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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. 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) Organization Classification
B) Business Unit
C) SetID
D) PPM specific organization hierarchy
E) Project Unit

2. Identify two statements that are true for Fusion Project Portfolio Management in relation to the Calendar and period management.

A) By using the option of "Maintain common accounting and project accounting periods" you increase the period maintenance activity during the month end.
B) Accounting periods are used to track budgets and forecasts, summarize project amounts for reporting, and track project status.
C) You can use the same calendar for both your project accounting and accounting.
D) You can maintain the statuses of the periods independently, even in spite of using the same calendar.

3. Select the option that enables the transactions from other sub ledger modules that are imported into Project Costing and are in :Rejected" or "Pending for processing" stage to be viewed.

A) Manage Expenditure Items
B) Review Commitment Transactions
C) Manage Unprocessed Transactions
D) ManageUnreleased Expenditure Batches

4. Select two true statements regarding OTBI.

A) OTBI helpsin performingtrend analysiswith unlimited historical data
B) OTBI helps in strategic decision such as "Is it worthwhile forme executeprojects for thiscustomer"?
C) OTBI is thebusiness solution that helpsin current state analysis.
D) OTBI helps in tactical reporting such as helping in decisions such as "Do I need more resources on this project"?

5. Select three things the Major Axis on the Project Plan Gantt Chart timescale show when the minor axis is set to Months.

A) Quarters
B) Days
C) Weeks
D) Half Years
E) Years

Solutions: