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NEW QUESTION 21
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. The association of a deliverable with a task is dependent on associating a requirement with a task.
  • C. A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
  • D. You associate a deliverable with a task, independent of associating a requirement with a task.

Answer: A,D

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapem/define-project-deliverables.html#OAPEM1122079 Associate deliverables with one or many tasks or requirements at any level. Associate existing deliverables to tasks or requirements or create deliverables directly for tasks or requirements. You can delete a deliverable in New status if it is not associated with tasks or requirements.
Can deliverables for projects and tasks be inherited from associated requirements?
No. A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
You associate a deliverable with a task, independent of associating a requirement with a task.

 

NEW QUESTION 22
While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)

  • A. project organization
  • B. project type
  • C. project classification
  • D. project unit

Answer: B

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjf/define-project.html#OAPJF220111 Asset Cost Allocation Methods The asset cost allocation method determines how indirect or common costs incurred on a project are allocated to multiple assets.
You can specify an asset cost allocation method to enable Oracle Fusion Project Costing to automatically allocate unassigned asset lines and common costs across multiple assets. Unassigned asset lines typically occur when more than one asset is assigned to an asset grouping level.
Projects and project templates inherit a default asset cost allocation method from the associated project type. You can override the default at the project level. If you use capital events to allocate costs, then you can also override the asset cost allocation method at the event level Asset Cost Allocation Methods The following table describes the available asset cost allocation methods.
Method
Basis of Cost Allocation
Actual Units
Number of units defined for each asset
Current Cost
Construction-in-process (CIP) cost of each asset
Estimated Cost
Estimated cost of each asset
Standard Unit Cost
Combination of the standard unit cost and the number of units defined for each asset Spread Evenly Equal allocation of cost to each asset

 

NEW QUESTION 23
Shift is one of the key elements in defining project and resource calendars.
Which two additional key elements are required to define the project and resource calendars? (Choose two.)

  • A. Accounting Calendar
  • B. Schedule Exceptions
  • C. Time off
  • D. Expenditure Type
  • E. Workday Patterns

Answer: B,D

 

NEW QUESTION 24
Which two statements are true about the borrowed and lent cross charge method? (Choose two.)

  • A. This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations
  • B. Internal Invoice is not generated with this method.
  • C. This method allows you to process cross charge transactions across legal entities.
  • D. You must set up a contract business unit to use this method.

Answer: B,D

 

NEW QUESTION 25
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