Oracle Fusion Project Portfolio Management 2014 Essentials

Question 1

During an implementation, one of your consultants wants to understand the order in which Fusion PPM searches for the Labor Costing Overrides, Identify the advice that should be shared with the consultant to help him or her obtain an accurate understanding of the order. In which Fusion PPM searches for the Labor Costing Overrides.

A. Person and Organize> Ion Combination -> Person andJob Combination___> Person

B. Person---> Person and Job Combination ---> Person, Job and OrganizationCombination

C. Person,Joband Organization Combination- ->Person and Job combination

D. Person, Job and Organization Combination---->Personand Job Combination---->Person

Correct Answer: B

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 2

Select two true statements regarding OTBI.

A. OTBI helps in strategic decision such as "Is it worthwhile forme executeprojects for thiscustomer"?

B. OTBI helps in tactical reporting such as helping in decisions such as "Do I need more resources on this project"?

C. OTBI is thebusiness solution that helpsin current state analysis.

D. OTBI helpsin performingtrend analysiswith unlimited historical data

Correct Answer: A,B,C

Question 3

Most Project Management solutions are plagued with the configurations that have financial and project management reference data intertwined. By introducing which two concepts has Fusion PPM.

A. Business Unit

B. SetID

C. PPM specific organization hierarchy

D. Project Unit

E. Organization Classification

Correct Answer: A,E

Question 4

Identify two key business value propositions of Fusion Project Portfolio Management.

A. elimination ofexception-based management

B. enhanced user productivity and reduced supportcosts

C. improveddecision-making by answering keybusiness questions while users enter transactions

D. reducedcommunicationand collaboration by creating a community forthe project team

Correct Answer: A,C

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 5

Identify which item is editable at the Project level

A. Planning Amount

B. Workflows

C. Default FinancialType

D. Multiple Transaction Currencies

E. Third-party Scheduling

Correct Answer: B

Question 6

Capitalization Options on a project type allows you to use cost allocation methods to automatically distribute which two types of costs across multiple assets?

A. costs attributable to a specific asset

B. common costs

C. indirect costs

D. non-capitalizablecosts

Correct Answer: A,C

Question 7

When implementing Project Performance Reporting, the client has provided the following scenario:
1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
2.As long as the project cost is less than the threshold, the project should be shown as on-track.
Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?

A. single threshold level value

B. multiple threshold level value

C. single threshold level range

D. multiple threshold levels

Correct Answer: A

Question 8

You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be met for this to be possible?

A. Invoice has no payments.

B. Invoice is released.

C. Credit memo is created.

D. Invoicehas no adjustment or crediting Invoices applied to it.

Correct Answer: C

Oracle Fusion Project Portfolio Management 2014 Essentials - 1z0-498 Exam Practice Test

Latest Update

Useful Links

Contact Us