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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Select two important features of Standard Cost Collection Flex field.

A) allows customers to validate, calculate cost, and import any type of transactions that are captured internally or externally using a single process
B) unique I-reject cost collection requirements that are presented differently acrossall applications
C) disintegrated means to capture, store, display, query, and reportproject-related attributes in their respective applications
D) unique project costcollection requirements thatare configured centrally

2. What does Project Performance Reporting, a specialized analytics tool, leverage?

A) Financial Reporting Center
B) Essbase
C) OTBI
D) BI Publisher

3. Project managers typically have the need to plan for granular labor resources, whereas only high-level planning is sufficient for financial purposes. Identify the two true statements about the Project Integration Gateway in this background.

A) You are allowed to create non-integrated resources manually in Primavera.
B) The summary information does not become a resource class resource assignment in Oracle Fusion PPM.
C) When you import the project plan, all planning for non-integrated resources is summarized by WBS.
D) When you import the project plan, all planning for non-integrated resources is summarized by Project class.

4. Identify two restrictions that are applied by Oracle Fusion PPM, when exporting a new project from Microsoft Project.

A) The source projector template must allowfor third-party scheduling.
B) The primary planning resource breakdown structure associated with the projector template must allow changes at the project level.
C) A baseline for the projectplan must beset.
D) You must generate a budget version and-create a baseline,
E) You must selecta source project of template

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

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

Solutions: