Oracle Oracle Certifications 1Z0-567 Questions & Answers

• Question 61:

  You are a project manager addressing risk responses in your Risk Register. As you created your Risk Register, you also created multiple mitigating/response plans for each risk. Identify the functionality that will indicate which response plan is primary.

  A. Response plan marked Active

  B. Response plan with the closest start date

  C. Response plan with lowest cost

  D. Response plan marked highest priority

  Correct Answer: A

  Explanation:

  Response Plan row: Create one or more response plans while you are in the planning phase and indicate the response type. When you have analyzed your

  response options, choose one response plan by selecting the Active option next to the appropriate response plan.

  In the example below, two response plans have been created for the Concrete supply constrained risk. The first plan is to accept the risk and take no action; the

  second plan is to reduce the impact of the risk by contracting with alternative suppliers. You can see this second plan was selected as the plan of choice.

  

  Note:

  *

  A risk register and risk scoring matrix provide a system for monitoring and tracking risks.

  *

  Rather than having a single response, you can create multiple responses to a risk.

  *

  Once you have established your risks, you can view the Probability and Impact Diagram, which shows how the risks are coded. Several pre-defined PID matrices have been provided from which we can choose.

  

  References:

• Question 62:

  What is the significance of the "Summarize project based on detailed activity resource assignments" setting?

  A. Summarized project data will reflect top-down plans.

  B. Summarized project data will reflect bottom-up plans.

  C. Summarized project data will reflect integrated actuals.

  D. Summarized project data will be monetized.

  Correct Answer: B

  Explanation:

  Use the Detail Activity Resource Assignments option for in-progress projects when you want to review detailed activity-level summarized data, for example, for

  earned value reporting.

  Note: `Summarize Project Based on' determines whether the Summarizer calculates and displays rolled-up data based on resource assignments at the activity or

  project level. Note 2: You can summarize project data to a specific WBS level when calculating and maintaining summary data.

  

• Question 63:

  Yon are working with a customer that has had a legacy Primavera release installed and running in their environment for four years, the CIO tells you that the current EPS does not show the data the way he would like to view it, and, therefore, he would like to restructure the entire EPS.

  Before proceeding, what four options would you present to the CIO so that organizational Impacts are eliminated?

  A. Modify the EPS.

  B. Identify the reporting requirements.

  C. Restructure the OBS.

  D. Add project codes

  E. Modify global filters.

  F. Create user-specific filters.

  G. Modify Group and Sort.

  Correct Answer: ABDE

  Explanation:

  E: Global filters are made available to anyone working in the database,

• Question 64:

  All commands executed by toolbar icons can be accessed from three menus. Select the three menus.

  A. Action

  B. Copy

  C. Edit

  D. Paste

  E. View

  F. Remove

  G. Modify

  Correct Answer: ACE

  Explanation:

  A: Note: To facilitate a streamlined, role-specific configuration of P6 Web Access, your administrator can assign you to a user interface view that corresponds to your role and work processes in your organization. The tabs, tab icons, and action menu items that you can access in each section of P6 Web Access, and the order in which they appear, depend on your user interface view settings

  C: The Edit menu is a standard Windows menu that lets you do common actions such as cut, copy, and paste.

  E: The View menu is quite extensive, and the items available vary as you view different modules.

  Note:

  When you log into P6 the first time, you should be presented with a screen similar to the following screenshot:

  

• Question 65:

  Your customer's project teams are cross-functional and global. Therefore, any standard reports must be generated at a standing day/time so that all affected resources and users have clearly defined timelines for data quality checks prior to report creation. Identify the P6 R8 feature that will address this requirement.

  A. Email monthly report to distribution list

  B. Send reports directly to printers at all user locations

  C. Schedule report generation to minimize performance issues

  D. Post generated reports to content repository

  Correct Answer: C

  Explanation:

  Reports can be run on the spot or scheduled.

  Note: Reports may be set to run on a schedule. This is very handy if you need a set of reports all generated at the same time. For example, you may need reports

  showing data as of the 25th of the month available for a review meeting the following day. You can schedule a set of reports to run at 11:59 pm on the 25th. They

  can then be automatically e-mailed to all meeting participants. In this sense, scheduled reports are similar to the batch reports of P6 Professional, but with the

  added bonus that you can schedule the delivery.

• Question 66:

  Identify two benefits of customizing user-interface views.

  A. Limit user access to functionality

  B. Lock down security privileges

  C. Administer users in the web interface

  D. Target application functionality

  E. User-based configuration

  Correct Answer: AE

  Explanation:

  A: Define user interface views that restrict and provide access to P6 Web Access functionality according to the requirements of your company's functional roles.

  E: Defining a prototype user configuration, in combination with defining user interface views, ensures that new users of P6 Web Access will have a consistent interface customized for the business needs of the organization.

  Note:

  *

  Privilege Edit User Interface Views:

  Create, edit, and delete user interface views in P6 Web Access. This privilege also grants you the right to

  assign user interface views to users in both P6 Web

  Access and the Project Management module.

  *

  In addition to licensing and security privileges, you can further control access to P6 Web Access functionality using user interface views. A user interface view is

  a defined set of tabs, pages, and Action Menu items that a user assigned to that view can access in each section of P6 Web Access (Dashboards, Portfolios,

  Projects, and Resources). You can create multiple user interface views that correspond to the job functions performed by each role in your organization, or you

  can create user interface views to meet each individual user's needs. User interface views can only be defined in P6 Web Access and can be assigned to users in

  both P6 Web Access and the Project Management module.

• Question 67:

  You are a project manager working with a cross-functional project team. The project spans multiple years and has 25000 activities owned across these cross-functional teams. The team leads for the functional teams do not want to view activities outside of the ones that they own. They have asked you to find a way for them to only see their activities.

  Identify three P6 EPPM features that would help you respond to this requirement.

  A. Create project activity code for teams. Values = team names.

  B. Group and sort by project activity code within the common activity view.

  C. Create filters built on project activity code. Values = team names.

  D. Create a generic resource for each team, and assign to each owned activity.

  E. Create an activity view for each team, filtering on team owned activities.

  F. Group and sort by generic resource within an activity view.

  Correct Answer: ACE

  Explanation:

  Note:

  *

  Activity codes help to sort, filter, and group activities.

  *

  If you mainly work in one project, then it can be helpful to filter by project by default.

  

• Question 68:

  When is "Store Period Performance" usually performed?

  A. After each pay period

  B. After the schedule is updated

  C. After Job Services validation

  D. After working hours to enhance performance

  Correct Answer: A

  Explanation:

  Storing of Period Performance

  When billing in Excel (AIA form) or in the P6 schedule the current billing period amounts must be "rolled" or moved to the Previously Billed or Actual Cost

  categories before starting a new billing period.

  When the billing has been approved and finalized in the AIA form it can be copied to a new file for use in the next billing period. To "roll" or clear out the This

  Period amounts in Excel, the current period amounts will have to be added into the Previous Application column cells. This creates a starting point for the new

  billing period.

  Note:

  In P6, by default, actuals will be distributed evenly across time periods. For example, we set up an activity to start the first day of May, and we have actuals for the

  month of May of 15 hours. We have actuals for the month of June of 25 hours. P6 will display this as 20 hours for May and 20 hours for June. To get the exact

  amount of hours for each month, you have to store period performance. To do this, take the following steps:

  1.) Set up your financial periods:

  Select Admin, Financial Periods from the Menu Bar

  You can either add your financial periods manually, or set up a batch run by entering the start date and end date and how often the period should be created.

  2.) Enter your actuals for the resource into the column, Actuals This Period. It will also put the same amount in the Actual Units Column; at the end of May, Actuals

  This Period would have 15 hours, as would Actual Units.

  3.) When you are done with the update, do Tools, Store Period Performance. This will move the Actuals this Period to the appropriate financial period and zero out

  the Actuals This Period column. At the end of June, enter 25 hours in Actual This Period. Actuals This Period will have 25 hours and Actual Units will have 40

  hours.

  4.) To view the financial periods, do the following:

  Click Edit, User Preferences

  Click on the Application Tab

  Enter the Financial Periods that you would like to view. In the Activity Window, add the financial period columns (they will start with the financial period).

• Question 69:

  A portfolio scenario is defined as _________.

  A. a snapshot of project data

  B. a manual group of projects

  C. a graphical view of data

  D. a filtered group of projects

  Correct Answer: A

  Explanation:

  A scenario is a snapshot in time of one or more projects.

• Question 70:

  Identify the true statement regarding currencies.

  A. Currencies are predefined at installation.

  B. Exchange rates are automatically updated monthly.

  C. P6 supports an unlimited number of currencies.

  D. US dollars is the only valid currency for financial transactions.

  Correct Answer: C

  Explanation: