Oracle Oracle Certifications 1Z0-466 Questions & Answers

• Question 61:

  Select the three statements that are true about the OUM Manage focus area.

  A. It is aligned with the Project management Institute's Project management Body of Knowledge (PMBOK).

  B. It is Oracle's standard is on configuration of applications.

  C. Its main focus is on configuration of applications.

  D. It is appropriate for managing all types of Oracle Consulting engagements.

  E. It is used to gather requirements and analyze, design, build, and test custom software.

  F. It provides a framework for development of services that supports enterprise or strategic-level interactions.

  Correct Answer: DEF

  Project management enables the project manager to manage delivery of an agreed upon level of solution quality while planning for and controlling the scope, cost, and schedule. The Manage focus area has three phases: Project Start Up Phase Project Execution and Control Phase Project Closure Phase

• Question 62:

  Which two statements are true about planning in OUM?

  A. A work product is always included for every task in the project workplan.

  B. Unnecessary tasks can be eliminated from the project workplan.

  C. Each task in OUM needs to be included in the project workplan.

  D. Tasks can be combined depending on the scope and risk of the project.

  E. Tasks can be eliminated when there is no staff assigned to them.

  Correct Answer: BD

  B(not C): Example:

  Our next step is to eliminate activities/tasks that are not needed. Consider the following:

  D:Finally, you should consider whether it is advisable or appropriate to combine tasks or to execute your

  project using OUM's activities ?which are groupings of tasks.

• Question 63:

  Which three steps are completed during Financial Close?

  A. Production of final reports

  B. Payment of outstanding invoices

  C. Mass reconciliation of open accounts

  D. Wrap up of items tracked throughout the project

  E. Vendor selection

  Correct Answer: ABC

  Example: Run Invoice On Hold Report

  B: Clear outstanding invoices

  Note:

  *helps manage all financial close cycle tasks, including ledger and sub-ledger close, data loading and

  mapping, financial consolidation, account reconciliation(C), tax/treasury and internal and external reporting

  processes ?any task associated with the extended financial close.

• Question 64:

  According to the recommended training for this exam, why is the transition from the sales team to the delivery team important?

  A. It sets the client expectations of your communication abilities as a company.

  B. It is only important if the client requests it.

  C. It is only important if the sales team requests it.

  D. It sets the documentation standards for the project.

  Correct Answer: A

• Question 65:

  Select three benefits of using OUM manage.

  A. It encourages early stakeholder involvement.

  B. It is less costly.

  C. It emphasizes clearly documenting the scope of the project and the terms and procedures to implement change.

  D. It encourages use of third-party resources.

  E. It supports improved communication.

  F. It provides incentives to finish projects early.

  Correct Answer: BCE

  Note:

  *OUM includes three focus areas: OUM Envision, OUM Implement and OUM Manage and OUM Operate

• Question 66:

  Select the type of use case scenario indicated by the red line in the following picture.

  

  A. Exception

  B. Main Success

  C. Alternate

  D. Secondary

  Correct Answer: C

  An alternative flow Definition: A conditional set of steps that are an alternative to one or more steps in another flow (the alternative flow is performed instead of the other step or steps), after which the use case continues to pursue its goal.

  Example:

  

• Question 67:

  Select the three applicable goals of the OUM Manage Focus Area.

  A. Identify and communicate with project stakeholders.

  B. Effectively transition from the sales (bid) process to Project Start Up

  C. Manage to reduce overall project risk.

  D. Define scope of work.

  E. Decreases implementation time.

  F. Create better project plans.

  Correct Answer: ABD

  /The Manage focus area is organized into 13 processes: (B)Bid Transition (D)Scope Management Financial Management Work Management Risk Management Issue and Problem Management Staff Management (A)Communication Management Quality Management Configuration Management Infrastructure Management Procurement Management Organizational Change Management

  /OUM Manage Focus Area

  

• Question 68:

  What describes the initial Iteration Plan for the Inception phase?

  A. It is a static plan, which is set during Bid Transition.

  B. It is created in the Project Startup Phase.

  C. It focuses on the milestones for the Elaboration Phase.

  D. It is not needed because Inception is a short phase.

  Correct Answer: B

  Note:

  The overriding goal of the Inception phase is to gain concurrence among all stakeholders on the lifecycle

  objectives for the project. The Inception phase is critical for all projects because the scope ofthe effort, the

  high-level requirements, and the significant risks must be understood before the projectcan proceed. The

  Inception phase is used to kick off a project; review the strategic direction of thebusiness; and confirm,

  document, and prioritize the high-level business requirements for the project.

  It is also the time to begin assembling and integrating the project team, to scope the entire

  engagement,and develop the initial project plan.

• Question 69:

  Tasks in the Project Execution and Control phase are ongoing. How often they are executed?

  A. In each iteration

  B. Three times

  C. Five times

  D. At the beginning of each week

  E. As needed

  Correct Answer: A

• Question 70:

  Select the two plans that are always active in the project at any given time.

  A. Transition Plan

  B. Training Plan

  C. Implementation Plan

  D. Iteration Plan

  E. Inception Plan

  Correct Answer: CD

  There are two plans active in the project at any given time ?the implementation plan and the iteration plan.