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Last Updated: Jul 30, 2026
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| Section | Objectives |
|---|---|
| Navigation, User Experience, Personalization, and Approvals | - Manage approvals and workflows
|
| Project Foundation | - Configure foundational project structures
|
| Program Management | - Manage programs and reporting
|
| Applications Security | - Manage security configuration
|
| Project Billing | - Configure project billing and revenue
|
| Project Management Overview | - Describe the components of Oracle Project Management Cloud
|
| Project Management | - Manage project execution
|
| Functional Setup Manager | - Configure implementation setup
|
| Common Project Configuration | - Configure enterprise project settings
|
| Project Performance Reporting | - Configure reporting and KPI tracking
|
| Project Costing | - Manage project costing configuration
|
| Project Resource Management | - Configure resource management
|
| Project Control | - Manage project planning and forecasting
|
1. Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)
A) Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate
B) Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule
C) Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule
D) Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule
E) Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule
2. When implementing Project Performance Reporting, your customer has the following requirements:
Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.
As long as a project cost is less than the threshold, the project should be shown as on-track.
Which threshold level rule is ideal for this kind of KPI definition? (Choose the best answer.)
A) single threshold level value
B) multiple threshold levels
C) single threshold level range
D) multiple threshold level value
3. A consulting services company is currently working on a business transformation project for your client that spans over 10 months. The total contract amount is 250000 USD. They have generated a revenue of 25000 USD and an Invoice of 10000 USD at the end of the first period.
The accounting entry for revenue is:
and accounting entry for invoice is:
What will be the accounting entry when you reclassify the billing offset balances in the first period?
A) Dr Accounts Receivables 10000 -
B) Dr Deferred Revenue 10000 -
C) Dr Accounts Receivables 10000 -
D) Dr Unbilled Receivables 10000 -
4. Which component provides a human workflow service that handles all interactions with users or groups in business processes?
A) Security Console
B) BPM Worklist
C) Subledger Accounting
D) SOA Suite
5. Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management.
A) expenditure item
B) project plan type
C) project classification
D) project
E) resource
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: D |
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