CIS-SPM practice question 3 of 25

In which table can you find cost information for a specific fiscal period?

Full set: 112 questions

Domain Project Management

Answer options
A: cost_plan_breakdown Correct answer
B: pm_project
C: cost_plan
D: expense_line
Correct Answer:
A. cost_plan_breakdown
Explanation

The costplanbreakdown table stores the time-phased distribution of a cost plan. When a cost plan is created for a project or demand, the system automatically generates records in this table, breaking down the total planned cost into specific fiscal periods (e.g., months, quarters). Each record in the costplanbreakdown table represents the planned cost for one fiscal period, enabling detailed financial planning, tracking, and reporting over the duration of the project.

Why Incorrect

B. pmproject: This table contains the primary project record and its summary fields, not the detailed, period-specific cost breakdowns.
C. costplan: This table stores the overall cost plan header information, such as the total cost and duration, but not the breakdown by individual fiscal periods.
D. expenseline: This table is used to record actual costs (expenses) as they are incurred, not the planned cost information for a fiscal period.

References

1. ServiceNow Product Documentation - Project cost plan breakdowns: "Cost plan breakdowns are created when you create a cost plan. A cost plan breakdown is a record in the Cost Plan Breakdown [costplanbreakdown] table. The cost plan breakdown stores the planned cost for a specific fiscal period."

2. ServiceNow Product Documentation - Cost management tables: This document outlines the key tables for cost management. It defines the costplanbreakdown table as storing "the breakdown of the cost plan by fiscal period." It also defines costplan as the table for the overall plan and expenseline for actual expenses.

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