1z0-1008: Oracle Project Portfolio Management Cloud 2018 Implementation Essentials

Your customer wants a project start date to cascade to the project tasks, bust does not want the finish date to be cascade. Identify the default setup in a project template that can be used to enable this.

Do not cascade date changes.
Cascade change to the start date and the finish date.
Cascade change to the finish date.
Cascade change to the start date.

Correct answer: A

Explanation:

Reference: http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20384/F552279AN65801.htm

Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China and added a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit.

Why is the project accountant unable to see the transactions for the China business unit?

Data Access for the China business unit has not been assigned to the user against the relevant job role.
The China business unit is associated with a different legal entity than the US and UK business units.
The job role relevant to the China business unit is not assigned to the project accountant.
The US and UK business units are linked to different ledges than the China business unit.

Correct answer: B

Explanation:

As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter.

Identify the reason for this problem.

You can enable automatic reprocessing of expenditure items processed before the burden schedule change.
Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier cannot be reprocessed.
All expenditure items charged to the task use the new burden schedule.
Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.

Correct answer: D

Explanation:

Reference: https://docs.oracle.com/cloud/r13_update17b/projectcs_gs/OAPJC/OAPJC1071490.htm#OAPJC1071482

You are implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-charge transactions happen between business units within the same legal entity. Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.

Identify two setups that can drive this borrowed and lent agreement.

Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
Transfer price basis must be Raw Cost and calculation method must be Basis Only.
A document entry such as straight time must be enabled for cross-charge transactions.
Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.

Correct answer: CD

You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for a billable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.

The program’s processing summary is as follows:

Billing Event Errors 0

Ineligible Contracts 0

Successful Billing Events Created 0

Ineligible Contract Lines 0

Billing Transaction Exception Warnings 0

Ineligible Associated Projects 0

Draft Invoice Exception Errors 0

Ineligible Events 0

Draft Invoice Exception Warnings 0

Successful Draft Invoices 0

What was the invoice method classification set to that caused this behavior?

Amount Based
Percent Complete
Rate Based
As Incurred

Correct answer: A

Explanation:

Reference: https://docs.oracle.com/cd/E51367_01/projectop_gs/OAPJB/F1087458AN139C2.htm

Your business user has created a purchase order (PO) that has the following attributes:

Accrue at Receipt = Yes

Matching Option = 2 way

Receipt Close Tolerance = 100%

After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the “Import and Process Cost transactions” ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as “Oracle Payables.” The user notices that there is no cost transferred to the projects. Identify two reasons for this problem.

When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.
When you have an AP invoice that is matched against a PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.
When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects only if there are accounted receipt lines.
When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to project by Payables.

Correct answer: BC

Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets based on the construction-in-process cost of each asset. Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement.

Estimated Cost
Standard Unit Cost
Current Cost
Spread Evenly
Actual Unit

Correct answer: C

Explanation:

Reference: https://docs.oracle.com/cloud/farel9/projectcs_gs/OAPJC/F1071495AN175A1.htm

Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocate them to various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task.

Which allocation basis method would you use to meet this requirement?

prorate
target percentage and prorate
spread evenly
target percentage and spread evenly

Correct answer: C

Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources. After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost amounts associated with the resources, you suspect that the cost association does not match your client’s expectations.

Identify two valid rules based on which cost association works.

If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with the lowest number at the lowest level.
If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
If a transaction maps to more than one level, Oracle PPM Cloud sums the precedence numbers for all resource types in the branch, and gives precedence to the resource element in the branch with the highest sum.
If one branch contains a user-defined resource type, precedence is given to the branch that contains a user –defined resource type.

Correct answer: AD

Explanation:

Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22598/F458900AN13D82.htm

Which three tools are available for accessing REST APIs?

Programming Language
Web Browser
cURL
Oracle Transactional Business Intelligence

Correct answer: BCD

Explanation:

Vendor:	Oracle
Exam Code:	1z0-1008
Exam Name:	Oracle Project Portfolio Management Cloud 2018 Implementation Essentials
Date:	Jun 07, 2019
File Size:	27 KB

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