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Exam Code: 1Z0-466
Exam Name: Oracle (Project Lifecycle Management Essentials)
Free One year updates to match real exam scenarios, 100% pass and refund Warranty.
Total Q&A: 98 Questions and Answers
Last Update: 2013-12-17

1Z0-466 (Project Lifecycle Management Essentials) Free Demo Download: http://www.it-tests.com/1Z0-466.html

NO.1 Select the three key project roles as prescribed by OUM Manage.
A. Stakeholder
B. Change Control Board
C. Issue Review Board
D. Project Team
E. Testing Committee
Answer: A,B,D

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Explanation:
A:Project managers use OUM to make sure they and their stakeholders develop a shared
understanding of what is needed, choose an appropriate architecture, and transfer the ownership of
the end-product to the stakeholders.
B:CCB(Change Control Board)is a review committee that discusses and approves requests for
changes to On Demand customer system configurations. The change requests are fulfilled in the
following ways:
A work guideline is generated by engineering for operations to use and implement.
The changes are included in Oracle Certified Configurations.
D:Project teams to take advantage of this experience by

NO.2 Which is the type of closure described as the mechanical an analytical step associated with the
closure of a project or phase?
A. Contractual
B. Typical
C. Intra-business
D. Conventional
Answer: A

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NO.3 What describes the nature of the activities within the Project Execution and Control phase?
A. They are dependent upon one another.
B. They are dependent upon earned value.
C. They are ongoing.
D. They are grouped according to priority.
Answer: A

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NO.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.
Answer: A

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Explanation:
The Manage focus area is organized into 13 processes: Bid Transition (A)Scope Management
Financial Management
Work Management Risk Management Issue and Problem Management Staff Management
Communication Management Quality Management Configuration Management Infrastructure
Management Procurement Management Organizational Change Management
Collectively, these processes form a comprehensive set of tasks required to manage Oracle-based
development and implementation projects. Every project includes most, if not all, of these
processes, whether they are the responsibility of a consulting organization, a client organization, or
a third party.

NO.5 According to the recommended training for this exam, what is the definition of a project?
A. A sequence of tasks with a beginning and an end, bound by time, responses, and desired results
B. Anything for which there is an executed contact
C. A sequence of tasks for there is a Statement work
D. A sequence of tasks with a specified end date
Answer: A

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NO.6 What is not true about risk management in OUM Manage?
A. The project manager should regularly conduct risk assessments.
B. Risks become even more critical during the Project Execution and Control Phase.
C. Particular attention should be paid to risks prior to production cutover.
D. If a baseline risk assessment is done during the Project Startup phase, there are no further risk
assessment required on the project.
Answer: D

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NO.7 What is not true about planning in OUM?
A. OUM has been developed with the intent that the approach for a given project be built up from a
core set of activities.
B. Projects should be tailored down from the full OUM work breakdown structures.
C. OUM takes an iterative and incremental approach to planning a project.
D. Tasks within OUM are considered place holders for work.
Answer: D

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Explanation:
Incorrect: Not A:OUM is designed to support a broad range of project types. As such, it must be
flexible andscalable. The appropriate point of balance for a given project will vary based on a
number of project risk and scale factors. The method has been developed with the intent that the
approach for a given project be "built up" from a core set of activities to implement an appropriate
level of discipline, rather than "tailored down".
Not C:OUM recognizes the advantages of an iterative and incremental approach to development
and deployment of information systems. Any of the tasks within OUM may be iterated. Whether or
not to iterate, as well as the number of iterations, varies. Tasks may be iterated to increase quality of
the work products to a desired level, to add sufficient level of detail, or to refine and expand the
work products on the basis of user feedback.

NO.8 At the end of iteration phase, during Project Execution and Control, which three key tasks
should be conducted?
A. QM.050 Perform Quality Assurance
B. WM.050 ManageApprovals
C. CMM.030 Manage Project Team Communication
D. PKM.020 Conduct Baseline Risk Assessment
E. SM.060 Close Scope management
F. PKM.060 Conduct Post-Production Risk Assessment
G. OCHM.040 Establish Follow-Up process
Answer: A,B,C

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NO.9 Tasks in the Project Execution and Control phase are ongoing. How often they are executed?
A. In each iteration
B. Three times
C. Five times
D. At the beginning of each week
E. As needed
Answer: A

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