Smartsheet Project Portfolio Management
Certification Exam Questions
What are the duties for a project application admin in budgeting and forecasting: -
✔✔ANSW✔✔..Edit budget and forecast planning options
What are the duties for a project manager in budgeting and forecasting: -
✔✔ANSW✔✔..Edit versions, Create, Generate, Submit, Approve, and Review
What are the setup steps at the project type for spreading cost evenly? -
✔✔ANSW✔✔..Capitalization options, Asset allocation cost method, Spread evenly
What are the setups for project organizations? - ✔✔ANSW✔✔..1. Project unit options
2. Project types
3. Project organization classification
What attribute of project unit measures what is billable and the transfer price amount? -
✔✔ANSW✔✔..Summarization options
What contract type would you select if you need to sell items and keep track of
inventory? - ✔✔ANSW✔✔..Sell intent - item - project based
(sell intent - free from - project based = no inventory)
What happens if a project resource requests dates that are outside the resource
calendar effective dates? - ✔✔ANSW✔✔..The resource will have no availability capacity
score (the application cannot calculate it)
What happens when you Maintain Enterprise Labor? - ✔✔ANSW✔✔..Attributes that the
project enterprise resources are assigned to:
1. create resources
2. remove resource availability for staffing
3. update resource To Date
4. maintain search index
, What happens when you rebuild a new burden schedule? - ✔✔ANSW✔✔..The new
burden tasks do not apply to old expenditure items and you must perform adjustments
manually and reprocess
What is a project and task owning organization? - ✔✔ANSW✔✔..An organization (which
is used for security, reporting, and accounting) can own projects and tasks. For them to
be eligible, you must assign the Project Task Owning Organization classification and
assign it to the hierarchy.
What is the accounting if you bill before generating revenue? What would the invoice
accounting be? - ✔✔ANSW✔✔..Debit: receiving transactions
Credit: deferred revenue
What is the precedence for rate schedules? - ✔✔ANSW✔✔..Override rate -
Labor/nonlabor schedules - Job schedules - Resource class schedules
What is the process when a contract is under amendment? - ✔✔ANSW✔✔..Pending
Approval, Pending Acceptance, Active
What is the relationship between deliverables, tasks, and assignments? / Can
deliverables for projects and tasks be inherited from associated requirements? -
✔✔ANSW✔✔..1. A deliverable associated with a requirement is not automatically
associated with tasks created
2. You associate a deliverable with a task independent of associating a requirement
with a task
At what levels can you set up project control? - ✔✔ANSW✔✔..Project and resource
levels
Calculate the forecast method for the remaining month: Budget $1000 per month for 5
months, Cost $800, Commitment $600. - ✔✔ANSW✔✔..$1000x5 months= $5000,
$600+$800=$1400, $5000-$1400=$3600, $3600/4 months remaining=$900
Can I change the project currency for a project? - ✔✔ANSW✔✔..Yes - from the project
details region in the basic information tab by selecting the top-level task
Can I delete a deliverable that is associated with a task? - ✔✔ANSW✔✔..No - you
cannot delete deliverables that are associated with tasks, backlog items, or
requirements. You can, however, dissociate deliverables from a task.
Can project task planned dates be outside the earliest start date and latest end date of
summary tasks and project? - ✔✔ANSW✔✔..Yes - do not roll up task planned dates -
the dates are editable and do not need to coincide with the dates of the planned tasks
Certification Exam Questions
What are the duties for a project application admin in budgeting and forecasting: -
✔✔ANSW✔✔..Edit budget and forecast planning options
What are the duties for a project manager in budgeting and forecasting: -
✔✔ANSW✔✔..Edit versions, Create, Generate, Submit, Approve, and Review
What are the setup steps at the project type for spreading cost evenly? -
✔✔ANSW✔✔..Capitalization options, Asset allocation cost method, Spread evenly
What are the setups for project organizations? - ✔✔ANSW✔✔..1. Project unit options
2. Project types
3. Project organization classification
What attribute of project unit measures what is billable and the transfer price amount? -
✔✔ANSW✔✔..Summarization options
What contract type would you select if you need to sell items and keep track of
inventory? - ✔✔ANSW✔✔..Sell intent - item - project based
(sell intent - free from - project based = no inventory)
What happens if a project resource requests dates that are outside the resource
calendar effective dates? - ✔✔ANSW✔✔..The resource will have no availability capacity
score (the application cannot calculate it)
What happens when you Maintain Enterprise Labor? - ✔✔ANSW✔✔..Attributes that the
project enterprise resources are assigned to:
1. create resources
2. remove resource availability for staffing
3. update resource To Date
4. maintain search index
, What happens when you rebuild a new burden schedule? - ✔✔ANSW✔✔..The new
burden tasks do not apply to old expenditure items and you must perform adjustments
manually and reprocess
What is a project and task owning organization? - ✔✔ANSW✔✔..An organization (which
is used for security, reporting, and accounting) can own projects and tasks. For them to
be eligible, you must assign the Project Task Owning Organization classification and
assign it to the hierarchy.
What is the accounting if you bill before generating revenue? What would the invoice
accounting be? - ✔✔ANSW✔✔..Debit: receiving transactions
Credit: deferred revenue
What is the precedence for rate schedules? - ✔✔ANSW✔✔..Override rate -
Labor/nonlabor schedules - Job schedules - Resource class schedules
What is the process when a contract is under amendment? - ✔✔ANSW✔✔..Pending
Approval, Pending Acceptance, Active
What is the relationship between deliverables, tasks, and assignments? / Can
deliverables for projects and tasks be inherited from associated requirements? -
✔✔ANSW✔✔..1. A deliverable associated with a requirement is not automatically
associated with tasks created
2. You associate a deliverable with a task independent of associating a requirement
with a task
At what levels can you set up project control? - ✔✔ANSW✔✔..Project and resource
levels
Calculate the forecast method for the remaining month: Budget $1000 per month for 5
months, Cost $800, Commitment $600. - ✔✔ANSW✔✔..$1000x5 months= $5000,
$600+$800=$1400, $5000-$1400=$3600, $3600/4 months remaining=$900
Can I change the project currency for a project? - ✔✔ANSW✔✔..Yes - from the project
details region in the basic information tab by selecting the top-level task
Can I delete a deliverable that is associated with a task? - ✔✔ANSW✔✔..No - you
cannot delete deliverables that are associated with tasks, backlog items, or
requirements. You can, however, dissociate deliverables from a task.
Can project task planned dates be outside the earliest start date and latest end date of
summary tasks and project? - ✔✔ANSW✔✔..Yes - do not roll up task planned dates -
the dates are editable and do not need to coincide with the dates of the planned tasks
