Oracle 1Z0-466 Online Practice Questions and Exam Preparation

Oracle 1Z0-466 Online Questions & Answers

• Question 51:

  According to the recommended training for this exam, when does the Project Manager assume responsibility for the project profitability?

  A. When the Project Manager accepts it during the transaction from sales to delivery
  B. Never
  C. At the start of the sales cycle
  D. When the client requests it
  D. When the client requests it

• Question 52:

  Which is a recommended starting point when building a project workplan?

  A. OUM Implement Core Workflow
  B. OUM Implement full work breakdown structure
  C. The OUM Inception Phase work breakdown structure
  D. The work products identified from the scope of work
  A. OUM Implement Core Workflow

  ---

  In OUM, this principle is extended to refer to the execution of the method processes themselves. Project managers and practitioners are encouraged to scale OUM to be fit-for- purpose for a given situation. It is rarely appropriate to execute

  every activity within OUM. OUM provides guidance for determining the core set of activities to be executed, the level of detail targeted in those activities and their associated tasks, and the frequency and type of end user deliverables. The

  project workplan should be developed from this core. The plan should then be scaled up, rather than tailored down, to the level of discipline appropriate to the identified risks and requirements.

  Note:

  *To develop our Project Workplan, we have several options. We can employ a top-down approach and start with all of OUM and tailor it down. We can employ a bottom-up approach and start with the Core Workflow and build up from there.

  The best approach is probably to start with the workplan that most closely matches our engagement and tailor up and down. That is, immediately tailor down to a pre-tailored Workplan and continue to tailor from there based onthe

  requirements of the engagement, while simultaneously keeping in mind the Core Workflow and building up from there.

  *tailoring of the actual OUM Project Workplan for your project for activities and tasks (tailoring steps 2.0 through 5.2) including tips for applying a bottom-up as well as a top-down technique for tailoring the Project Workplan.

  For our example, we are starting with the OUM Project Workplan that is located in the Method Resources section of the Key Components of most view pages. In OUM 5.6, a new Project Workplan template was introduced with pre-tailoring

  capability for most Implement views.

• Question 53:

  Which is true about planning in OUM?

  A. The project workplan must be developed from the full OUM work breakdown schedule.
  B. The project workplan should be scaled up, rather than tailored down, to the level of discipline appropriate be the identified risks and requirements.
  C. The project workplan should be scaled down, rather than tailored up, to the level of discipline appropriate to the identified risks and requirements.
  D. The project workplan should be rigorously conformed to an existing set of work products.
  B. The project workplan should be scaled up, rather than tailored down, to the level of discipline appropriate be the identified risks and requirements.

  ---

  In OUM, this principle is extended to refer to the execution of the method processes themselves. Project managers and practitioners are encouraged to scale OUM to be fit-for- purpose for a given situation. It is rarely appropriate to execute

  every activity within OUM. OUM provides guidance for determining the core set of activities to be executed, the level of detail targeted in those activities and their associated tasks, and the frequency and type of end user deliverables. The

  project workplan should be developed from this core. The plan should then be scaled up, rather than tailored down, to the level of discipline appropriate to the identified risks and requirements.

  Note:

  *To develop our Project Workplan, we have several options. We can employ a top-down approach and start with all of OUM and tailor it down. We can employ a bottom-up approach and start with the Core Workflow and build up from there.

  The best approach is probably to start with the workplan that most closely matches our engagement and tailor up and down. That is, immediately tailor down to a pre-tailored Workplan and continue to tailor from there based on the

  requirements of the engagement, while simultaneously keeping in mind the Core Workflow and building up from there.

  *tailoring of the actual OUM Project Workplan for your project for activities and tasks (tailoring steps 2.0 through 5.2) including tips for applying a bottom-up as well as a top-down technique for tailoring the Project Workplan.

  For our example, we are starting with the OUM Project Workplan that is located in the Method Resources section of the Key Components of most view pages. In OUM 5.6, a new Project Workplan template was introduced with pre-tailoring

  capability for most Implement views.

• Question 54:

  Which two statements are true about the Change Control Board (CCB)?

  A. It meets daily during Project Execution and Control.
  B. It is an internal project organization that is responsible for reviewing and resolving change requests.
  C. It is a person, group, or business that has a shared interest in a particular set of activities.
  D. It escalates changes affecting scope to the steering committee.
  B. It is an internal project organization that is responsible for reviewing and resolving change requests.
  D. It escalates changes affecting scope to the steering committee.

  ---

  B:CCB is a review committee that discusses and approves requests for changes to On Demand customer system configurations. The change requests are fulfilled in the following ways:

  A work guideline is generated by engineering for operations to use and implement.

  The changes are included in Oracle Certified Configurations.

