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Download Oracle Project Management Cloud 2022 Implementation Professional Exam Dumps

NEW QUESTION 44
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. multiple threshold level value
  • D. single threshold level range

Answer: B

Explanation:
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

 

NEW QUESTION 45
Which three file-based data imports are available for use in Oracle Project Portfolio Management Cloud?

  • A. Project Billing Events
  • B. Project Budgets
  • C. Project Templates
  • D. Project Tasks
  • E. Capital Rate Schedule

Answer: A,B,D

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oefpp/toc.htm

 

NEW QUESTION 46
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 classification with a revenue method of Percent Spent.
  • B. Create a revenue method classification with a revenue method of Percent Complete.
  • C. Create a revenue method with a revenue method classification of Amount Based.
  • D. Create a revenue method with a revenue method classification of Rate Based.

Answer: D

 

NEW QUESTION 47
Your organization wants to capture the project details for work order labor and equipment resource transactions as part of a project-driven supply chain solution.
Which expenditure type class is recommended for the expenditure types that need to be defined for these type of transactions?

  • A. Work In Process
  • B. Usages
  • C. Supplier Invoice
  • D. Inventory

Answer: C

 

NEW QUESTION 48
As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter. Identify the reason for this problem. (Choose the best answer.)

  • A. All expenditure items charged to the task use the new burden schedule.
  • B. Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier cannot be reprocessed.
  • C. Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
  • D. You can enable automatic reprocessing of expenditure items processed before the burden schedule change.

Answer: C

Explanation:
Reference https://docs.oracle.com/cloud/r13_update17b/projectcs_gs/OAPJC/OAPJC1071490.htm#OAPJC1071482

 

NEW QUESTION 49
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