Oracle Project Management Cloud 2020 Implementation Essentials : 1z0-1057-20

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 range
• B. single threshold level value
• C. multiple threshold levels
• D. multiple threshold level value

You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three

• A. Allocate to all eligible tasks and prorate the allocation by the actual raw cost accrued for each task during the previous accounting period
• B. Define allocation basis by using Actual Amounts with a period-to-date amount class.
• C. Allocate rental costs once each accounting period by using the "full" allocation method.
• D. Define allocation basis by using Actual Amounts with a project-to-date amount class.
• E. Allocate rental costs once each accounting period by using the "spread evenly" allocation method.

Select two correct statements about project classifications on a template. (Choose two.)

• A. When a project is created from a template, the required project classifications must be entered.
• B. Project Classification is a mandatory field on a project template.
• C. Set Code is not required for a project class category in a project classification.
• D. Project class category in a project classification must be associated with a Set Code.

You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Portfolio Management with tasks and subtasks applicable to each of the phases of the project:
Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works. Identify the two correct statements in this respect. (Choose two.)

• A. A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
• B. A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
• C. The association of a deliverable with a task is dependent on associating a requirement with a task.
• D. You associate a deliverable with a task, independent of associating a requirement with a task.

Which three are true of what you can do in the Project Requirements work area?

• A. Manage your list of backlog items.
• B. Create an execution project.
• C. Create project tasks for backlog items.
• D. Organize backlog items by requirements.
• E. Create an implementation project.