Oracle 1z0-498 : Oracle Fusion Project Portfolio Management 2014 Essentials

1z0-498 real exams

Exam Code: 1z0-498

Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials

Updated: Jul 18, 2026

Q & A: 79 Questions and Answers

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Oracle 1z0-498 Exam Syllabus Topics:

SectionWeightObjectives
Project Billing and Revenue Management20%- Invoice Generation
  • 1. Integrate with Oracle Receivables
    • 2. Manage project invoicing options
      - Contract and Revenue Setup
      • 1. Set up billing methods and schedules
        • 2. Define revenue recognition rules
          • 3. Configure contract types and terms
            Project Performance Reporting and Integration15%- OTBI and Analytics
            • 1. Configure transactional business intelligence
              • 2. Set up KPIs and performance dashboards
                - Cross-Module Integration
                • 1. Integrate with Oracle Financials
                  • 2. Security and function access setup
                    Project Resource and Execution Management18%- Project Planning and Execution
                    • 1. Create and manage work breakdown structures
                      • 2. Microsoft Project integration
                        • 3. Set up progress and status tracking
                          - Resource Setup
                          • 1. Set up resource calendars and rates
                            • 2. Define resource classes and roles
                              Project Costing25%- Cost Setup and Allocation
                              • 1. Configure cost allocation methods
                                • 2. Set up burdening and overhead rules
                                  • 3. Define expenditure types and formats
                                    - Capital Project Costing
                                    • 1. Capitalizable cost setup
                                      • 2. Asset assignment and capitalization
                                        Project Foundation Configuration22%- Project Types and Classifications
                                        • 1. Configure project types
                                          • 2. Set up project statuses and lifecycle
                                            • 3. Define project classifications and categories
                                              - Enterprise Structures and Project Units
                                              • 1. Manage reference data sets
                                                • 2. Define business units and project units
                                                  • 3. Set up calendars and accounting periods

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Identify three true statements about Oracle BusinessIntelligence Applications.

                                                    A) Oracle Business IntelligenceApplications are built- on Oracle BusinessIntelligence EnterpriseEdition technology,
                                                    B) Oracle Business Intelligence Applications ore not available for EBS,Peoplesoft,JD Edwards, andSieble.
                                                    C) Oracle Businessintelligence Applications provide pre-packaged data warehouse, ETL, metrics, andinteractive dashboards.
                                                    D) Oracle BusinessIntelligence Applications provide unlimited historical analysis, including trending and cross-domain insight


                                                    2. Identify the true statement regarding an expenditure item.

                                                    A) An expenditure item con be adjusted only on the billableattributes of atransaction.
                                                    B) An expenditureitem can be adjusted only on the capitalizable attributes of a transaction.
                                                    C) An expenditure Item cannotbe adjusted on any attributes of transcation.
                                                    D) An expenditure item can be adjusted on both billable and capitalizeable attributes of a transaction.


                                                    3. Select the option that enables the transactions from other sub ledger modules that are imported into Project Costing and are in :Rejected" or "Pending for processing" stage to be viewed.

                                                    A) ManageUnreleased Expenditure Batches
                                                    B) Manage Unprocessed Transactions
                                                    C) Review Commitment Transactions
                                                    D) Manage Expenditure Items


                                                    4. Identify four predefined "Resource Classes" to spread curves can be assigned.

                                                    A) Labor
                                                    B) Usage
                                                    C) Financial Resource
                                                    D) Equipment
                                                    E) Material Items


                                                    5. Select a Subject Area under "Project Controls" in Fusion PPM's OTBI.

                                                    A) Project Invoice
                                                    B) Project Budget
                                                    C) Project Cost Journals
                                                    D) Project Revenue


                                                    Solutions:

                                                    Question # 1
                                                    Answer: B,C,D
                                                    Question # 2
                                                    Answer: B
                                                    Question # 3
                                                    Answer: D
                                                    Question # 4
                                                    Answer: A,B,C,E
                                                    Question # 5
                                                    Answer: B

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