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| Section | Objectives |
|---|---|
| Topic 1: Project Execution Management | - Resource Management
|
| Topic 2: Project Financial Management | - Project Budgeting and Forecasting
|
| Topic 3: Project Foundation Setup | - Enterprise Structure Configuration
|
| Topic 4: Integration and Reporting | - Data Integration
|
| Topic 5: Security and Administration | - Application Maintenance
|
1. 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 Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
B) 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.
C) 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.
D) Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
2. 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.
What is the reason for this problem?
A) You can enable automatic reprocessing of expenditure items processed before the burden schedule change.
B) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier cannot be reprocessed.
C) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
D) All expenditure items charged to the task use the new burden schedule.
3. Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes
/No. But on creation of a project, you are unable to associate these class categories and codes.
Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)
A) Class codes should be assigned to project unit.
B) Class categories should be assigned to project type.
C) Class categories should be assigned to business unit.
D) Class codes should be associated with a related set code.
4. Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)
A) If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.
B) If the "Allow resource changes at project level" option is set to No for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
C) If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
D) If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.
5. Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.
Which reference data sharing method would you set up to meet the customer requirement? (Choose the best answer.)
A) assignment to multiple sets; no common values allowed
B) assignment to one set only; no common values allowed
C) assignment to one set only with common values
D) assignment to multiple sets; common values allowed
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: C | Question # 3 Answer: B,D | Question # 4 Answer: B | Question # 5 Answer: A |
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