Oracle 1Z0-466 Online Practice Questions and Exam Preparation

Oracle 1Z0-466 Online Questions & Answers

• Question 71:

  What project documentation is billable?

  A. only what was negotiated by the sales team and the Project Manager
  B. time sheets, status reports, and the approved project plan
  C. only what the Project Manager decides
  D. only what the sales team determines
  A. only what was negotiated by the sales team and the Project Manager

• Question 72:

  Which three variables are used with Earned Value?

  A. EV - Earned Value
  B. PV - Planned Value
  C. AC - Actual Cost
  D. PC - Planned Cost
  E. EC - Earned Cost
  F. AC - Accounting Cost
  A. EV - Earned Value
  B. PV - Planned Value
  C. AC - Actual Cost

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  EV -earned value, estimated value of work done. PV -planned value, estimated value of planned work AC -actual cost, what you paid

• Question 73:

  What must the project manager determine when scaling the Manage Focus Area to the project?

  A. Which of the 13 OUM Manage processes should be eliminated or expanded
  B. How to reduce the quality of the project deliverables.
  C. Which work products should be expanded, reduced, or consolidated based upon the scope, objectives, approach, and risks of the project.
  D. Which two products should be expanded, reduced, or consolidated based upon the project scope and customer preferences.
  A. Which of the 13 OUM Manage processes should be eliminated or expanded

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  The Manage focus areais organized into 13 processes.

  Collectively, these processes form a comprehensive set of tasks required to manage Oracle- based

  development and implementation projects. Every project includes most, if not all, of these processes,whether they are the responsibility of a consulting organization, a client organization, or a third party.

  Bid Transition

  Scope Management

  Financial Management

  Work Management

  Risk Management

  Issue and Problem Management

  Staff Management

  Communication Management

  Quality Management

  Configuration Management

  Infrastructure Management

  Procurement Management

  Organizational Change Management

• Question 74:

  Which of the five Principles of OUM is described as the development or implementation of a software system done incremently through reception of a series of tasks intended to first define the system broadly, at high level, and then refine the definition of the system by adding details in subsequent iterations?

  A. Business Process and Use Case-Driven
  B. Architecture-Centric
  C. Iterative and Incremental
  D. Risk-Focused
  E. Flexible and Scalable
  C. Iterative and Incremental

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  Note: Iterative and Incremental 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 75:

  For our purposes, what is the most important work product produced by the project manager as prescribed by OUM Manage?

  A. Project management Plan
  B. Project Resource Plan
  C. Project Estimate
  D. Project Budget
  E. Project Bid
  A. Project management Plan

• Question 76:

  According to the recommended training for this exam, when does the Project Manager assume responsibility for the commitments made during the sale cycle?

  A. During the Risk Management process
  B. At the start of the sales cycle
  C. At the transaction from sales to delivery
  D. During the Project Closure phase
  C. At the transaction from sales to delivery

• Question 77:

  Select three benefits of using the OUM Manage Focus Area on an implementation.

  A. It manages acceptance of work products.
  B. It focuses on accurate estimating.
  C. It supports improved communication.
  D. The client creates and produces project plans that drive the project.
  E. It encourages early client involvement.
  F. It allows for quicker project durations.
  A. It manages acceptance of work products.
  C. It supports improved communication.
  E. It encourages early client involvement.

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  /The Manage focus area provides a framework in which all types of projects can be planned, estimated,controlled, and completed in a consistent manner. Oracle's Project Management Method (PJM) is partof the Manage focus area.

  Consistency is required in today's business environment, where projectsoften implement packages, develop application extensions, and create a data warehouse in order tosatisfy a business need.

  Project management enables the project manager to manage delivery of an agreed upon level of solution quality while planning for and controlling the scope, cost, and schedule.

  The Manage focus area has three phases:

  *Project Start Up Phase

  *Project Execution and Control Phase

  *Project Closure Phase

  /Collectively, the processes listed below form a comprehensive set of tasks required to manage Oracle-based development and implementation projects. Every project includes most, if not all, of these processes, whether they are the responsibility of a consulting organization, a client organization, or a third party.

  The Manage focus area is organized into 13 processes: Bid Transition Scope Management Financial Management (A)Work Management Risk Management Issue and Problem Management Staff Management (C)Communication Management Quality Management Configuration Management Infrastructure Management Procurement Management Organizational Change Management

  /OUM Manage Focus Area

  

• Question 78:

  What is not an activity in the OUM Manage Project Closure Phase?

  A. Contract Closure
  B. Release Staff
  C. Close Scope Management
  D. Close User Acceptance Test
  E. Close Work Management
  B. Release Staff

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  The Project Closure phase occurs after the Production phase. During this phase, the project is

  "closed"(not A)from an administrative and contractual standpoint. This includes making sure that the projectwork(not E)products are complete and meet the customer's expectations(not D); gaining final acceptance; andsecuring all documents

  for reuse, collection and retention.

  Note:

  The Manage focus area is organized into 13 processes:

  

  Bid Transition

  

  Scope Management

  

  Financial Management

  

  Work Management

  

  Risk Management

  

  Issue and Problem Management

  

  Staff Management

  

  Communication Management

  

  Quality Management

  

  Configuration Management

  

  Infrastructure Management

  

  Procurement Management

  

  Organizational Change Management

  Collectively, these processes form a comprehensive set of tasks required to manage Oracle- based

  development and implementation projects. Every project includes most, if not all, of these processes, whether they are the responsibility of a consulting organization, a client organization, or a third party.

• Question 79:

  Select the three major activities in the Project Start Up phase.

  A. Develop Staff Plan and Budget
  B. Manage Project Quality
  C. Validate Scope, Stakeholders, and OCM Strategy
  D. Review Bid and Contract
  E. Establish Estimate
  F. Develop DetailProject Plan
  A. Develop Staff Plan and Budget
  C. Validate Scope, Stakeholders, and OCM Strategy
  D. Review Bid and Contract

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  *The Project Start Up phase precedes the Inception phase. Project startup is where all of the projectplanning activities take place and where policies, procedures, and strategies are defined for each of theprocesses, which govern the conduct of the engagement.

  *In OUM Manage, one of the first activities that occur during the Project Startup phase involves the Project Manager and the client (Project Sponsor) jointly creating the Project Management Framework. This framework establishes the ground rules for the project and is the first step in communicating, establishing trust, and setting expectations.

  The key focus for the remainder of the Project Startup Phase is to evolve the Project Management Framework into a detailed Project Management Plan based on the agreed upon foundation. In prior versions of OUM Manage, the equivalent work product was named the "Terms of Reference". Literally, this was the work product referenced to sort out problems when future misunderstandings occurred.

  Incorrect: Not B Not F

• Question 80:

  What is true about Organizational Change management in OUM Manage?

  A. Understanding how the clients deals with change is critical to driving user acceptance.
  B. It involves only the end-user community.
  C. It increases the risk of organizational disruptions.
  D. New technology will overcome people's resistance.
  A. Understanding how the clients deals with change is critical to driving user acceptance.

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  The Organizational Change Management process starts at the strategic level with executives and thenidentifies the particular human and organizational challenges of the technology implementation inorder to design a systematic, time-sensitive, and cost-effective approach to lowering risk that is tailoredto each organization's specific needs. In addition to increasing user adoption rates, carefully planningfor and managing change in this way allows organizations to maintain productivity through oftendifficulttechnological transitions. This in turn enables the organization to more easily meet deadlines,realize business objectives, and maximize return on investment