1Z0-1008 Oracle Project Portfolio Management Cloud 2018 Implementation Essentials

Exam Title: Oracle Project Portfolio Management Cloud 2018 Implementation Essentials
Exam Number: 1Z0-1008
Exam Price: $245.00 More on exam pricing
Format:  Multiple Choice
Duration: 120 Minutes
Number of Questions: 76
Passing Score: 60%
Validated Against:  This exam has been validated against 18B. (Previous version of this exam was validated against R13, and originally R12 in 2017)

Associated Certification Paths
Passing this exam is required to earn these certifications. Select each certification title below to view full requirements.

Oracle Project Portfolio Management Cloud 2018 Certified Implementation Specialist

Recommended Training
Take Recommended Training Courses

Complete one of the courses below to prepare for your exam (optional):
Oracle Project Portfolio Management Cloud Learning Subscription (Individuals & Companies)
Oracle Project Portfolio Management Cloud Learning Subscription (Partners)

Additional Preparation and Information
A combination of Oracle training and hands-on experience (attained via labs and/or field experience) provides the best preparation for passing the exam.

Project Portfolio Management overview
Describe the components of Oracle Cloud Project Portfolio Management
Explain the components available for integration

Applications Security Overview
Describe the Applications Security Console
Identify the roles delivered in a seeded security implementation
Manage roles and duties

Configure Common Applications
Set up Enterprise Structures Units
Manage Reference Data sharing

Configure Project Foundation
Set up Project Calendars and Periods
Setup Types and Categorizations
Set up Project Roles
Manage Project Resources
Describe Rate Schedules
Describe Project Types
Explain Action Controls (Microsoft Project Integration)
Set up Transaction Sources
Manage Project Statuses

Configure Project Control
Configure the Resource Breakdown Structure
Setup Plan Types
Set up Project Budgets and Forecasts
Describe Project templates
Describe Financial Plans vs Project Plans

Configure Project Performance Reporting
Configure Key Performance Indicators for project performance reporting

Configure Project Resource Management
Configure Project Labor Enterprise Resources
Set up Resource Pools
Set up Talent Profile Content

Navigation, User Experience, and Personalization
Describe the business processes that are supported by approvals and workflows
Set up approval and notification tasks
(NEW FOR 18B) Describe Navigation, User Experience and Personalization Concepts

Functional Setup Manager
Describe the Functional Setup Manager
Manage an implementation project
Describe the Rapid Implementation Workbook

Common project configuration
Explain common project configuration in Project Performance Management
Manage Subledger Accounting

Configure Project Costing
Configure Project Cost Collection Center
Manage Burdening Schedules
Manage Allocations
Explain capitalized interest calculations
Describe Budgetary Controls
Configure Time & Labor for projects
Configure Integration Options
Describe Integration Methods

Configure Project Billing
Configure the Project Contract Model
Set up Revenue Recognition
Set up Project Invoicing
Configure Project Cross Charging and Transfer Pricing
Describe Borrowed and Lent vs Intercompany / Interproject Billing
(NEW FOR 18B) Revenue Accounting in Revenue Management Cloud

Configure Project Management
Describe common project execution components
Set up Project and Task codes
Set up Issue and Deliverable types
Describe project requirements
Set up Project Enterprise Structures
Configure Social Network for Project Execution
(NEW for R13) Manage Project Gates
(NEW for R13) Explain additional Descriptive Flex Fields
(NEW FOR 18B) Application Composer for Project Execution Managment

Project Reporting
Configure Infolets for PPM
Describe Oracle Transactional Business Intelligence (OTBI)

Question: 1
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.)

A. Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
B. Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.
C. Use the predefined Bell Curve spread with small deviations on the spread points.
D. Use the predefined S-Curve spread with small deviations on the spread points.

Answer: B,C

Question: 2
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.)

A. You used Create Tree in the action menu.
B. You used Create Tree Version in the action menu.
C. You used View Tree Version in the action menu.
D. You selected the Edit icon for opening the hierarchy.
E. You opened the hierarchy by clicking the name.

Answer: A,D

Question: 3
In your customer site, the capitalized interest calculation is implemented on their project types.
Which option represents the costs considered in the interest calculation? (Choose the best answer.)

A. common costs on the project/task
B. expenditure type exclusions on the Capitalized Interest rate name
C. expenditure type exclusions on the Capitalized Interest rate schedules
D. expenditure items whose cost spreads across multiple assets that are capitalized
E. expenditure items whose costs are applied to a single asset or multiple assets

Answer: E

 

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