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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

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

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

2. By using Project Integration Gateway, a person can use Global Data model to provide the capability to set up the integration for a business unit and a project unit combination. Based on this information, identify two true statements regarding this integration model.

A) Business unit providesFinancial periods and currency
B) Business unit provide planning resource breakdown structure.
C) Projectunitprovides financial periodsand currency
D) Project unitprovides resources.

3. Select the appropriate phrase to fill in the blanks below.
Non-exclusive relationships between multiple projects and tasks with contracts and contract lines is a capability delivered by using_________

A) Project Contract-based costing
B) Project Contract-based billing
C) Contract Team Connect
D) Project Contract Collection Center

4. Identify two important aspects of the Non-Labor Bill Rate Schedules.

A) They do not allow the mark up percentage to be O.
B) Theyallow expenditure types to be used along with arateor a markup percent.
C) They are job-based rate schedule
D) They are expenditure Type based rate schedules

5. Select the contract status in which the contract can be reverted to a pervious active version.

A) Underamendment status
B) Under amendment status and approved
C) In pending acceptance status
D) In draft status

Solutions: