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| Section | Weight | Objectives |
|---|---|---|
| Resource Management and Capacity Planning Updates | 25% | - Resource assignment and utilization improvements - Capacity planning and forecasting enhancements - Resource calendar and scheduling updates |
| Analytics and Reporting Enhancements | 20% | - Project performance reporting updates - Data visualization and reporting features - New dashboards and analytics tools |
| Project Financial Management Enhancements | 30% | - Revenue recognition rule changes - Costing and control functionality updates - Project billing configuration updates |
| New Features in Project Foundation | 25% | - Setup and configuration improvements - Project classification and organization updates - Project type and template enhancements |
1. In a Project Draft Invoice preview, quantity (hours) and unit price (bill rate) are shown as fields on the invoice. Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantity of 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)
A) The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.
B) The project sends only the invoice header and invoice line description to Receivables, not the invoice distributions.
C) The project sends only the invoice header to Receivables, not the invoice line description and distributions.
D) The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.
2. Which three are true of what you can do in the Project Requirements work area?
A) Manage your list of backlog items.
B) Create an execution project.
C) Create an implementation project.
D) Create project tasks for backlog items.
E) Organize backlog items by requirements.
3. Which three setups can be configured by using Rapid Implementation for Project Financial Management Applications?
A) Project Templates
B) Expenditure Types
C) Project Class Categories
D) Work Type
E) Project Types
4. Identify three correct statements about project types. (Choose three.)
A) Classifications can be assigned at project type.
B) Project type can be used as a source in subledger accounting.
C) Summarization options can be specified at project type.
D) Project type can be associated with multiple project units.
E) Project type can be enabled for both billing and capitalization.
5. 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 I O 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 the resource class.
B) Use the predefined S-Curve spread with small deviations on the spread points.
C) Use the predefined Beli Curve spread with small deviations on the spread points.
D) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,D,E | Question # 3 Answer: A,B,E | Question # 4 Answer: B,C,D | Question # 5 Answer: A,D |
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