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Oracle Project Management Cloud 2025 Implementation Professional Sample Questions:

1. Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)

A) Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule
B) Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule
C) Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate
D) Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule
E) Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule

2. Which four standard objects can you configure to include business specific attributes by using Application Composer for Project Execution Management? (Choose four.)

A) Project Resource Assignment
B) Project Deliverables
C) Project Issues
D) Project Resource Request
E) Project Milestones
F) Project Gates

3. You want to create a few project roles so as to restrict access in the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (Choose two.)

A) Project Team Member- Security based on Project Assignment
B) Project Manager- Security based on Project Assignment
C) Project Executive- Security based on Project Hierarchy
D) Project Billing Specialist- Security based on Contract BU
E) Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue

4. Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displays labor demand information. (Choose the best answer.)

A) The current date is used for calculating labor demand for the current year.
B) The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
C) The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015.
D) The current period start date is used for calculating labor demand for the current year.

5. Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types.
Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)

A) Create a revenue method with a revenue method classification of Rate Based.
B) Create a revenue method classification with a revenue method of Percent Complete.
C) Create a revenue method with a revenue method classification of Amount Based.
D) Create a revenue method classification with a revenue method of Percent Spent.

Solutions: