Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocate to various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task.
Which allocation basis method would you use to meet this requirement? (Choose the best answer.)
A. spread evenly
B. target percentage and prorate
C. target percentage and spread evenly
D. prorate
Correct Answer: B
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjc/allocate-project-costs.html#OAPJC94831 Spread Evenly The allocation rule divides the source pool amount equally among all the chargeable target tasks included in the rule. This is the most simple and direct basis method. Target Percentage and Spread Evenly Specify the percentage of the source pool that is required to allocate to each target line. The total specified target percentage must always equal 100 percent. The allocation rule calculates the amount to allocate to the target line, and then spreads the results evenly among the chargeable tasks. Prorate The allocation generation uses the attributes defined in the allocation rule to derive the rate at which the source pool amount is apportioned among the target projects and tasks. For this basis method, the allocation rule uses the basis attributes to apportion the source amount among all the tasks defined by the rule. The Prorate basis method provides precise control over how the rule distributes the source pool. Target Percentage and Prorate The allocation rule first uses the target percentage to calculate the amount to allocate to the line, and then apportions the results among all the tasks. The Target Percentage and Prorate basis method provides precise control over how the rule distributes the source pool.
Question 82:
Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)
A. If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.
B. If the "Allow resource changes at project level" option is set to No for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
C. If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.
D. If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
Topic-Entering Planning Resource Breakdown Structure Details Click Navigator > Setup and Maintenance, and search for the Manage Planning and Billing Resource Breakdown Structures task.
Click the Manage Planning and Billing Resource Breakdown Structures link. Use the Manage Planning and Billing Resource Breakdown Structures page to create new planning resource breakdown structures and to review existing planning
and billing resource breakdown structures.
Click the Create icon in the Planning Resource Breakdown Structures section. Use the Create Planning Resource Breakdown Structure: Basic Information page to provide basic resource breakdown structure information including the name,
active dates, and project unit.
Enter a planning resource breakdown structure name and select a date from which the resource breakdown structure is available for use. Optionally, provide a description and a date to which the planning resource breakdown structure is
available for use.
Select a project unit. Only projects created for the selected project unit can use this planning resource breakdown structure.
If you want to allow project managers to add planning resources at the project level, then select the Allow resource changes at project level check box. Tip: Changes at the project level don't move back to the parent planning resource
breakdown structure. Deselect this option to ensure all project using the planning resource breakdown structure use the same resources.
Optionally, select a Job Set as a source of jobs for creating planning resources on your planning resource breakdown structure.
Click Save.
Question 83:
Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certain number of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)
A. project time validation rules
B. time calculation rules
C. time entry rules
D. time audit rules
Correct Answer: C
To put in a validation process that allows only a certain number of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week, you need to use time entry rules. Time entry rules allow you to define the conditions and actions for validating time entries based on various attributes such as hours, dates, projects, tasks, etc. You can also specify the error messages and severity levels for the time entry rules. Reference: https:// docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-time-and-labor.html#OAPFM2355991
Question 84:
Identify three purposes for which the project resource search index is used. (Choose three.)
A. Display resource details
B. Filter counts while you search for resources
C. Calculate Resource Qualification Scores D. Provide absence details for resources
E. Calculate Resources Availability Scores
Correct Answer: ABC
The project resource search index is used to store and retrieve information about project resources such as their availability, qualifications, preferences, etc. The project resource search index is used for three purposes:
Display resource details: The project resource search index provides the resource details such as name, email, job title, organization, etc. that are displayed on the resource search page.
Filter counts while you search for resources: The project resource search index provides the filter counts that show how many resources match each filter criterion on the resource search page.
Calculate Resource Qualification Scores: The project resource search index provides the qualification information such as skills, certifications, languages, etc. that are used to calculate the Resource Qualification Scores for each resource
based on their match with the resource request. The project resource search index does not provide absence details for resources or calculate Resource Availability Scores. These are provided by other components such as Oracle Fusion
Absence Management and Oracle Fusion Human Capital Management. Reference:
Ref to "Securing Project Financial Management and Grants Management Applications" Table lists predefined enterprise roles and the type of security that grants the role access to data in a work area or dashboard.
