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Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statements about the periodic project labor demand. (Choose two.)
Correct Answer: A,B
Explanation Reference https://docs.oracle.com/cloud/farel10/projectcs_gs/OAPEM/OAPEM1461017.htm#OAPEM1313472 Project Labor Demand: How It s Calculated Project executives want to track the labor demand in projects in their organization. The Project Hierarchy Viewer provides project executives a hierarchical view of the enterprise project structure (EPS) along with the labor demand in terms of full-time equivalent (FTE). Settings That Affect Project Labor Demand Project application administrators must do the following to set up how project labor demand is calculated: * Organize projects into hierarchical groups on the Manage Enterprise Project Structure page. * Change the quarterly FTE hours for the organization on the Define Project Management Implementation Options page, if different from 520 hours. Note: You can choose to view labor demand annually instead of quarterly. The Project Hierarchy Viewer uses the current date to determine which year or quarter to display. How Project Labor Demand Is Calculated The Project Hierarchy Viewer calculates project labor demand in the following manner: * Spreads the allocation hours from the Manage Project Resources page evenly over the days that the resources are allocated to the project. * Divides the quarterly project allocation hours by the quarterly FTE hours to get the labor demand. * Rolls up the quarterly and annual labor demand up the hierarchy.
