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1Z0-466 Online Practice Questions and Answers

Questions 4

Which is true about OUM Manage?

A. It emphasizes clearly documenting the scope of the project and the exact procedures to implement changes to this scope.

B. It is not possible to control the project timeline without a detailed project plan.

C. It is necessary to only document the items in the scope.

D. If the project sponsor requires a functional change, the project team must comply with the request.

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Questions 5

Tasks in the Project Execution and Control phase are ongoing. How often are they executed?

A. In each iteration

B. In each Phase

C. Five times per iteration

D. At the beginning of each week

E. As needed

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Questions 6

According to the recommended training for this exam, when does the Project Manager assume responsibility for the project profitability?

A. When the Project Manager accepts it during the transaction from sales to delivery

B. Never

C. At the start of the sales cycle

D. When the client requests it

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Questions 7

What is true about planning a project in OUM Manage?

A. All tasks are executed to the same degree during the Project Execution and Control phase.

B. There is no distinction between executing and controlling the project and executing and controlling an iteration/phase.

C. The project plan that is established in the Project Startup phase details each task through the end of the project.

D. Manage tasks are not included in the project work plan.

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Questions 8

Which three steps are completed during Financial Close?

A. Production of final reports

B. Payment of outstanding invoices

C. Mass reconciliation of open accounts

D. Wrap up of items tracked throughout the project

E. Vendor selection

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Questions 9

Select the three statements that are true about the OUM Manage focus area.

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

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

C. Its main focus is on configuration of applications.

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

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

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

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Questions 10

Which two items are completed during the Work Management close?

A. final backup and archiving of the project workplan

B. back up of the project diary

C. production of final schedule metric report

D. payment of all vendor invoices

E. reconciliation of open accounts payable

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Questions 11

An is a distinct set of activities conducted according to a devoted plan and evaluation criteria that results in a release, either internal or external.

A. Iteration

B. Internal

C. Increment

D. Approach

E. Implement

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Questions 12

The OUM Manage Focus Area is aligned with what project management organization?

A. Project Management Institute (PMI)

B. Project Management Organization

C. Project Managers of the World

D. NationalInstitute of Project Managers

E. International Institute of Business Analysis (IIBA)

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Questions 13

Using the 2 x 2 Urgency/Importance Matrix below, select the use case with highest priority.

A. UC2

B. UC4

C. UC6

D. UC8

E. UC10

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Questions 14

Identify two functions of the Project Management Plan [PMP].

A. defines the overall project management strategies and approaches

B. Is limited to project scope

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

D. Is limited to the project budget

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

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Questions 15

Which statement is true about the Project Management Plan and the Project Workplan in OUM?

A. They are the same document.

B. A change to one may necessitate a change to the other.

C. The Project Management Plan does not change after Project Startup, while the Project Workplan may change at anytime.

D. The Project Workplan and Project Management plan have no Impact on one another.

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Questions 16

Which two statement are true about the Change Control Board (CCB)?

A. It meets dailyduringProject Execution and Control.

B. It is an internal project organization that is responsible for reviewing and resolving change requests.

C. It is a person, group, or business that has a shared interest in a particular setof activities

D. It escalates changes affecting scope to the steering committee.

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Questions 17

According to the recommended training for this exam, what is the key to proper project management?

A. Consistency and predictability

B. Expected results

C. A multi-layered project plan

D. A single layered project plan

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Questions 18

According to the recommended training for this exam, when does the Project Manager assume responsibility for the commitments made during the sale cycle?

A. During the Risk Management process

B. At the start of the sales cycle

C. At the transaction from sales to delivery

D. During the Project Closure phase

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Exam Code: 1Z0-466
Exam Name: Project Lifecycle Management Essentials
Last Update: Mar 13, 2025
Questions: 98 Q&As

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