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| Topic |
Details |
| Topic 1 |
- Setting up Common Project Configuration: Targeting project configuration specialists, this section involves managing Subledger Accounting, setting up Project Financial Management Organizations, and managing Reference Data Sharing to ensure consistent and accurate financial reporting.
|
| Topic 2 |
- Configure Project Billing: Targeting billing specialists, this section involves configuring project cross-charging and transfer pricing, and managing project invoicing and revenue processes to ensure accurate and efficient billing operations.
|
| Topic 3 |
- Configure Project Costing: Aimed at cost management analysts, this section covers configuring the Project Cost Collection Center, managing burdening and allocations, explaining capitalized interest calculations, describing budgetary controls, configuring Time & Labor for projects, and managing integrations to ensure accurate project costing.
|
| Topic 4 |
- Configure Project Management: Aimed at project execution managers, this section describes common project execution components, managing issues and deliverables, project requirements, configuring social networks for project execution, managing project gates, and using Application Composer for project execution management to ensure seamless project operations.
|
| Topic 5 |
- Configure Project Control: This section measures the skills of project control specialists and focuses on managing project budgets and forecasts to maintain control over project financials and performance.
|
| Topic 6 |
- Describing Applications Security: Aimed at security administrators, this section covers the Applications Security Console, identification of roles in a seeded security implementation, and management of roles and duties to ensure secure access and operations.
|
| Topic 7 |
- Configure Project Performance Reporting: This section assesses the skills of performance reporting analysts and includes configuring and managing key performance indicators for project performance reporting to monitor and evaluate project success effectively.
|
| Topic 8 |
- Using Program Management: Targeting program managers, this section involves using program management and reporting tools to oversee multiple projects and ensure alignment with organizational objectives.
|
| Topic 9 |
- Configure Project Resource Management: This section measures the skills of resource managers and focuses on defining project enterprise labor resources to optimize resource allocation and utilization.
|
| Topic 10 |
- Describing Navigation, User Experience, Personalization, and Approvals: Targeting user experience designers, this section evaluates knowledge of business processes supported by approvals and workflows, setting up approval and notification tasks, and concepts related to navigation, user experience, and personalization within the application.
|
| Topic 11 |
- Configure Project Foundation: This section assesses the skills of project foundation specialists and includes setting up project calendars and periods, defining types and categorizations, managing project resources, describing rate schedules, project types, setting up transaction sources, and managing labor schedules to establish a solid foundation for project management.
|
| Topic 12 |
- Project Management Overview: This section assesses the skills of project management consultants and focuses on understanding the components of Oracle Project Management Cloud, including its integration capabilities.
|
Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q123-Q128):
NEW QUESTION # 123
Your customer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement.
(Choose the best answer.)
- A. Journal Rules
- B. Accounting Method
- C. Mapping Sets
- D. Supporting References
- E. Accounting Rule
Answer: D
Explanation:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125357.htm#OAPFM1125357 Assignment of Supporting References Supporting references may be used to capture transaction values on journal entry lines. A supporting reference can be used on a journal entry rule set only if it's assigned a source from the event class of the journal entry rule set.
Creating Supporting References: Explained
Supporting references are used to store additional source information about a subledger journal entry at the line level.
Supporting references with balances establish subledger balances for a particular source and account for a particular combination of supporting references plus the account combination.
For example:
* If a journal line contains a supporting reference that includes two sources, Customer Type and Customer Name.
* Balances are created for the account combination, plus customer name and customer type.
Examples of how you may want to use supporting reference balances are to:
* Facilitate reconciliation back to the subledgers and source systems by tagging journal entries with transaction and reference attributes.
* Create balances by dimensions not captured in the chart of accounts.
* Reporting using dimensions not captured in the chart of accounts.
* Enrich Oracle Fusion Business Intelligence Applications reporting on subledger journals.
* Profit and loss balances by dimensions not captured in the chart of accounts Define supporting references to hold additional supporting information for detailed account balancemaintenance or reconciliation and reporting requirements.
