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1z0-1049-20 - Oracle Compensation Cloud 2020 Implementation Essentials

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NEW QUESTION: 1
Alicia works as a project manager for NacTec project. She is undergoing the project monitoring phase in her project. Which of the following will she choose to accomplish the task? Each correct answer represents a complete solution. Choose all that apply.
A. Future planning
B. Meetings
C. Diaries
D. Reports
Answer: B,C,D
Explanation:
Project monitoring should be worked out to verify all the working actions, including investments.
Project monitoring helps the project staff to know how things are going, as well as giving early
warnings of possible troubles and difficulties. The methods used in monitoring a project are as
follows:
1.Reports: Reports will help to identify the progress and problems easily and early. Reports must
be completed in a standardized form at regular, predetermined intervals by all the team members.
Reports should be short and brief.
2.Diaries: It is a helpful way of recording information.
3.Finances: An understanding of the basic concepts of project fianance are important in making a
project. Careful budgeting and planning will provide a great help in finance. 4.Meeting: There
should be periodic meeting of team members to resolve the issues. This will help to monitor the
problems easily and efficiently.
Answer option D is incorrect. This is the information that is used for monitoring to be useful. It is
not a monitoring method.


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