Project Portfolio Management Certification
Exam Questions and Answers Verified
What are the 3 offerings on Project Financial Management? - Answer Burdening, Capital Projects, and
Project Integration Gateway
What is the process when a contract is under amendment? - Answer Pending Approval, Pending
Acceptance, Active
If the spread curve is 0-2-4-8-10-8-6-4-2-0, what is it called? - Answer Bell curve (a bell shaped
distribution of values with the middle being the highest)
What revenue generation method would you use if the log is 0 or you are sitting on your costs? - Answer
Amount based (revenue recognized as billing events are completed)
Every time a project is greater than or equal to the threshold, it is shown as critical. What KPI threshold
is this called? - Answer Single threshold level value (less than the threshold would be at risk)
Give two reason why your organization tree would be inactive: - Answer You clicked create tree and/or
clicked create tree version
You are creating costs in ADFDI. You are not able to find the expenditure type. / You have defined two
expenditure types, but they are not available when you enter the expenditure batch. Why? - Answer The
project reference data set has not yet been assigned to the project unit or business unit
You want to restrict employees from editing different projects. Name two tasks to do this: - Answer
Organization Tree and Project Accounting Business Function
You are creating a project payable invoice and cannot find the expenditure organization. Why? - Answer
Organization tree and not classified as an expenditure organization
Where do you go to copy roles? - Answer Security console
, Name two correct statements pertaining to project classifications on a project template: - Answer There
is a max of 20 classifications and the classification field is not mandatory (they can be added or deleted)
Identify two reference data objects for which the default set assignments can be done for a business
unit: - Answer Project accounting definition and project rates
Identify two reference data objects for which the default set assignments can be done for a project unit:
- Answer Project definition and project transaction types
Identify two abstract roles in PPM: - Answer Project team member and Project manager/creator
What are the setup steps at the project type for spreading cost evenly? - Answer Capitalization options,
Asset allocation cost method, Spread evenly
Name four levels where rate schedules can be set: - Answer Person, Job, Resource Class, and Nonlabor
Select 2 default planning options that are included in a Financial Plan Type: - Answer Budget versions
and Forecast versions
Identify 3 formation types available for defining invoice header: - Answer Event, Labor, and Nonlabor
Identify 4 predefined resource classes where spread curves can be assigned: - Answer Labor, Equipment,
Material Items, and Financial Resources
What is the security hierarchy from highest to lowest? - Answer Job role - Duty role - Data role
Identify 2 predefined calendar types that can be utilized to create period profiles: - Answer Accounting
Calendar and Project Accounting Calendar
What is the relationship between project units and business units? - Answer Many to Many
Exam Questions and Answers Verified
What are the 3 offerings on Project Financial Management? - Answer Burdening, Capital Projects, and
Project Integration Gateway
What is the process when a contract is under amendment? - Answer Pending Approval, Pending
Acceptance, Active
If the spread curve is 0-2-4-8-10-8-6-4-2-0, what is it called? - Answer Bell curve (a bell shaped
distribution of values with the middle being the highest)
What revenue generation method would you use if the log is 0 or you are sitting on your costs? - Answer
Amount based (revenue recognized as billing events are completed)
Every time a project is greater than or equal to the threshold, it is shown as critical. What KPI threshold
is this called? - Answer Single threshold level value (less than the threshold would be at risk)
Give two reason why your organization tree would be inactive: - Answer You clicked create tree and/or
clicked create tree version
You are creating costs in ADFDI. You are not able to find the expenditure type. / You have defined two
expenditure types, but they are not available when you enter the expenditure batch. Why? - Answer The
project reference data set has not yet been assigned to the project unit or business unit
You want to restrict employees from editing different projects. Name two tasks to do this: - Answer
Organization Tree and Project Accounting Business Function
You are creating a project payable invoice and cannot find the expenditure organization. Why? - Answer
Organization tree and not classified as an expenditure organization
Where do you go to copy roles? - Answer Security console
, Name two correct statements pertaining to project classifications on a project template: - Answer There
is a max of 20 classifications and the classification field is not mandatory (they can be added or deleted)
Identify two reference data objects for which the default set assignments can be done for a business
unit: - Answer Project accounting definition and project rates
Identify two reference data objects for which the default set assignments can be done for a project unit:
- Answer Project definition and project transaction types
Identify two abstract roles in PPM: - Answer Project team member and Project manager/creator
What are the setup steps at the project type for spreading cost evenly? - Answer Capitalization options,
Asset allocation cost method, Spread evenly
Name four levels where rate schedules can be set: - Answer Person, Job, Resource Class, and Nonlabor
Select 2 default planning options that are included in a Financial Plan Type: - Answer Budget versions
and Forecast versions
Identify 3 formation types available for defining invoice header: - Answer Event, Labor, and Nonlabor
Identify 4 predefined resource classes where spread curves can be assigned: - Answer Labor, Equipment,
Material Items, and Financial Resources
What is the security hierarchy from highest to lowest? - Answer Job role - Duty role - Data role
Identify 2 predefined calendar types that can be utilized to create period profiles: - Answer Accounting
Calendar and Project Accounting Calendar
What is the relationship between project units and business units? - Answer Many to Many
