Oracle Project Portfolio Management Cloud 2017 Implementation Essentials

Here you have the best Oracle 1z0-964 practice exam questions

  • You have 46 total questions to study from
  • Each page has 5 questions, making a total of 10 pages
  • You can navigate through the pages using the buttons at the bottom
  • This questions were last updated on November 25, 2024
Question 1 of 46

Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles: 0-4-10-11-14-13-10-4-0-0.

Identify two ways to handle this kind of a spread on their budgets and forecasts. (Choose two.)

    Correct Answer: A, B

    To handle the given cost spread distribution factor, you have two main ways to incorporate it into budgets and forecasts. First, you can create a new spread curve or edit an existing spread curve to exactly match the cost spread points and then attach this spread curve to a project template. Second, you can create a new spread curve or edit an existing spread curve to exactly match the spread points and then attach it to the resource class. Both methods allow for precise alignment with the identified cost spread distribution.

Question 2 of 46

While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive.

Identify the two reasons for the organization tree to be in Inactive status. (Choose two.)

    Correct Answer: A, B

    The organization tree can be in an Inactive status if you have used Create Tree in the action menu or used Create Tree Version in the action menu. Creating a new tree or a new tree version signifies that the tree or its version is in the process of being defined and has not yet been activated or made live, thus it will be in an Inactive status. Viewing or opening the tree or its version does not change the status, while editing typically implies making modifications to an existing active tree or version.

Question 3 of 46

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. (Choose the best answer.)

    Correct Answer: B

    The reason the burden amounts calculated do not seem to be right is that only new expenditure items charged to the task use the new burden schedule. Expenditure items processed earlier can be manually marked for reprocessing to account for the burden schedule override that was done during the second month of the quarter.

Question 4 of 46

Select two correct statements about project classifications on a template. (Choose two.)

    Correct Answer: C, D

    When a project is created from a template, the required project classifications must be entered. Additionally, the project class category in a project classification must be associated with a Set Code. These elements ensure that project classifications are correctly defined and categorized, which is crucial for project management and reporting.

Question 5 of 46

Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)

    Correct Answer: A, D

    The correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security are the Project Manager Template and the Project Administrator Template. These roles are specifically designed to provide the required permissions and access levels needed to manage and administrate projects within an organization, ensuring proper project governance and oversight.