1z0-1057 Oracle Project Portfolio Management Cloud 2019 Implementation Essentials - Practice Questions

Question 4

Which two statements are true about a project in “Draft” status? (Choose two.)

Select all that apply, then click Submit answer.

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Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.
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Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.
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Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
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Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.

Reference / correct answer:

Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.

Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.

Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEM/OAPEM1122096.htm The following table lists the project statuses and what you can do with projects in that status. Project Status

What you can do?

Draft

Project managers can view draft projects in the Project Manager Dashboard and use the projects for requirements planning.

Team members can't see the tasks from draft projects on the Team Member Dashboard or in the My Work area.

Active

Project managers can view active projects in the Project Manager Dashboard and use the projects for requirements planning, project execution, and reporting.

Team members can view task assignments on active projects on the Team Member Dashboard and My Work area.

Pending Close

Project managers can view pending projects in the Project Manager Dashboard and use the projects for project tracking, and reporting.

Team members can view task assignments on pending projects on the Team Member Dashboard and My Work area.

Submitted

Project managers can view submitted projects in the Project Manager Dashboard and use the projects for project tracking, and reporting.

Team members can view task assignments on submitted projects on the Team Member Dashboard and My Work area

Closed

Project managers can't view closed projects in the Project Manager Dashboard or use the projects for requirements planning, project execution, and reporting.

Team members can't view tasks of closed projects on the Team Member Dashboard or in the My Work area.

Question 5

Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statements about the periodic project labor demand. (Choose two.)

Select all that apply, then click Submit answer.

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Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a
quarter is used as the basis for viewing labor demand.
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Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
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Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
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Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.

Reference / correct answer:

Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a
quarter is used as the basis for viewing labor demand.

Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.

Reference https://docs.oracle.com/cloud/farel10/projectcs_gs/OAPEM/OAPEM1461017.htm#OAPEM1313472

Project Labor Demand: How It's Calculated

Project executives want to track the labor demand in projects in their organization. The Project Hierarchy Viewer provides project executives a hierarchical view of the enterprise project structure (EPS) along with the labor demand in terms of full-time equivalent (FTE).

Settings That Affect Project Labor Demand

Project application administrators must do the following to set up how project labor demand is calculated: Organize projects into hierarchical groups on the Manage Enterprise Project Structure page.

Change the quarterly FTE hours for the organization on the Define Project Management Implementation Options page, if different from 520 hours.

Note: You can choose to view labor demand annually instead of quarterly. The Project Hierarchy Viewer uses the current date to determine which year or quarter to display.

How Project Labor Demand Is Calculated

The Project Hierarchy Viewer calculates project labor demand in the following manner:

Spreads the allocation hours from the Manage Project Resources page evenly over the days that the resources are allocated to the project.

Divides the quarterly project allocation hours by the quarterly FTE hours to get the labor demand. Rolls up the quarterly and annual labor demand up the hierarchy.

Question 6

Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)

Select an option, then click Submit answer.

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Project Contract-based costing
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Project Contract-based billing
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Project Contract Collection Center
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Contract Team Connect

1z0-1057 – Oracle Project Portfolio Management Cloud 2019 Implementation Essentials