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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. In one of your implementations, you are required to synchronize the Fusion Project Information with Microsoft Project. During synchronization, you realize that the default settings are configured so that the project attributes are transferred. Identify four attributes that are imported into Microsoft Project.

A) task attributes
B) resources
C) actual quantities and costs
D) scheduling and progress
E) task structure

2. Identify the true statement regarding an expenditure item.

A) An expenditure item can be adjusted on both billable and capitalizeable attributes of a transaction.
B) An expenditure item con be adjusted only on the billableattributes of atransaction.
C) An expenditureitem can be adjusted only on the capitalizable attributes of a transaction.
D) An expenditure Item cannotbe adjusted on any attributes of transcation.

3. Your client is implementing Fusion Applications for his or her organization and intends to transform the complete costing process through the use of Fusion PPM. One of the concerns the client has is that the user community is required to pick expenditure types from a long list, which are hot specific to their departmental expenses. Identify there levels of filtering that will help you address this concern in Fusion PPM.

A) filter expenditure types based on the set assigned to the expenditure types
B) filterexpenditure types based on the set assigned to the Organization Hierarchy
C) filterexpenditure types bused on the Project Unit that owns the project
D) filter expenditure typesbased onthe set assigned to the project unit

4. Your company has set up the burdening functionality to capture the overhead costs incurred on all projects. It has been decided that these overhead costs will be stored as a separate expenditure item performed to set up the required expense account?

A) Set up the total burdened cost credit SLA.
B) Set up the burden cost clearing account SLA.
C) Set up the account at the expenditure category defined for the burden transaction.
D) Set up the burden cost account SLA,
E) Set up the account at the expenditure type defined for the burden transaction.

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

A) improveddecision-making by answering keybusiness questions while users enter transactions
B) enhanced user productivity and reduced supportcosts
C) elimination ofexception-based management
D) reducedcommunicationand collaboration by creating a community forthe project team

Solutions: