Invoice measures, but the Contract and Contract Line dimensions apply only to Revenue and Invoice measures.

Answer: D

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/faopm/subjectareas.html#Projects_ Analyze real-time information on project performance, including budgets, forecasts, costs, commitments,
revenue, and invoices.
This subject area analysis allows cross subject area analysis between Funding, Invoices, Revenue, Budget, forecasts, Costs areas.

NEW QUESTION 22
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