What feature would you use to meet this requirement?

Correct Answer for the following Question is given below Using Oracle Time and Labor, your client wants to put in a validation process that allows only a xertain number of maximum hours an employee can charge in a day, and a minimum number of hours he or she can report in a week. What feature … Read more

Which three duty roles are associated with the Project Manager job role?

Correct Answer for the following Question is given below Which three duty roles are associated with the Project Manager job role? Question: Which three duty roles are associated with the Project Manager job role? Options: Project Definition Project Requirements Management Project Resource Assignment Project Plan Management Correct Answer The Correct Answer for this Question is … Read more

When scheduling the Update Project Performance Data process to run on a periodic basis, which summarization method would you select?

Correct Answer for the following Question is given below When scheduling the Update Project Performance Data process to run on a periodic basis, which summarization method would you select?Reference: https://docs.oracle.com/cloud/farel10/projectcs_gs/OAPJS/OAPJS1058184.htm#OAPJS177676 Question: When scheduling the Update Project Performance Data process to run on a periodic basis, which summarization method would you select? Options: Summary Bulk Detail … Read more

Which configuration option allows you to set up these controls?

Correct Answer for the following Question is given below Your customer has a requirement to import and process third-party transactions that are “costed” and “accounted”. Which configuration option allows you to set up these controls?Reference: https://docs.oracle.com/cd/E51367_01/projectop_gs/OAPJC/F1071488AN1004C.htm Question: Which configuration option allows you to set up these controls? Options: Document Options Transaction Source Options Import Options … Read more

Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types. Identify the setup required to enable this kind of revenue recognition.

Correct Answer for the following Question is given below Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types. Identify the setup required to enable this kind of revenue recognition. Question: Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types. Identify the setup required to enable … Read more

Which option would you use in conjunction with the ETC method to meet this requirement?

Correct Answer for the following Question is given below 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?Reference: https://ppm-help.saas.hpe.com/en/9.42/Help/Content/UG/PjMUG/view_pj_cost_data_costtab.htm Question: Which option would you use in conjunction … Read more

Which three setups can be configured by using Rapid Implementation for Project Financial Management Applications?

Correct Answer for the following Question is given below Which three setups can be configured by using Rapid Implementation for Project Financial Management Applications?Reference: https://docs.oracle.com/cloud/farel12/projectcs_gs/OAPFM/OAPFM2264569.htm#OAPFM2159921 Question: Which three setups can be configured by using Rapid Implementation for Project Financial Management Applications? Options: Project Templates Project Types Departments Expenditure Types Correct Answer The Correct Answer for … Read more

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.

Correct Answer for the following Question is given below 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.Reference: https://docs.oracle.com/cloud/latest/common/FASCC/FASCC1124283.htm Question: You recently made some changes to a project contract and the current … Read more

Which two statements are true about the cross-charge method, Borrowed and Lent?

Correct Answer for the following Question is given below Which two statements are true about the cross-charge method, Borrowed and Lent?References: https://docs.oracle.com/cd/E18727_01/doc.121/e13438/T188094T188101.htm Question: Which two statements are true about the cross-charge method, Borrowed and Lent? Options: Costs or revenue are shared based on transfer price rules with this method. You must set up the contract … Read more

Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these class categories and codes.

Correct Answer for the following Question is given below Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), … Read more