Oracle Project Lifecycle Management Essentials - 1Z1-466 Exam Practice Test

A. Is the single most important work product produced by the Project Manager

B. Is limited to project scope

C. Is limited to the project budget

D. defines the overall project management strategies and approaches

E. Is done in project closure and is done only once

A. time sheets, status reports, and the approved project plan

B. only what was negotiated by the sales team and the Project Manager

C. only what the sales team determines

D. only what the Project Manager decides

A. Define scope of work.

B. Identify and communicate with project stakeholders.

C. Create better project plans.

D. Decreases implementation time.

E. Manage to reduce overall project risk.

F. Effectively transition from the sales (bid) process to Project Start Up

A. The project workplan should be scaled down, rather than tailored up, to the level of discipline appropriate to the identified risks and requirements.

B. The project workplan should be scaled up, rather than tailored down, to the level of discipline appropriate be the identified risks and requirements.

C. The project workplan must be developed from the full OUM work breakdown schedule.

D. The project workplan should be rigorously conformed to an existing set of work products.

A. Iteration Plan

B. Training Plan

C. Implementation Plan

D. Inception Plan

E. Transition Plan

A. Contractual

B. Typical

C. Conventional

D. Intra-business

A. It is Oracle's standard is on configuration of applications.

B. It is appropriate for managing all types of Oracle Consulting engagements.

C. It is used to gather requirements and analyze, design, build, and test custom software.

D. Its main focus is on configuration of applications.

E. It is aligned with the Project management Institute's Project management Body of Knowledge (PMBOK).

F. It provides a framework for development of services that supports enterprise or strategic- level interactions.

A. the project is below budget

B. the project is behind schedule

C. the project is above budget

D. the project is ahead of schedule

E. the project is neither behind nor below schedule

A. AC - Accounting Cost

B. PV - Planned Value

C. EC - Earned Cost

D. AC - Actual Cost

E. EV - Earned Value

F. PC - Planned Cost

A. Employee attrition

B. Interruptions to the business

C. Vendor delivery rates

D. Natural disasters

E. Lack of personal effectiveness