1z0-1008: Oracle Project Portfolio Management Cloud 2018 Implementation Essentials

Your customer has implemented Oracle Project Portfolio Management Cloud recently and they have hired new employees for their Professions Services business. These employees are set up in Oracle Human Capital Management Cloud, but the Project Administrators are unable to add them as resources in the Planning Resource Breakdown Structure.

What are three conditions for new employees to show up in the list?

All new employees created as persons must have an active project role.
All new employees created as persons must have an active supervisor.
All new employees created as persons must have an active assignment.
All new employees created as persons must be assigned to a department.
Current date is before the effective date of the resource, and you did not enable the “Include people with future-dated effective start dates” option during the search.

Correct answer: ACE

Your organization has been awarded a new contract based on which you are allowed to sell:

Items not tracked in inventory
Inventory items
Services

Which contract structure would fulfill your requirement of item sales?

Create two contract lines with a line type each of “free-form, project-based buy agreement” and “bundle sell, project-based”.
Create two contract lines with a line type each of “sell intent, item, project-based” and “subscription, project-based, sell”.
Create two contract lines with a line type each of “product, project-based, sell agreement, standalone” and “sell intent, item, project-based”.
Create two contract lines with a line type each of “sell intent, free-form, project-based” and “sell intent, item, project-based”.

Correct answer: D

Explanation:

Reference: http://www.oracle.com/technetwork/fusion-apps/suppliercontracts-1578366.pdf (p.174)

You configure one OTBI using Project Cross Subject Area Analysis Real Time. You notice that all measures (Budget, Forecast, Cost, Commitments, Revenue, and Invoice) are not available for Bill-To-Customer and Contract and Contract Line dimensions. Identify the reason for this behavior.

The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures.
The Bill-To-Customer dimension does not apply to Invoice measures, but the Contract and Contract Line dimensions apply only to Revenue and Invoice measures.
The Bill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract Line dimensions do not apply to Revenue and Invoice measures.
The Contract and Contract Line dimensions apply only to Invoice measures.
The Bill-To-Customer dimension applies only to Revenue and Invoice measures.

Correct answer: E

You recently made some changes to a project contract and the current status of the contract is Under Amendment. Identify the correct sequence of activities that can take place on that contract.

On Hold > Pending Approval > Active
On Hold > Pending Acceptance > Active
Pending Approval > Pending Acceptance > Active
Pending Acceptance > Pending Approval > Active

Correct answer: C

Explanation:

Reference: https://docs.oracle.com/cloud/latest/common/FASCC/FASCC1124283.htm

Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement?

Remaining Plan
Effort
Manual Entry
Cost

Correct answer: D

Explanation:

Reference: https://ppm-help.saas.hpe.com/en/9.42/Help/Content/UG/PjMUG/view_pj_cost_data_costtab.htm

Your customer wants a project start date to cascade to the project tasks, bust does not want the finish date to be cascade. Identify the default setup in a project template that can be used to enable this.

Do not cascade date changes.
Cascade change to the start date and the finish date.
Cascade change to the finish date.
Cascade change to the start date.

Correct answer: A

Explanation:

Reference: http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20384/F552279AN65801.htm

Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China and added a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit.

Why is the project accountant unable to see the transactions for the China business unit?

Data Access for the China business unit has not been assigned to the user against the relevant job role.
The China business unit is associated with a different legal entity than the US and UK business units.
The job role relevant to the China business unit is not assigned to the project accountant.
The US and UK business units are linked to different ledges than the China business unit.

Correct answer: B

You are implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-charge transactions happen between business units within the same legal entity. Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.

Identify two setups that can drive this borrowed and lent agreement.

Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
Transfer price basis must be Raw Cost and calculation method must be Basis Only.
A document entry such as straight time must be enabled for cross-charge transactions.
Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.

Correct answer: CD

Your business user has created a purchase order (PO) that has the following attributes:

Accrue at Receipt = Yes

Matching Option = 2 way

Receipt Close Tolerance = 100%

After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the “Import and Process Cost transactions” ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as “Oracle Payables.” The user notices that there is no cost transferred to the projects. Identify two reasons for this problem.

When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.
When you have an AP invoice that is matched against a PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.
When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects only if there are accounted receipt lines.
When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to project by Payables.

Correct answer: BC

Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets based on the construction-in-process cost of each asset. Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement.

Estimated Cost
Standard Unit Cost
Current Cost
Spread Evenly
Actual Unit

Correct answer: C

Explanation:

Reference: https://docs.oracle.com/cloud/farel9/projectcs_gs/OAPJC/F1071495AN175A1.htm

Vendor:	Oracle
Exam Code:	1z0-1008
Exam Name:	Oracle Project Portfolio Management Cloud 2018 Implementation Essentials
Date:	Nov 12, 2019
File Size:	30 KB

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