NEW QUESTION # 124
Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources page.
An HCM person is included in a condition with a process order value of 1 and, additionally, there are three other conditions, all with a process order value of 10. Identify two correct statements about the Maintain Project Enterprise Labor Resources process as it relates to process order values. (Choose two.)
- A. The process creates a resource by using the condition with a process order value of 1 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
- B. The process creates a resource by using the conditions with a process order value of 10 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
- C. For the three conditions that have the same process order value of 10, the records are processed in ascending alphabetic orderbased on the condition name.
- D. For the three conditions that have the same process order value of 10, the records are processed in ascending numeric order based on the condition name.
Answer: A,C
NEW QUESTION # 125
Green House Corporation has decided to enable the budgetary control feature for their projects. At which two levels will they be able to enter the amounts in the budget versions for these projects?
(Choose two.)
- A. Expenditure Type
- B. Top resource
- C. Expenditure Category
- D. Task
- E. Project
Answer: D,E
Explanation:
Budgetary control is a feature that allows you to monitor and control project costs against approved budgets.
You can enter the amounts in the budget versions for these projects at two levels: Task and Project. These levels correspond to the budgetary control levels that are defined for the project type. You can also view and compare the budget amounts and actual costs at these levels using reports and dashboards. Expenditure Type, Top Resource, and Expenditure Category are not levels at which you can enter the amounts in the budget versions for these projects. These are attributes that can be used to group and filter the budget and actual amounts for reporting purposes. Reference:https://docs.oracle.com/en/cloud/saas/project-portfolio- management/20c/oapfm/manage-project-budgets-and-forecasts.html#OAPFM2356191
NEW QUESTION # 126
Your customer has separate organizations to maintain indirect, capital, and billing types of projects.
Identify the two setups that can be used to fulfill this requirement. (Choose two.)
- A. Organization Tree
- B. Project Type
- C. Business Unit
- D. Project Accounting Business Function
- E. Project Organization Classification
Answer: A,E
Explanation:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1225328.htm
NEW QUESTION # 127
Identify three correct statements about the integration of Primavera P6 Enterprise Project Portfolio Management and Oracle Project Portfolio Management Cloud. (Choose three.)
- A. Billing events flow from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
- B. Event completion flowsfrom Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
- C. Projects and task definitions flowfrom Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
- D. Summarized actual quantity and cost flowfrom Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
- E. Project plans and progress flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
Answer: B,C,D
Explanation:
Ref:https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49622/F1125394AN6D254.htm Primavera P6 Enterprise Project Portfolio Management and Oracle Fusion Project Portfolio Management: How They Work Together Use Oracle Fusion Project Integration Gateway to integrate Oracle Fusion Project Portfolio Management with Primavera P6 Enterprise Project Portfolio Management. The integration enables project accountants, project billing specialists, and executives to centrallyperform project costing, billing, accounting, and executive reporting tasksin Oracle FusionProject Portfolio Managementwhileenabling each project manager to perform detailed project planning and scheduling in Primavera P6Enterprise Project Portfolio Management.
Oracle Fusion Project Integration Gateway ensures data security, integrity, and efficiency by defining a set framework in which data is exported from and imported into Oracle Fusion Project Portfolio Management.
The following table and diagram provide an overview of the flow of information.
Information Type
From Application
To Application
Global integration information
Oracle Fusion Project Portfolio Management
Primavera P6 Enterprise Project Portfolio Management
Projects and task definition
Oracle Fusion Project Portfolio Management
Primavera P6 Enterprise Project Portfolio Management
Summarized project actual quantity and cost
Oracle Fusion Project Portfolio Management
Primavera P6 Enterprise Project Portfolio Management
Project plans and progress
Primavera P6 Enterprise Project Portfolio Management
Oracle Fusion Project Portfolio Management
Billing events
Oracle Fusion Project Portfolio Management
Primavera P6 Enterprise Project Portfolio Management
Event completion
Primavera P6 Enterprise Project Portfolio Management
Oracle Fusion Project Portfolio Management
NEW QUESTION # 128
......
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