Oracle Project Portfolio Management Cloud 2019 Implementation Essentials (1Z0-1057) Free Practice Test

Question 1

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 categories should be assigned to project type.

B. Class codes should be assigned to project unit.

C. Class categories should be assigned to business unit.

D. Class codes should be associated with a related set code.

Correct Answer: A,D

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Question 2

Your customer complains that their project resources do not report their time promptly, which has resulted in incorrect reporting of project performance. What should you do to fix this problem? (Choose the best answer.)

A. Enable track missing time at business unit.

B. Enable track missing time at project template.

C. Enable track missing time at project type.

D. Enable track missing time at project unit.

Correct Answer: D

Question 3

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. ( Choose two.)

A. You used View Tree Version in the action menu.

B. You selected the Edit icon for opening the hierarchy.

C. You used Create Tree Version in the action menu.

D. You opened the hierarchy by clicking the name.

E. You used Create Tree in the action menu.

Correct Answer: B,E

Question 4

Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)

A. Project Contract-based costing

B. Project Contract Collection Center

C. Project Contract-based billing

D. Contract Team Connect

Correct Answer: C

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Question 5

After completing setups in a source environment, your customer wants to move the setup data to a target environment. Identify the two statements related to task list scope, which you must consider before taking a decision based on the customer requirement. (Choose two.)

A. Exported setup data can be filtered by specific scope values if the business object has scope enabled for the setup data export.

B. Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.

C. A scope value is used to assign users who can perform a task within an implementation project.

D. A task list can be segmented by a scope value and a task can be performed for each qualifying value of the selected object.

Correct Answer: A,D

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Question 6

Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)

A. If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.

B. If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.

C. If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.

D. If the "Allow resource changes at project level" option is set to for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.

Correct Answer: D

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Question 7

Your business user has created a purchase order (PO) that has the following attributes:
Accrue at Receipt = Yes
Matching Option = 2 way
Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the "Import and Process Cost transactions" ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as "Oracle Payables". The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)

A. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.

B. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.

C. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.

D. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.

Correct Answer: A,D

Question 8

What are three configuration items that you need to set up by using the Project Organizations functional area in Project Financial Management configurations? (Choose three.)

A. Manage Project Organization Classifications

B. Mange Business Unit

C. Manage Project Unit Options

D. Manage Project Unit Organizations

E. Mange Project Types

Correct Answer: A,C,D

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Question 9

Select two correct statements about project classifications on a template. (Choose two.)

A. Project Classification is a mandatory field on a project template.

B. When a project is created from a template, the required project classifications must be entered.

C. Project class category in a project classification must be associated with a Set Code.

D. Set Code is not required for a project class category in a project classification.

Correct Answer: B,D

Question 10

Your customer has the following setups on the project plan type that they are using for their projects:
Use Task Planned Dates as Task Assignment Dates = Yes
Automatically Roll Up Task Planned Dates = Yes
Synchronize Task Transaction Dates with Planned Dates = No
With these setups in place, you perform the following actions:
1. Create a new subtask (Sub Task 1) with a start date of 15-Jun-2016 on the project that has as start date of
01-Jul-2016.
2. Create another new subtask (Sub Task 2) after the previous action is saved.
What would the correct behavior of the application be after these actions? (Choose the best answer.)

A. After the creation of Sub Task 1, Project Start Date would remain unchanged as 01-Jul-2016 and Sub Task 2 would be created with 15-Jun-2016.

B. After the creation and saving of Sub Task 1, Task Start Date would be changed to 01-Jul-2016 and Sub Task 2 would be created with 01-Jul-2016.

C. After the creation of Sub Task 1, Project Start Date would be changed to 15-Jun-2016 and Sub Task 2 would be created with 15-Jun-2016.

D. Project Start Date would remain unchanged as 01-Jul-2016 for both actions but the start dates on both subtasks would remain 15-Jun-2016.

Correct Answer: C

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Oracle Project Portfolio Management Cloud 2019 Implementation Essentials (1Z0-1057) Free Practice Test