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| Section | Weight | Objectives |
|---|---|---|
| Project Planning, Control and Forecasting | 15% | - Define project budgets and forecasts - Manage project schedules and progress - Set up project controls and performance tracking |
| Program Management and Reporting | 10% | - Configure project performance reporting and KPIs - Set up programs and hierarchies |
| Project Management Cloud Overview and Common Configuration | 15% | - Manage security, roles, duties and user experience - Set up calendars, periods, rate schedules, transaction sources - Describe architecture and components - Configure enterprise settings, reference data sharing |
| Project Billing and Revenue Management | 20% | - Configure cross-charging, transfer pricing - Manage contract billing and revenue accounting - Set up revenue recognition and invoicing |
| Functional Setup Manager and Implementation | 10% | - Configure and manage implementation projects - Use Rapid Implementation Workbook |
| Resource Management | 10% | - Manage resource allocation and utilization - Configure enterprise resource setup |
| Project Costing | 20% | - Set up budgetary controls and cost controls - Integrate with Time and Labor - Configure cost collection, allocations, burdening |
Question 1
Which three are part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?
A. Import Projects.
B. File Import and Export.
C. Upload setup data.
D. Generate CSV files.
E. Prepare setup data.
Question 2
Your customer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose.
A. Project Accounting Periods
B. Accounting Periods
C. PA-GL Periods
D. Calendar Types
E. PA Calendar
Question 3
Your organization has a requirement to retrieve the value of the cost center segment based on the department.
Which source can you use while defining the account rule to achieve this requirement?
A. Event Organization Cost Center Segment
B. Expenditure Business Unit Cost Center Segment
C. Expenditure Organization Cost Center Segment
D. Project Organization Cost Center Segment
Question 4
Select two correct statements about project classifications on a template.
Response:
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.
Question 5
Which four standard objects can you configure to include business specific attributes by using Application Composer for Project Execution Management? (Choose four.)
A. Project Deliverables
B. Project Issues
C. Project Resource Request
D. Project Resource Assignment
E. Project Gates
F. Project Milestones
Solutions:
| Question 1 Answer: B | Question 2 Answer: E | Question 3 Answer: C | Question 4 Answer: A,C | Question 5 Answer: F |
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