Oracle Exam 1Z0-1057-24 Topic 1 Question 7 Discussion

Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjb/manage-project-contract-revenue.html#OAPJB164173

Associated Project Percent Spent Example

The following formula calculates the percent spent revenue for the associated project.

((Sum of ITD Actual Cost for every subtask that is part of the associated task / Sum of Total Budgeted cost for every task that is part of associated task)

x Associated Project Funded Amount) -- Sum of Existing Invoice Event Amounts for the Associated Project

((60/300) x 750) -- 80 = 70

((Actual Cost / Budgeted Cost) x Budgeted Revenue) -- Sum of Revenue Event Amount