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Oracle Project Management Cloud 2025 Implementation Professional Sample Questions (Q103-Q108):
NEW QUESTION # 103
You are trying to create a custom infolet but are not able to find the "Create Infolet" option in the Infolet repository window. Which two steps should be completed before you can access the "Create Infolet" option?
- A. You should be on the Project Custom Objects page.
- B. You must be in an active sandbox.
- C. You must activate Page Composer.
- D. You should enable the "Create Infolet" option from the Personalize Springboard page.
Answer: B,C
Explanation:
Ref: https://docs.oracle.com/cd/E83857_01/saas/applications-common/18b/oaext/page-modification.
html#OAEXT1640891
NEW QUESTION # 104
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. Allocate rental costs once each accounting period by using the "full" allocation method.
- C. Define allocation basis by using Actual Amounts with a project-to-date amount class.
- D. Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
- E. Define allocation basis by using Actual Amounts with a period-to-date amount class.
Answer: B,D,E
Explanation:
To allocate the rental cost to the projects and tasks based on the raw costs of the tasks from the previous month, you need to do the following:
* Allocate rental costs once each accounting period by using the "full" allocation method. This method allocates the entire source amount to the target tasks in one run.
* Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period. This ensures that the source amount is proportionally allocated to the tasks based on their relative raw costs.
* Define allocation basis by using Actual Amounts with a period-to-date amount class. This allows you to use the actual raw costs of the tasks as the basis for allocation and to use the amounts from the previous accounting period. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c
/oapfm/manage-project-costs.html#OAPFM2355951
NEW QUESTION # 105
You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Management with tasks and subtasks applicable to each of the phases of the project: Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works.
Which two are correct statements in this scenario? (Choose two.)
- A. You associate a deliverable with a task independent of associating a requirement with a task.
- B. The association of a deliverable with a task is dependent on associating a requirement with a task.
- C. A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
- D. A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
Answer: A,D
Explanation:
According to Oracle sources1, the inheritance between requirements, tasks, and deliverables works as follows:
* You can associate a deliverable with a task independent of associating a requirement with a task. You can also associate a deliverable with a requirement independent of associating a task with a requirement
1.
* A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement. You must manually associate the deliverable with the tasks that produce it1.
Therefore, the correct answer is B and D.
1: Can deliverables for projects and tasks be inherited from associated requirements? - docs.oracle.com (index
1)
In Oracle Project Management, you can define requirements, tasks, and deliverables for your project based on your project methodology and lifecycle. Requirements are statements of needs or expectations that must be met by the project outcome. Tasks are units of work that must be performed to complete the project.
Deliverables are products or services that are produced or provided as part of a task or requirement. Two correct statements about how the inheritance between requirements, tasks, and deliverables works are:
* You associate a deliverable with a task independent of associating a requirement with a task. This means that you can create a deliverable for a task regardless of whether the task is linked to a requirement or not.
* A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement. This means that you have to manually associate a deliverable with a task even if both the deliverable and the task are linked to the same requirement.
NEW QUESTION # 106
While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)
- A. project type
- B. project classification
- C. project unit
- D. project organization
Answer: A
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjf/define-project.
html#OAPJF220111
Asset Cost Allocation Methods
The asset cost allocation method determines how indirect or common costs incurred on a project are allocated to multiple assets.
You can specify an asset cost allocation method to enable Oracle Fusion Project Costing to automatically allocate unassigned asset lines and common costs across multiple assets. Unassigned asset lines typically occur when more than one asset is assigned to an asset grouping level.
Projects and project templates inherit a default asset cost allocation method from the associated project type.
You can override the default at the project level. If you use capital events to allocate costs, then you can also override the asset cost allocation method at the event level Asset Cost Allocation Methods The following table describes the available asset cost allocation methods.
Method
Basis of Cost Allocation
Actual Units
Number of units defined for each asset
Current Cost
Construction-in-process (CIP) cost of each asset
Estimated Cost
Estimated cost of each asset
Standard Unit Cost
Combination of the standard unit cost and the number of units defined for each asset Spread Evenly Equal allocation of cost to each asset
NEW QUESTION # 107
Your customer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)
- A. PA Calendar
- B. PA-GL Periods
- C. Calendar Types
- D. Accounting Periods
- E. Project Accounting Periods
Answer: D,E
Explanation:
Reference https://fusionhelp.oracle.com/helpPortal/topic
/TopicId_P_87F467307D50416BE040D30A68816855
Spread curves let you distribute quantity, cost, and revenue amounts automatically across accounting or project accounting periods. You assign a spread curve to each resource class. Planning resources (in the planning resource breakdown structure) inherit the spread curve setting from the associated resource class.
You can change the spread curve for the planning resource and for any corresponding task assignments, or budget or forecast lines.
NEW QUESTION # 108
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