Enterprise Role
Work Area or Dashboard
Data Security Based On
Project Accountant
Asset
Project business unit
Project Accountant
Costs
Project expenditure business unit
Project Accountant
Revenue
Contract business unit
Project Administrator
Project Financial Management
Project business unit
Project organization
Project Billing Specialist
Invoices
Contract business unit
Project Creator
Project Financial Management
Project business unit
Project organization
Project Management Duty
Project Management Infolet Dashboard
Project assignment
Project Management Duty
Project Performance Dashboard
Project assignment
Project Manager
Project Management Infolet Dashboard
Project assignment
Project Manager
Project Performance Dashboard
Project assignment
Project Manager
Project Management
Project assignment
Project Manager
Project Manager Dashboard
Project assignment
Project Team Member
Project Financial Management
Project assignment
Grants Accountant
Invoices
Contract business unit
Grants Accountant
Revenue
Contract business unit
Grants Administrator
Awards
Contract business unit
Grants Administrator
Contracts
Contract business unit
Grants Administrator
Project Financial Management
Project business unit
Principal Investigator
Awards
Award assignment
Principal Investigator
Contracts
Award assignment
Principal Investigator
Project Financial Management
Project assignment
Question 86:
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 must activate Page Composer.
B. You should be on the Project Custom Objects page.
C. You must be in an active sandbox.
D. You should enable the "Create Infolet" option from the Personalize Springboard page.
You are set up as a Follower in Manage Tasks. Which two abilities can you accomplish? ( Choose two.)
A. Enter progress for tasks.
B. Receive email notifications about changes that team members make to a task.
C. View task details and the task activity stream.
D. Edit task details.
Correct Answer: BC
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/execute-project-tasks-and-deliverables.html#OAPEM1122082 Followers are persons who aren't working on the task but have an interest in reviewing the
task progress. Only the resources and other followers can add followers to a task. If a resource assigns the task to another team member, the application automatically changes the original resource to a follower.
What's the difference between my tasks and tasks that I follow? You can edit task details and enter progress for your tasks on the Manage Tasks page. If a task has multiple resources, only the primary resource can edit the task. When you
follow a task, you can view the task details and see the task activity stream. You receive e-mail notifications of changes that team members make to the task.
If a resource reassigns the task to another team member, then the previous resource automatically becomes a follower.
Question 88:
Your organization has a requirement to retrieve the value of the cost center segment based on the department.
Which source can you use while defining the account rule to achieve this requirement?
A. Project Organization Cost Center Segment
B. Expenditure Business Unit Cost Center Segment
C. Event Organization Cost Center Segment
D. Expenditure Organization Cost Center Segment
Correct Answer: D
The source that can be used while defining the account rule to achieve this requirement is Expenditure Organization Cost Center Segment. This source allows you to retrieve the value of the cost center segment based on the expenditure organization of the transaction. The expenditure organization is an attribute of a transaction that represents the organization that incurs or owns the cost of the transaction.
Question 89:
Which three are part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?
Project application administrators can use the rapid implementation feature to set up the Project Financial Management offering. Use the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel
spreadsheet to enter setup data and generate the ProjectsWorkbook.zip. Upload this .zip file to the Setup and Maintenance work area. When the upload completes, the offering is configured based on the setup information that you provide.
Perform the following steps to configure rapid implementation for the Project Financial Management offering:
Prepare setup data.
Generate CSV files.
Upload setup data.
Correct errors, if any, and reload the data.
Question 90:
Shift is one of the key elements in defining project and resource calendars.
Which two additional key elements are required to define the project and resource calendars? (Choose two.)
A. Schedule Exceptions
B. Workday Patterns
C. Time off
D. Expenditure Type
E. Accounting Calendar
Correct Answer: AB
Shift is one of the key elements in defining project and resource calendars. Two additional key elements that are required to define the project and resource calendars are: Schedule Exceptions: These are dates or periods that override the regular workday patterns and shifts of a calendar. They can be used to define holidays, vacations, or other special events that affect the availability of resources or projects. Workday Patterns: These are patterns of working and nonworking days that repeat over a period of time. They can be used to define the standard working days and hours for a calendar. Time off, expenditure type, and accounting calendar are not key elements in defining project and resource calendars. Time off is an attribute of a resource assignment that reduces the availability of a resource. Expenditure type is a classification of costs that determines how they are processed and accounted. Accounting calendar is a calendar that defines the accounting periods and dates for transactions. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-projectresources.html#OAPFM2356131
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