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| Section | Objectives |
|---|---|
| Topic 1: Resource Management | - Resource Structures
|
| Topic 2: Security and Implementation Tools | - Security Configuration
|
| Topic 3: Project Billing and Revenue Management | - Contract and Billing Setup
|
| Topic 4: Project Financial Management Setup | - Financial Structures
|
| Topic 5: Project Foundation Setup | - Project Units
|
| Topic 6: Project Execution Management | - Project Planning
|
| Topic 7: Project Cost Management | - Cross-Charge Processing
|
1. Youare 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-chargetransactions 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. (Choosetwo.)
A) Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
B) Transfer price basis must beRaw Costand calculation method must beBasis Only.
C) A document entry such asstraight time must be enabledfor cross-charge transactions.
D) Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
2. You are trying to create a custom infolet but are notable to find the "Create Infolet" option in the Infolet repository window. Whichtwosteps should be completed before you can access the "Create Infolet" option?
A) You must activatePage Composer.
B) You must be in anactive sandbox.
C) You should enable the "Create Infolet" option from the Personalize Springboard page.
D) You should be on the Project Custom Objects page.
3. Which two statements describe how the Resource Qualification Score is calculated?
A) An individual's score is 100% if the resource request has a qualification, but no proficiency is specified, and the resource has the qualification.
B) An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification with a proficiencythat is lower or higher than specified.
C) An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification that meets the specified proficiency.
D) An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource does not have thequalification.
4. Whichfivesteps are required for the File-Based Data Import Integration option?
A) Import data into various applications.
B) Download an Excel template.
C) Upload the file to the server.
D) Run Process to transfer data to interface tables.
E) Populate the spreadsheet with data and generate a CSV file.
F) Install an Excel add-in.
5. You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
AssociatedProject Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)
A) USD 120
B) USD 184
C) USD 70
D) USD 134
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: A,B | Question # 3 Answer: B,C | Question # 4 Answer: B,C,D,E,F | Question # 5 Answer: C |
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