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Exam Code: L4M2
Exam Name: Defining Business Needs
Vendor: CIPS

60 Questions & Answers
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NEW QUESTION: 1
You need to recommend project metrics for dashboards in Azure DevOps.
Which chart widgets should you recommend for each metric? To answer, drag the appropriate chart widgets to the correct metrics. Each chart widget may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation

Box 1: Lead time
Lead time measures the total time elapsed from the creation of work items to their completion.
Box 2: Cycle time
Cycle time measures the time it takes for your team to complete work items once they begin actively working on them.
Box 3: Burndown
Burndown charts focus on remaining work within a specific time period.

NEW QUESTION: 2
Drag and drop the characteristic from the left onto the matching STP timer variables on the right.

Answer:
Explanation:

Explanation


NEW QUESTION: 3
What must be defined to enable a company to use an organization for a straight time expenditure?
A. Define the organization with the following:
1. Add Cost Centre as the Organization type.
2. Add an organization classification of HR Organization.
3. Add the organization to an organization hierarchy.
B. Define the organization with the following:
1. Add the organization classifications HR Organization and Project Expenditure/Event
2.Add the organization to an organization hierarchy
3. Add the organization hierarchy to the appropriate Oracle project implementation option setting
C. Define the organization with the following:
1.Add the organization classifications Project/Task Owning Organization and Project Expenditure/Event Organization.
2. Add the organization to an organization hierarchy.
3.Add the organization hierarchy to the appropriate Oracle project implementation option setting.
D. Define the organization with the following:
1. Add the organization classifications Project Expenditure/Event Organization.
2. Add the organization to an organization hierarchy.
3.Add the organization hierarchy to the appropriate Oracle project implementation option setting.
E. Define the organization with the following:
1. Add the organization classifications HR Organization and Project Expenditure/Event
2. Add the organization to an organization hierarchy.
3. Define Organization Labor Costing Rules.
Answer: E
Explanation:
Explanation/Reference:
Explanation:
Note:
*You can set this at the Inventory Organization level in the Project Manufacturing Parameters window, the Costing tabbed region. This allows WIP employee resources and Project straight time hours to be summarized as Straight Time Expenditure Type Class.
*expenditure type class
An additional classification for expenditure types that indicates how Oracle Projects processes the expenditure types. For example, if you run the Distribute Labor Costs process, Oracle Projects will calculate the cost of all expenditure items assigned to the Straight Time expenditure type class. Formerly known as system linkage


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