  D:A Steering Committee is a group of high-level stakeholders who are responsible for providing guidance on overall strategic direction. They do not take the place of a Sponsor, but help to spread the strategic input and buy-in to a larger portion of the organization. The Steering Committee is usually made up of organizational peers and is a combination of direct clients and indirect stakeholders. Some members on the Steering Committee may also sit on the Change Control Board.

• Question 55:

  What is not true about planning in OUM?

  A. OUM has been developed with the intent that the approach for a given project be built up from a core set of activities.
  B. Projects should be tailored down from the full OUM work breakdown structures.
  C. OUM takes an iterative and incremental approach to planning a project.
  D. Tasks within OUM are considered place holders for work.
  D. Tasks within OUM are considered place holders for work.

  ---

  Incorrect:

  Not A:OUM is designed to support a broad range of project types. As such, it must be flexible andscalable. The appropriate point of balance for a given project will vary based on a number of project risk and scale factors. The method has

  been developed with the intent that the approach for a given project be "built up" from a core set of activities to implement an appropriate level of discipline, rather than "tailored down".

  Not B:OUM facilitates improved control of project expenses by using a flexible work breakdown structure that allows you to perform only necessary tasks.

  Not C:OUM recognizes the advantages of an iterative and incremental approach to development and

  deployment of information systems. Any of the tasks within OUM may be iterated. Whether or not to iterate, as well as the number of iterations, varies. Tasks may be iterated to increase quality of the work products to a desired level, to add

  sufficient level of detail, or to refine and expand the work products on the basis of user feedback.

• Question 56:

  Which term means executing the systematic quality activities to determine if the quality processes are being followed and whether they are satisfying the project quality needs?

  A. Quality Planning
  B. Quality Control
  C. Quality Assurance
  D. Process Improvement
  B. Quality Control

• Question 57:

  Which Oracle Unified Method phase includes Bid Transition?

  A. Project Start Up
  B. Project Closure
  C. Project Executing and Control
  D. Financial Management
  A. Project Start Up

• Question 58:

  Select three objectives of the OUM Envision phase.

  A. Staff the project.
  B. Provide the vision for one or more projects in order to achieve a focused set of business objectives.
  C. Identify areas of project risk and develop mitigation strategies.
  D. Establish or bolster broad set of enterprise IT processes that are to be continued.
  E. Configure an application.
  F. Define an enterprise "strategy" on such topics as Governance, Business Intelligence, or Business Process Improvements prior to an OUM project that supports implementation specific technology in these areas.
  B. Provide the vision for one or more projects in order to achieve a focused set of business objectives.
  D. Establish or bolster broad set of enterprise IT processes that are to be continued.
  F. Define an enterprise "strategy" on such topics as Governance, Business Intelligence, or Business Process Improvements prior to an OUM project that supports implementation specific technology in these areas.

  ---

  Note: The Envision focus area is organized into six processes: Envision Roadmap Enterprise Business Analysis Organizational Change Management Enterprise Architecture IT Portfolio Management Governance The Envision focus area extends OUM's capabilities beyond implementation and management of ITprojects into the realm of vision and strategy. It is not likely that all of Envision's processes and taskswill be executed within any single enterprise, nor is it likely that Envision will ever contain anexhaustive set of enterprise level processes. Rather, Envision should serve as a framework that can bescaled to suit the needs of a particular enterprise.

• Question 59:

  What involvement is a critical success factor in reviewing the project scope and approach and determining the Project Management Framework?

  A. Client
  B. Sales
  C. Delivery
  D. Consulting
  E. Steering Committee
  F. Stakeholders
  F. Stakeholders

  ---

  Note:

  All people and organizations that have an interest in the project or its outcome are called project stakeholders. The stakeholders provide input to the requirements of the project and the direction the project should take throughout its life cycle.

  The list of stakeholders can be large and can change as the project matures. One of the first requirements to properly manage a project is the creation of a key stakeholder list. Be very careful to include all key stakeholders. Many projects

  have been derailed due to the political fallout of excluding a key stakeholder. Every potential stakeholder cannot be included in all aspects of a project, so it is important to identify the stakeholders who represent all stakeholders.

• Question 60:

  What work product, created by the Project Manager and the client, details the approach to the project at a high level?

  A. ProjectManagement Framework
  B. Project Implementation Framework
  C. Project Resource Framework
  D. Project Work Framework
  E. Project Management WBS
  E. Project Management WBS

  ---

  Activities allow the project manager to streamline creation and management of the Work BreakdownStructure (WBS) for an engagement.

  Note:

  *Project managers use OUM to make sure they and their stakeholders develop a shared understanding of what is needed, choose an appropriate architecture, and transfer the ownership of the end-product to the stakeholders.