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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
1. You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitmentfor $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)
A) 600
B) 800
C) 1000
D) 900
2. In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)
A) common costs on the project/task
B) expenditure type exclusions on the Capitalized Interest rate schedules
C) expenditure items whose costs are applied to a single asset or multiple assets
D) expenditure type exclusions on the Capitalized Interest rate name
E) expenditure items whose cost spreads across multiple assets that are capitalized
3. Identifythethreecontract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three
A) Expenditure Type
B) Task
C) Contract Line
D) Contract Header
E) Projects
4. Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. ( Choose two)
A) Use the predefined Bell Curve spread with small deviations on the spread points.
B) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.
C) Use the predefined S-Curve spread with small deviations on the spread points.
D) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
5. When scheduling the Update Project Performance Data process to run on a periodic basis, whichsummarization method would you select? (
A) Detail
B) Incremental
C) Summary
D) Bulk
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: B,C,E | Question # 4 Answer: A,B | Question # 5 Answer: B |






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