Online Access Free 1z1-964 Practice Test

Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)

• A.Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule
• B.Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule
• C.Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate
• D.Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule
• E.Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule

You search for resources to fulfill a project resource request but are unable to proceed after receiving the following error message: "The search for resources cannot be completed because the project resource search index is not available. Contact your help desk." Identify the cause for this error message. (Choose the best answer.)

• A.The index has been built.
• B.The most recent update of the index finished successfully.
• C.The index is not in the process.
• D.The index is in the process of being updated.

You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task
30.
Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario. (Choose two.)

• A.Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
• B.Bill set number drives the grouping of transactions.
• C.Both the contract lines create only a single invoice because they are using the same contract.
• D.Two invoices are created using the same contract.

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 10 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.Use the predefined Bell Curve spread with small deviations on the spread points.
• B.Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
• C.Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.
• D.Use the predefined S-Curve spread with small deviations on the spread points.

Which three are part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?

• A.Generate CSV files.
• B.Import Projects.
• C.File Import and Export.
• D.Upload setup data.
• E.Prepare setup data.