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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q17-Q22):

NEW QUESTION # 17
Which product offering enables you to collaboratively plan and deliver projects by leveraging intuitive and integrated scheduling tools?

A. Resource Management
B. Project Management
C. Project Costing
D. Project Control

Answer: B

Explanation:
Project Management is the product offering that enables you to collaboratively plan and deliver projects by leveraging intuitive and integrated scheduling tools. Project Management allows you to create and manage project plans, tasks, deliverables, issues, milestones, gates, etc. using various methods and sources. You can also monitor and control project progress and performance using dashboards and reports. Resource Management is the product offering that enables you to optimize the utilization and allocation of resources for projects and tasks. Resource Management allows you to create and manage resource requests, assignments, pools, calendars, etc. using various criteria and sources. You can also monitor and analyze resource availability and demand using dashboards and reports. Project Control is the product offering that enables you to simplify the planning, budgeting, and forecasting capabilities for projects and tasks. Project Control allows you to create and manage project budgets, forecasts, financial plans, etc. using various methods and sources. You can also monitor and control project costs and variances using dashboards and reports. Project Costing is the product offering that enables you to capture and process project costs from various sources and applications. Project Costing allows you to create and manage project transactions, expenditures, assets, etc. using various rules and options. You can also generate project costing and accounting entries using dashboards and reports. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/overview-project-financial-management.html#OAPFM2356301

NEW QUESTION # 18
Where should you specify the Default Capitalized Interest Rate Schedule?

A. Manage Project Plan Type page
B. Manage Expenditure Type page
C. Manage Capitalized Interest Rates page
D. Manage Capitalized Interest Rate Schedules page
E. Manage Project Type page

Answer: A

Explanation:
The Default Capitalized Interest Rate Schedule should be specified on the Manage Project Type page. This option allows you to select a capitalized interest rate schedule that will be used as the default for projects or tasks that use the project type. A capitalized interest rate schedule defines the interest rates and dates that are used to calculate the capitalized interest amount for a project or task. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-costs.html#OAPFM2356101

NEW QUESTION # 19
You are set up as a Follower in Manage Tasks. Which two abilities can you accomplish?

A. Receive email notifications about changes that team members make to a task.
B. Enter progress for tasks.
C. Edit task details.
D. View task details and the task activity stream.

Answer: A

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/execute-project-tasks-and-deliverables.html#OAPEM1122082 Followers are persons who aren,t working on the task but have an interest in reviewing the task progress. Only the resources and other followers can add followers to a task. If a resource assigns the task to another team member, the application automatically changes the original resource to a follower.
What,s the difference between my tasks and tasks that I follow?
You can edit task details and enter progress for your tasks on the Manage Tasks page. If a task has multiple resources, only the primary resource can edit the task.
When you follow a task, you can view the task details and see the task activity stream. You receive e-mail notifications of changes that team members make to the task.
If a resource reassigns the task to another team member, then the previous resource automatically becomes a follower.

NEW QUESTION # 20
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.
Response:

A. Exported setup data can be filtered by specific scope values if the business object has scope enabled for the setup data export.
B. A task list can be segmented by a scope value and a task can be performed for each qualifying value of the selected object.
C. A scope value is used to assign users who can perform a task within an implementation project.
D. Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.

Answer: B,C

NEW QUESTION # 21
Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management.

A. resource
B. expenditure item
C. project plan type
D. project
E. project classification

Answer: D

Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPJF/OAPJF1121937.htm#OAPJF1121937

NEW QUESTION # 22
......

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