Primavera P6 Enterprise Project Portfolio Management Certified Implementation Specialist v8.1 (1z0-535)

Answer : A

Explanation: All costs are stored in the Based Currency. All costs are stored in the Base
Currency and all other Currencies are calculated values using the Base Currency value and conversion rate.

Answer : A

Explanation:
Note: When you associate a responsible manager with an EPS Node, any projects you add to that branch of the EPS are assigned that manager element by default.
When you create a user, you have to give them Responsible Manager assignments in order for them to see projects.
Your EPS and your OBS need to have a one-to-one relationship. If you give a user a
Responsible Manager assignment (OBS) that is not tied to an EPS, Project or WBS level, they will not see any projects when they log into the Primavera Client application or the
Web Application.

Answer : A,D,F

Explanation: A: To assist with more sophisticated analysis of a set of projects, you can also use a scorecard to conduct a waterline analysis. A waterline is a visual modeling tool that ranks projects into two separate groups by sorting and applying a constraining limit.
D: Working with Portfolio View Bubble Charts
In addition to plotting data along the X axis and Y axis, bubble charts also adjust the relative size of each entity's bubble or circle to depict a third value, and they group the data by still a fourth value.
Note: Example: A user wants to analyze original budget, cost variance, and at completion total cost for each project in a portfolio. The user also wants to compare this data to another portfolio grouping projects by division/office and showing risk level, actual total cost, and at completion total cost. The user navigates to the Portfolio Analysis page and customizes the portfolio views, filters, scenarios, and bubble chart options shown below.
The user sets Original Budget to display on the X-axis and Cost Variance on the Y-axis.
Next, the user selects At Completion Total Cost as the bubble size and sets the Group by to Project. When the chart appears, each bubble represents a single project; the size of the bubble represents the At Completion Total Cost value for the project; the bubble's position on the X-axis represents the original budget value for the project; and the bubble's position on the Y-axis represents the cost variance value for the project. The user configures a second bubble chart to display Risk Level on the X-axis, Actual Total Cost on the Y-axis, and At Completion Total Cost for the bubble size. This time, the projects in the portfolio are grouped into bubbles by division/office.
F: Use this table to analyze, sort, and select projects. Only the projects you mark in the check box column appear in the Capacity Planning chart.
Reference; P6 EPPM Administrators Guide

Answer : B

Explanation: The Inactive Project Status should be given to projects that have been completed or curtailed so there will be no more work left to do on them.
Note: The P6 Project Status field is found on the General tab of a Primavera P6 project whether you are using P6 Professional or P6 web.
It can be set to one of four values; Planned, Active, What-If or Inactive.

Answer : B

Explanation: The Scenarios page enables you to view the list of all scenarios available to you. Use this page to modify and delete scenarios, view or add notes for a scenario, and send e-mail to users associated with a scenario. Each entry represents a project code,
EPS node, or portfolio and includes an identifying icon, name or title, and the number of associated scenarios. Only entries with existing scenarios are defined.
Note:

Screen Elements -

Search field -
The text or numeric value you want to use to search for portfolio views by name.
This is an incremental search field. As you type, the list of entries is refreshed and matching portfolio view names automatically expand in the list. To reset the list, clear the
Search field.
For example, enter budget or just bu to find all views with the word "Budget" in their names.

Title field -
The name of the scenario.
The title can contain up to 255 characters, and it does not have to be unique.
You can click the hyperlink to open the scenario.

Available To -
Indicates the user access level for each scenario.
Global: All users can view the scenario.
User: Only you (the current user) can access the scenario.
Multiple Users: A select group of users, including you, have access to the scenario.

Created By field -
The user name of the person who created the scenario.

Date Created -
The date and time the scenario was created.

Notes field -
The notes associated with the scenario.

E-Mail -
Enables you to send selected information about the current item to one or more recipients through e-mail. For user scenarios, this field is blank.

Tips -
The notes you append to a scenario are not related to the application-wide Notebooks feature.

Getting Here -
Click the Portfolios menu and choose Manage Scenarios.
Reference: Oracle Primavera P6, Manage Scenarios Page

Answer : B

Explanation: Must Finish date is not constraining Activity. It is used to calculate the schedule on "Backward pass" to show the float whether negative or positive. If Must finish date is less than current project finish date then some critical activities will be showing negative float but if current project finish date is less than must finish date then it will show all positive float.
Note:
The Must Finish By date can be thought of as a project level constraint. Once the last activity in the schedule exceeds this date, negative float will appear.
This can be tricky because the Must Finish By date isnt assigned to a specific activity.
Instead, its a project constraint, so check the Projects windows Date tab in the details area and make sure that the Must Finish By date is either not set to anything at all, or if utilized, is set to at least one day past the calculated project finish date.
Of course, if the project really must finish by a certain date and this field has been set in
Primavera P6 accordingly, then normal schedule delay mitigation processes apply.
Note 2: Negative float appears when an activity that has Late dates that are earlier than the
Early dates. In other words, the critical path dates now exceed a hard constraint date on one or more of the activities and are reporting this fact with the negative float calculation. If you see negative float, something important is now scheduled after its delivery date.
Normally such activities are easy to find with a filter or two and a little column adding in the table. However, there is one constraint that doesnt appear in the network but can create all manner of chaos if you dont know its been set.
Example:
Note 2:
Primavera calculates the backward pass starting from the end date of the project finish date you enter manually. Therefore, if the end date is not possible to be achieved using the network logic that you have made, then you will always get negative total float.

Answer : D

Explanation: primavera p6 Global change feature enables you to make changes to all activities, or a selected group of activities, at one time. You can use Global change to edit existing values or assign new values. For example, you can create a statement to assign resource assignments to a group of activities.
When you run Global change, data exclusively locked by another user does not change. To obtain exclusive access, before opening the project, choose Exclusive in the Access Mode section of the Open Project dialog box.
You must have access to the activities to which you want to make Global changes. If your security profile does not enable you to access all the activities, you will not be able to commit the changes you make.

Global change conditions -
If statements control which project data changes. Then and Else statements specify the changes to be made. You can define an unlimited number of If, Then, or Else statements.
Reference: Primavera P6 Global Change

Answer : C

Explanation: In primavera P6 we can create cost accounts and associate them with activity resource assignments or expenses in a project. Cost accounts are hierarchical, and they enable you to track activity costs and earned value according to your organizations specific cost account codes.
You can specify a projects default cost account. This cost account is used for resource assignments to activities and project expenses in the open project.
Note: You can specify a projects default cost account. This cost account will be used for resource assignments to activities and project expenses in the open project.
-> Choose Enterprise, Projects and display Project Details.
-> Select the project to which you want to assign a default cost account.
-> Click the Defaults tab.
-> In the Defaults for New Activities section, click Primavera Browse Button in the
Cost Account field.
-> Select the cost account you want to assign as the default, then click the Select button.
Reference: Oracle Primavera P6 Cost Account

Answer : B

Explanation: For the portfolio, project, or project code filter criteria specified for a dashboard, the My Projects portlet displays summaries for projects you:
* are assigned to as a resource or as an activity owner
* have been invited to
* are the owner of have OBS access to
* The portlet displays the project start and finish dates, current percent complete, date last summarized, and the project owner. The link to the project name enables you to open the project in the Projects section.

Reference: My Projects portlet -

Answer : E,F

Answer : D

Explanation: The drop-down list shows the enterprise project structure by dividing project portfolios into two groups: the "Global Portfolios," which span the entire organization, or
"User Portfolios," which are important to the individual project manager.

Answer : C

Explanation: Estimating Activity Resources is the process of estimating the type and quantities of material, people, equipment, or supplies to perform each activity.
If the contract documents require resource and/or cost loading, the
Scheduler must assign resources to the activities. Even if the contract does not require resource / cost loading, it is good practice; by assigning (i.e. loading) resources for each activity, available resources can be scheduled in accordance with resource consumption limitations (i.e., money, labor hours, etc) by resource leveling or balancing
Reference: Project Management Institute. Chapter 6: Project Time Management. A
Guide to the Project Management Body of Knowledge (PMBOK ), Fourth
Edition. Page(s) 129-164. Project Management Institute, Newton Square,
PA. 2008.

Answer : B

Explanation: Time based calculations in P6 are based on hours/minutes.

Answer : A

Explanation: You are able to see but unable to launch the Primavera P6 EPPM Client.
This indicates a security problem. You lack the proper permissions.

Answer : A

Explanation: Restore a Baseline: Use restore a baseline to modify a baseline project.
You must first unlink a baseline from its current project by restoring it as a separate project.
You can then work with this restored baseline project as you would any other project in the
EPS.
Reference; P6 EPPM User's Guide, Working with Baselines