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Oracle 1Z1-1008 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Project Portfolio Management Cloud 2018 Implementation Essentials |
| Exam Number: | 1Z0-1008 |
| Exam Format: | Multiple Choice |
| Available Languages: | English |
| Recommended Training: | Oracle University Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: |  |
| Exam Way: | Online / Proctored exam via Oracle testing delivery system |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1Z1-1008 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Project Management | - Project Templates and Configurations - Project Execution and Monitoring - Project Creation and Setup |
| Topic 2: Oracle Project Portfolio Management Cloud Overview | - PPM Cloud Architecture and Key Components - Implementation Overview and Business Flow |
| Topic 3: Reporting and Integration | - Integration with Other Oracle Cloud Applications - Reporting and Analytics |
| Topic 4: Project Financial Management | - Project Billing and Revenue Recognition - Project Costing - Budgeting and Forecasting |
| Topic 5: Resource Management | - Resource Pools and Staffing - Capacity Planning |
| Topic 6: Configuration and Security | - Setup and Configuration of PPM Cloud - Security Roles and Access Control |
| Topic 7: Project Portfolio Management | - Portfolio Definition and Prioritization - Scenario Modeling and Analysis |
Measurable Oracle Project Portfolio Management Cloud 2018 Implementation Essentials Prep: Questions Answered
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The Oracle Project Portfolio Management Cloud 2018 Implementation Essentials blueprint covers these core domains:
- Reporting and Integration
- Resource Management
- Project Portfolio Management
Further domains complete the official outline; the question bank addresses all of them.
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Oracle Project Portfolio Management Cloud 2018 Implementation Essentials Sample Questions:
Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statements about the periodic project labor demand. (Choose two.)
- A. Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
- B. Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
- C. Labor Demand FTE is calculated as Monthly Allocation hours divided byMonthlyFTE hours, if a period is used as the basis for viewing labor demand.
- D. Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
Correct Answer: B,D 🗳️
Explanation: Only visible for Real4Prep members. You can sign-up / login (it's free).
You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Portfolio Management with tasks and subtasks applicable to each of the phases of the project:
Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want todefine deliverables for your project requirementsthat are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works.Identify the two correct statements in this respect. (Choose two
- A. A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
- B. A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
- C. The association of a deliverable with a task is dependent on associating a requirement with a task.
- D. You associate a deliverable with a task,independent of associating a requirement with a task.
Correct Answer: A,D 🗳️
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Which application would you use to map application roles to external roles? (Choose the best answer.)
- A. Oracle Identify Manager
- B. BPM Work List
- C. Authorization Policy Manager
- D. Security Console
Correct Answer: C 🗳️
Explanation: Only visible for Real4Prep members. You can sign-up / login (it's free).
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
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 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? (Choose the best answer.)
- A. Percent Complete
- B. As Incurred
- C. Rate Based
- D. Amount Based
Correct Answer: D 🗳️
Explanation: Only visible for Real4Prep members. You can sign-up / login (it's free).
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 classification with a revenue method of Percent Spent.
- B. Create a revenue method classification with a revenue method of Percent Complete.
- C. Create a revenue method with a revenue method classification of Rate Based.
- D. Create a revenue method with a revenue method classification of Amount Based.
Correct Answer: C 🗳️
