1Z0-1080-26 practice question 12 of 25

What is the purpose of selecting the Project Benefits option when enabling Projects?

Full set: 118 questions

Answer options

A: Plan detailed project revenue for Contract projects.

B: Track the Workforce expense benefits calculated on each Contract project.

C: Help justify the need for projects and plan nonfinancial benefits. Correct answer

D: Plan detailed project expenses for projects.

Correct Answer:

C. Help justify the need for projects and plan nonfinancial benefits.

Explanation

The "Project Benefits" feature within the Projects module is designed to help organizations justify project investments and track their value beyond direct financial returns. It allows planners to define and quantify non-financial benefits, such as improved customer satisfaction, increased market share, or alignment with strategic goals. This provides a more holistic view of a project's value and aids in prioritization and post-implementation review.

Why Incorrect

A: Planning project revenue is a separate feature ("Project Revenue"), typically enabled for contract-type projects. B: Workforce-related benefits (such as healthcare) are managed within the Workforce module, not the Project Benefits feature. D: Planning project expenses is a fundamental capability of the Projects module itself, not tied to the specific "Project Benefits" option.

References

- Oracle EPM Cloud

Administering Planning Modules

"Enabling Projects Features". The documentation specifies that enabling the "Project Benefits" option allows you to "plan for the non-financial benefits of a project to help justify the need for a project."

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