Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocate to various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task. Which allocation basis method would you use to meet this requirement? (Choose the best answer.)
A. spread evenly
B. target percentage and prorate
C. target percentage and spread evenly
D. prorate
Correct Answer: B
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjc/allocate- project-costs.html#OAPJC94831 Spread Evenly The allocation rule divides the source pool amount equally among all the chargeable target tasks included in the rule. This is the most simple and direct basis method. Target Percentage and Spread Evenly Specify the percentage of the source pool that is required to allocate to each target line. The total specified target percentage must always equal 100 percent. The allocation rule calculates the amount to allocate to the target line, and then spreads the results evenly among the chargeable tasks. Prorate The allocation generation uses the attributes defined in the allocation rule to derive the rate at which the source pool amount is apportioned among the target projects and tasks. For this basis method, the allocation rule uses the basis attributes to apportion the source amount among all the tasks defined by the rule. The Prorate basis method provides precise control over how the rule distributes the source pool. Target Percentage and Prorate The allocation rule first uses the target percentage to calculate the amount to allocate to the line, and then apportions the results among all the tasks. The Target Percentage and Prorate basis method provides precise control over how the rule distributes the source pool.
Question 22:
Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)
A. Project Manager Template for Project Organization Security
B. Project Administrator Template for Project Organization Security
C. Project Creator Template for Project Organization Security
D. Project Accountant Template for Project Organization Security
E. Project Billing Specialist Template for Project Organization Security
Ref to "Securing Project Financial Management and Grants Management Applications" Table lists predefined enterprise roles and the type of security that grants the role access to data in a work area or dashboard.
Enterprise Role Work Area or Dashboard Data Security Based On Project Accountant Asset Project business unit
Project Accountant Costs Project expenditure
business unit
Project Accountant Revenue Contract business unit
Project Project Financial Management Project business unit
Administrator Project organization
Project Billing Invoices Contract business unit
Specialist
Project Creator Project Financial Management Project business unit Project organization
Project Manager Project Manager Dashboard Project assignment Project Team Project Financial Management Project assignment Member
Grants Accountant Invoices Contract business unit
Grants Accountant Revenue Contract business unit
Grants Awards Contract business unit
Administrator
Grants Contracts Contract business unit
Administrator
Grants Project Financial Management Project business unit
Administrator
Principal Awards Award assignment
Investigator
Principal Contracts Award assignment
Investigator
Principal Project Financial Management Project assignment
Investigator
Question 23:
Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types. Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)
A. Create a revenue method with a revenue method classification of Amount Based.
B. Create a revenue method with a revenue method classification of Rate Based.
C. Create a revenue method classification with a revenue method of Percent Spent.
D. Create a revenue method classification with a revenue method of Percent Complete.
Correct Answer: B
Question 24:
Your customer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)
A. Calendar Types
B. Project Accounting Periods
C. Accounting Periods
D. PA Calendar
E. PA-GL Periods
Correct Answer: BC
Reference https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_87F467307D50416BE040D30A68816855 Spread curves let you distribute quantity, cost, and revenue amounts automatically across accounting or project accounting periods. You assign a spread curve to each resource class. Planning resources (in the planning resource breakdown structure) inherit the spread curve setting from the associated resource class. You can change the spread curve for the planning resource and for any corresponding task assignments, or budget or forecast lines.
Question 25:
Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accounting close cycle project. The resource is planned to start with 10 days
left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods
based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)
A. Daily Spread Basis
B. Back Loaded
C. Bell Curve
D. S-Curve
E. Even
Correct Answer: A
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapfm/project- control-configuration-manage-spread-curves.html#OAPFM79760 Predefined Spread Curves Name Description Dist. Factors
Even Linear distribution of financial or project plan values across periods. 10-10-10-10- 10-10-10-1010-10 Prorated Linear distribution of financial or project plan values across periods, with an exception of 10-10-10-10- Even the first period and last period in the financial plan. Financial or project plan values for 10-10-10-10- the first period and last period are prorated based on the number of days in the period. 10-10 Back Back-loaded distribution of financial or project plan values across periods. Assigned 0-5-10-15-20- Loaded amounts increase over succeeding periods. 25-30-35-40Front Front-loaded distribution of financial or project plan values across periods. Assigned 45-40-35-30- Loaded amounts decrease over succeeding periods. 25-20-15-10- 5-0 S Curve S-shaped distribution of financial or project plan values across periods. 18-10-8-10- 15-17-18-1715-8 Bell Curve Bell-shaped distribution of financial or project plan values across periods. Assignment of 0-4-10-12-14- plan values is highest in the middle periods. 12-10-4-0-0 Daily Spread is based upon the number of days in each financial period throughout the None Spread duration of the task assignment. Amounts are proportionally distributed throughout all Analysis periods for the duration of the task assignment
Question 26:
When implementing Project Performance Reporting, your customer has the following requirements:
Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.
As long as a project cost is less than the threshold, the project should be shown as on-track. Which threshold level rule is ideal for this kind of KPI definition? (Choose the best answer.)
A. multiple threshold levels
B. single threshold level value
C. single threshold level range
D. multiple threshold level value
Correct Answer: B
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjs/update- project-performance-data-and-generate-kpis.html#OAPJS16654 Performance Status Indicator Performance status indicators give an immediate picture of the status of a project, such as critical, at risk, and on track. Each distinct icon indicates the status and severity of performance. During KPI definition, you first associate status indicators with performance statuses: Critical Severe At risk On track Ahead You then associate these statuses with threshold levels. When KPI values are generated for a project, each value is compared to the defined thresholds and the corresponding status indicator for the KPI appears on project performance reports. A status can identify negative performance so that you can take the appropriate actions to prevent or quickly resolve problems. Conversely, a status can identify positive performance to help you track expected or excellent performance. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/fapfm/implementing- project-financial-management-applications.html#FAPFM975706 Create Key Performance Indicators Create key performance indicators (KPI) to measure how well your organization performs an operational, tactical, or strategic activity that is critical for the current and future success of the organization. Note: To create KPIs you must enable a project unit to track key performance indicators. Use the Threshold Levels section to specify thresholds to indicate the health status of a KPI. Select one of the following options: Multiple threshold levels Single threshold level value Single threshold level range
Question 27:
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
Correct Answer: AC
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio- management/19a/oapjm/index.html#_Toc468200732_1_12 Topic - Privileges - This table lists privileges granted to duties of the abstract role Project Management Duty. Granted Role - Project Plan Management Privilege ?only A and C are listed
Question 28:
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. (Choose two.)
A. Transfer price basis must be Raw Cost and calculation method must be Basis Only.
B. Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
C. A document entry such as straight time must be enabled for cross-charge transactions.
D. Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
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. (Choose the best answer.)
A. The index is not in the process.
B. The index has been built.
C. The index is in the process of being updated.
D. The most recent update of the index finished successfully.
Topic - Submitting the Process to Maintain Project Resource Search Index: Procedure Submit the Maintain Project Resource Search Index job set to update the resources that appear on the Search and Evaluate Resources page when a
resource manager searches for resources to fulfill project resource requests. The job set consists of a set of processes that facilitate efficient and rapid searches for qualified resources.
Resource managers can't search for resources or view resource details if the search index isn't available for a project resource request with qualifications or keywords. For project resource requests without qualifications and keywords,
resource managers can search for and evaluate resources based on resource availability even if the search index isn't current or available. Caution: The search index isn't available if the Maintain Project Resource Search Index job set
process fails, or while the process is running.
Question 30:
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.
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