CAT-241 Online Practice Questions and Answers

Which financial functions were introduced in CA Clarity PPM v13? (Choose three)

A. Process-enabled cost plans

B. Investment-specific debit rules

C. Multiple grouping attributes in cost plans

D. The ability to submit cost plans as budget plans

E. The use of Internal Rate of Return (IRR), Modified IRR (MIRR), and planned payback periods

When an incident is created, it is visible in one or more of the three tabs on the Incidents list page. Which option correctly identifies the tabs that are visible?

A. Mine, Assigned, and Others

B. Open, Closed, and Resolved

C. Owned, Team, and Completed

D. Assigned to Me, Reported by Me, and Reported by Others

Line manager, Cliff Warner, shares resources with partner organizations. Cliff must have visibility into the demand for those resources and must therefore have access to data across multiple Organizational Breakdown Structures (OBSs). Development Manager, Maya Joshi, manages a portfolio of investments for several business units and needs to make room for a new investment request. To help them accomplish these tasks, which scenario type should Cliff and Maya create in CA Clarity PPM?

A. Service Offering

B. Portfolio Analysis

C. Capacity Planning

D. Requirements Planning

Which event must occur before the Subscriber Dashboard is available to a Department?

A. The Department is part of a portfolio.

B. The Department has sub departments.

C. The Department has subscribed to a service.

D. The Department provides subscriptions to other departments.

When you set up data to view Business Relationship Manager (BRM) content, you can configure license, maintenance, and regulatory compliance settings. Which investment object types have associated compliance settings? (Choose three)

A. Assets

B. Projects

C. Products

D. Services

E. Applications

When you use Resource Finder to book resources to projects in CA Clarity PPM, in addition to the name of the resource, the Results section provides additional detailed information about the resource, including a Total Match score, which is calculated based on the Availability Match score and the Skill Match score. In addition to proficiency, which other factor is used to calculate the Skill Match score?

A. Priority

B. Interest

C. Tapering

D. Integral Calculation

What can be used as a column in a rate matrix?

A. Item

B. Resource

C. Resource Category D. Custom project attribute

What are the three classifications of Chargeback rules? (Choose three)

A. Recovery rules

B. Overhead rules

C. Time-based rules

D. Standard Debit rules

E. Investment-specific Debit rules

Although Non-Project Investment Objects (NPIOs) have many of the same features as projects, what are their limitations? (Choose three)

A. Time cannot be entered.

B. There are no requisitions.

C. There are no participants.

D. Incidents cannot be associated.

E. There is no estimate from allocations functionality.

Which feature characterizes the Balance Scorecard page portlet?

A. An Aggregation row that shows the total for the investments contained within a portfolio

B. A Gantt chart that shows investment data such as the investment status, stage, duration, and completion date

C. Bubbles that are sized according to the planned cost of an investment and colored according to the investment risk status

D. Remaining Cost and Remaining Role Allocation columns that help you determine how much of the budget remains and how much additional capacity is required

When you create a scenario, which guideline should you follow?

A. If any field appears in read-only mode, double-click it to make it editable.

B. Avoid adding investments if you do not intend to make what-if changes to them.

C. If you add investments that are not included in the portfolio, make sure to approve them.

D. To prevent error messages, always begin by populating the Planned Cost and Planned Benefit fields.

Requirements planning provides you with a framework in which to define and track the requirements that form the deliverables for your business. Which statements about requirements are TRUE? (Choose three)

A. Requirements are associated with a release.

B. Requirements can be grouped into logical hierarchies.

C. Requirement represents an organizational need or deliverable.

D. For a requirement, ownership with an investment is a required field.

E. A requirement can only be linked to a task at the lowest work breakdown structure (WBS) level of a project.

When you build a portfolio scenario, what does the Efficient Frontier represent?

A. The scenario investments categorized by the life-cycle stage

B. The relative alignment of investments to organizational goals

C. The risk of a portfolio investment at a specific planned net present value (NPV)

D. The set of optimal scenarios for a given set of investments such that no other scenarios exist with less cost and more benefit

A WIP transaction may be adjusted if:

A. It has not been reversed.

B. It has not yet been WIP posted.

C. It is currently in the adjustment process.

D. Previous adjustments have not yet been approved.

How do projects differ from programs? (Choose three)

A. Only projects can have staff members.

B. Programs cannot be financially enabled.

C. Programs can have non-milestone tasks.

D. Only projects can apply a work breakdown structure (WBS).

E. Only programs can be opened with read/write access in a scheduler.