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Oracle Project Portfolio Management Cloud 2018 Implementation Essentials: https://education.oracle.com/oracle-project-portfolio-management-cloud-2018-implementation-essentials/pexam_1Z0-1008

Oracle Project Portfolio Management Cloud 1z0-1008 Online Exam Practice Questions

QUESTION 1
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?
A. All new employees created as persons must have an active project role.
B. All new employees created as persons must have an active supervisor.
C. All new employees created as persons must have an active assignment.
D. All new employees created as persons must be assigned to a department.
E. 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.
Correct Answer: ACE


QUESTION 2
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?
A. 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.
B. 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.
C. 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.
D. 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.
Correct Answer: A


QUESTION 3
You are implementing Project Portfolio Management for a global professional services organization. In their Consulting
Services line of business, it is common to use resources from different business units based on the skills required.
Therefore, cross-charge transactions happen between business units within the same legal entity. Transfer price
calculations need to be based on raw costs, with no further adjustments to transfer price.
Identify two setups that can drive this borrowed and lent agreement.
A. Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
B. Transfer price basis must be Raw Cost and calculation method must be Basis Only.
C. A document entry such as straight time must be enabled for cross-charge transactions.
D. Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
Correct Answer: CD


QUESTION 4
Your customer has separate organizations to maintain indirect, capital, and billing types of projects.
Identify the two setups that can be used to fulfill this requirement.
A. Business Unit
B. Organization Tree
C. Project Type
D. Project Organization Classification
E. Project Accounting Business Function
Correct Answer: BD
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1225328.htm

 

QUESTION 5
Which four standard objects can you configure to include business specific attributes by using Application Composer for
Project Execution Management?
A. Backlog Items
B. Project Issues
C. Project Change Orders
D. Project Deliverables
E. Project Resource Request
F. Project Milestones
Correct Answer: ABDE
Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/18b/oapex/define-common-project-execution-options.html#OAPEX3079890

 

QUESTION 6
You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for a billable
expenditure item and active contract, the process completes successfully but without any billing, and does not provide
any error logs. The program\\’s processing summary is as follows: Billing Event Errors 0 Ineligible Contracts 0
Successful Billing Events Created 0 Ineligible Contract Lines 0 Billing Transaction Exception Warnings 0 Ineligible
Associated Projects 0 Draft Invoice Exception Errors 0 Ineligible Events 0 Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior?
A. Amount Based
B. Percent Complete
C. Rate Based
D. As Incurred
Correct Answer: A
Reference: https://docs.oracle.com/cd/E51367_01/projectop_gs/OAPJB/F1087458AN139C2.htm

 

QUESTION 7
Which two statements describe how the Resource Qualification Score is calculated?
A. An individual\\’s score is 100% if the resource request has a qualification, but no proficiency is specified and the
resource has the qualification.
B. An individual\\’s score is 100% if the resource request has a qualification with a specified proficiency and the
resource has the qualification that meets the specified proficiency.
C. An individual\\’s score is 100% if the resource request has a qualification with a specified proficiency and the
resource does not have the qualification.
D. An individual\\’s score is 100% if the resource request has a qualification with a specified proficiency and the
resource has the qualification with a proficiency that is lower or higher than specified.
Correct Answer: BD

 

QUESTION 8
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. Organization
C. Business Unit
D. Project Unit
E. Jobs
Correct Answer: BCE


QUESTION 9
In a Project Draft Invoice preview, quantity (hours) and unit price (bill rate) are shown as fields on the invoice. Quantity
and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred
or created in Receivables, the invoice detail has a quantity of 1, and a unit price equal to the line total. The detailed Unit
Price/Quantity does not come through on the Receivables invoice.
Which statement is correct about details in the Receivables invoice?
A. The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.
B. The project sends only the invoice header to Receivables, not the invoice line description and distributions.
C. The project sends the invoice line description and the invoice distributions to Receivables. But not the invoice
header.
D. The project sends only the invoice header and invoice line description to Receivables, not the invoice distributions.
Correct Answer: A

QUESTION 10
Which setup option is common to both financial and project plan types?
A. Manage the options for creating control budgets in Budgetary Control.
B. Enable the use of a workflow for managing budget or forecasting status changes.
C. Identify whether the plan type is the default selection when you create budget or forecast versions.
D. Enable the entry of plan amounts in currencies other than the project currency.
Correct Answer: A

 

QUESTION 11
You search for resources to fulfill a project resource request but are unable to proceed after receiving the following error
message: “The search for resources cannot be completed because the project resource search index is not available.
Contact your help desk.” Identify the cause for this error message.
A. The index has been built.
B. The most recent update of the index finished successfully.
C. The index is not in the process.
D. The index is in the process of being updated.
Correct Answer: C


QUESTION 12
Which five steps are required for the File-Based Data Import Integration option?
A. Run Process to transfer data to interface tables.
B. Upload the file to the server.
C. Populate the spreadsheet with data and generate a CSV file.
D. Download an Excel template.
E. Import data into various applications.
F. Install an Excel add-in.
Correct Answer: ACDEF


QUESTION 13
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.
A. 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.
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 Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used
as the basis for viewing labor demand.
D. Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration id used
as the basis for viewing labor demand.
Correct Answer: CD
Reference: https://docs.oracle.com/cloud/farel10/projectcs_gs/OAPEM/OAPEM1461017.htm#OAPEM1313472

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