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Oracle Project Management Cloud 2025 Implementation Professional Sample Questions (Q28-Q33):
NEW QUESTION # 28
You are implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-charge transactions happen between business units within the same legal entity. Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.
Identify two setups that can drive this borrowed and lent agreement. (Choose two.)
- A. Transfer price basis must be Raw Cost and calculation method must be Basis Only.
- B. Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
- C. A document entry such as straight time must be enabled for cross-charge transactions.
- D. Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
Answer: A,C
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-billing- configuration-define-transfer-pricing.html#OAPFM3094619
NEW QUESTION # 29
Identify three correct statements about project types. (Choose three.)
- A. Summarization options can be specified at project type.
- B. Project type can be enabled for both billing and capitalization.
- C. Classifications can be assigned at project type.
- D. Project type can be associated with multiple project units.
- E. Project type can be used as a source in subledger accounting.
Answer: A,D,E
Explanation:
Project type is a classification that defines the common attributes and processing options for projects. Some of the correct statements about project type are:
* Project type can be used as a source in subledger accounting. This allows you to create accounting rules based on the project type attribute.
* Summarization options can be specified at project type. This allows you to control how the project transactions are summarized for reporting and performance purposes.
* Project type can be associated with multiple project units. This allows you to share the same project type across different business units or organizations. Project type cannot be enabled for both billing and capitalization, as these are mutually exclusive options. Classifications cannot be assigned at project type, but at project or task level. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio- management/20c/oapfm/set-up-project-financial-management.html#OAPFM2355971
NEW QUESTION # 30
Which product offering simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud?
- A. Project Costing
- B. Enterprise Contract Management
- C. Project Billing
- D. Project Control
Answer: D
Explanation:
Project Control is the product offering that simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud. Project Control allows you to create and manage project plans, budgets, and forecasts using various methods and sources. You can also monitor and control project performance and variances using dashboards and reports. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio- management/20c/oapfm/manage-project-plans.html#OAPFM2356061
NEW QUESTION # 31
Your organization has been awarded a new contract based on which you are allowed to sell:
* Items not tracked in inventory
* Inventory items
* Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)
- A. Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, project-based".
- B. Create two contract lines with a line type each of "sell intent, item, project-based' and "subscription, project-based, sell".
- C. Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, project-based".
- D. Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".
Answer: A
Explanation:
To sell items not tracked in inventory, inventory items, and services, you can create two contract lines with different line types. The line type of "sell intent, free-form, project-based" allows you to sell any item or service without specifying the item number or quantity. The line type of "sell intent, item, project-based" allows you to sell inventory items by specifying the item number and quantity. Both line types are project- based, meaning they are linked to a project and generate revenue based on project performance. Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-contracts.
html#OAPFM2355835
NEW QUESTION # 32
Which component of performance measures allows you to select the method that is used to measure accounts such as budget, forecast, and actual?
- A. Scenario Member
- B. Accounts Member
- C. Category Member
- D. Time Member
Answer: B
Explanation:
The Accounts Member component of performance measures allows you to select the method that is used to measure accounts such as budget, forecast, and actual. The Accounts Member component defines the account dimension member for the performance measure, which represents the financial data that is measured. You can also specify the aggregation rule and calculation method for the account dimension member. Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-performance- reporting.html#OAPFM2356081
NEW QUESTION # 33
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