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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. Stigma consulting has been hired by a client to implement Project Management Cloud. Which role should they assign to a user for using the rapid implementation feature to set up the Project Financial Management offering by populating and uploading a Microsoft Excel workbook?

A) Project Integration Specialist
B) Project Administrator
C) Project Executive
D) Project Application Administrator

2. Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets based on the construction-in-process cost of each asset. Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement. (Choose the best answer.)

A) Estimated Cost
B) Standard Unit Cost
C) Spread Evenly
D) Current Cost
E) Actual Unit

3. Which three tools are available for accessing REST APIs?

A) Web Browser
B) Oracle Transactional Business Intelligence
C) Programming Language
D) cURL

4. You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)

A) Allocate rental costs once each accounting period by using the "spread evenly" allocation method.
B) Define allocation basis by using Actual Amounts with a project-to-date amount class.
C) Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
D) Define allocation basis by using Actual Amounts with a period-to-date amount class.
E) Allocate rental costs once each accounting period by using the "full" allocation method.

5. Your customer wants a team member who is assigned to a project to be able to create and submit a forecast, but not to be able to approve the forecast. What is the default project role that you should assign to the person in the project to meet this requirement? (Choose the best answer.)

A) Project Manager
B) Project Administrator
C) Project Application Administrator
D) Project Accountant

Solutions: