AD0-E903 practice question 10 of 15

A project manager needs to locate the fixed revenue and costs of a project. Where should the project manager look to find this information?

Full set: 70 questions
Answer options
A: Business Case
B: Billing Records
C: Project Details Correct answer
Correct Answer:
C. Project Details
Explanation

In Adobe Workfront, the "Project Details" section is the specific area where a project manager can find and manage the core financial attributes of a project. This includes the dedicated fields for "Fixed Cost" and "Fixed Revenue." These fields are designed to hold predefined, non-variable amounts that are factored into the project's overall financial calculations, such as Planned Cost and Planned Revenue. While this information may originate from the Business Case during the project's approval phase, its operational location for an active project is within the Project Details.

Why Incorrect

A. Business Case: The Business Case is used during the project initiation and approval phases to outline planned costs and planned benefits, but the final, operational fixed values are stored on the project object itself.
B. Billing Records: Billing Records are used to track and manage actual, billable time and expenses as they are incurred, not the predetermined fixed financial figures of the project.

References

1. Adobe Workfront Documentation - Glossary of Adobe Workfront terminology:

Fixed Cost: "A cost associated with a project that is independent of the number of hours worked on the project. The Fixed Cost of a project is specified in the Project Details."

Fixed Revenue: "A fixed amount of money that a project is expected to generate. The Fixed Revenue of a project is specified in the Project Details."

Source: Adobe Experience League. "Glossary of Adobe Workfront terminology". Accessed October 2023.

2. Adobe Workfront Documentation - Project Financials:

The formula for calculating the total Planned Cost of a project is explicitly stated as: Project Planned Cost = SUM(Task Planned Costs) + Project Fixed Cost. This confirms that "Project Fixed Cost" is a distinct field at the project level

found within its details.

Source: Adobe Experience League. "Calculate Planned Cost". Section: "How Workfront calculates project Planned Cost". Accessed October 2023.

3. Adobe Workfront Documentation - Business Case vs. Project Details:

The documentation on creating a Business Case explains that it is a tool for justifying a project

containing information like proposed costs and anticipated benefits. When a project is created from an approved Business Case

this information populates fields on the project

including those in the Project Details section. This establishes the Business Case as the source

but Project Details as the location for the active project's data.

Source: Adobe Experience League. "Create a Business Case for a project". Section: "Understand the Business Case". Accessed October 2023.

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