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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. When implementing Project Performance Reporting, the client has provided the following scenario:
1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
2.As long as the project cost is less than the threshold, the project should be shown as on-track.
Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?

A) single threshold level range
B) multiple threshold levels
C) multiple threshold level value
D) single threshold level value

2. Identify the mandatory setup step under Project Invoicing options when you use Fusion Project Billing with Fusion receivables?

A) Specify Billing cycles
B) Define Project Billing DescriptiveFlex Fields
C) Specify Override reasons
D) Specify unit of measure for invoicelines sent to Fusion receivables

3. Project Analytics in Fusion Applications provides the project commitment summary. Select three additional commitment sources provided by Project Analytics.

A) Requisitions
B) Timecards
C) Purchase Orders
D) PO Receipts
E) Unaccounted Supplier Invoices

4. Select the appropriate option to fill in the blank below.
A person is allowed to remove transactions when the Project Invoice status is _____

A) Released
B) Draft
C) Accepted
D) Transferred

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: