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1Z0-466 Online Practice Questions and Answers

Questions 4

Which is true about OUM Manage?

A. It emphasizes clearly documenting the scope of the project and the exact procedures to implement changes to this scope.

B. It is not possible to control the project timeline without a detailed project plan.

C. It is necessary to only document the items in the scope.

D. If the project sponsor requires a functional change, the project team must comply with the request.

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Questions 5

What is true about the Work Management Plan?

A. It outlines the major milestones of the project.

B. It is a document produced during the contract process.

C. It documents the strategy, control processes, and policies that are used to manage, support, and implement the work during the project.

D. It is produced by the Configuration Management team.

E. It defines the competencies of the project team.

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Questions 6

Tasks in the Project Execution and Control phase are ongoing. How often are they executed?

A. In each iteration

B. In each Phase

C. Five times per iteration

D. At the beginning of each week

E. As needed

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Questions 7

Which three variables are used with Earned Value?

A. EV - Earned Value

B. PV - Planned Value

C. AC - Actual Cost

D. PC - Planned Cost

E. EC - Earned Cost

F. AC - Accounting Cost

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Questions 8

What project documentation is billable?

A. only what was negotiated by the sales team and the Project Manager

B. time sheets, status reports, and the approved project plan

C. only what the Project Manager decides

D. only what the sales team determines

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Questions 9

The client asks that the project be thoroughly documented. How many of the documents available through the Manage Focus Area should be used?

A. all of them

B. none of them

C. only those that are fit for the project

D. only those that the client selects

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Questions 10

In the following diagram, where would the arrow from the extension use case, Get Additional Collateral, begin and end?

A. Begin at Get Additional Collateral and end at Review Loan for approval

B. Begin at Review Loan for Approval and end at get Additional Collateral

C. Begin at the Loan approver and end at get Additional Collateral

D. Begin at get Additional Collateral and end at CPS actor

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Questions 11

Select four objectives of the OUM Manage Project Start UP phase.

A. Manage the project resources to deliver on time and budget.

B. Understand the client's objectives and expectations and validate project scope.

C. Close out the contractual agreement.

D. Baseline in Project Workplan, Finance Plan, and staffing needs.

E. Obtain a client reference.

F. Agree with the client on project approach and document it in the Project Management Plan.

G. Establish the project infrastructure.

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Questions 12

What is true about Organization Change Management in OUM manage?

A. A previous project failure is not a change management warning sign since it could be due to any number of reasons.

B. No official communication regarding the change is issued because the client is seeking to have a grassroots communication campaign.

C. Have a consensus culture is good because it cuts down on the time to get to agreements.

D. Having nobody to manage change should be a warning sign that the project may go off track.

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Questions 13

Select the three benefits of the Oracle Unified Method (OUM).

A. It provides a common language.

B. It reduces duplication of effort.

C. It reduces confusion.

D. It provides better templates.

E. It provides a collection of samples.

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Exam Code: 1Z0-466
Exam Name: Project Lifecycle Management Essentials
Last Update: May 26, 2026
Questions: 98
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