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: Aug 21, 2026

Q & A: 79 Questions and Answers

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Oracle 1z0-498 Exam Syllabus Topics:

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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Your client is implementing Fusion Applications for his or her organization and intends to transform the complete costing process through the use of Fusion PPM. One of the concerns the client has is that the user community is required to pick expenditure types from a long list, which are hot specific to their departmental expenses. Identify there levels of filtering that will help you address this concern in Fusion PPM.

                                                    A) filter expenditure types based on the set assigned to the expenditure types
                                                    B) filterexpenditure types based on the set assigned to the Organization Hierarchy
                                                    C) filterexpenditure types bused on the Project Unit that owns the project
                                                    D) filter expenditure typesbased onthe set assigned to the project unit


                                                    2. Identify two key business value propositions of Fusion Project Portfolio Management.

                                                    A) reducedcommunicationand collaboration by creating a community forthe project team
                                                    B) improveddecision-making by answering keybusiness questions while users enter transactions
                                                    C) elimination ofexception-based management
                                                    D) enhanced user productivity and reduced supportcosts


                                                    3. Select the appropriate phrase to fill in the blank below.
                                                    The Navigator is a hierarchical arrangement of Work Areas or Dashboards with ___.

                                                    A) function and data security
                                                    B) function security
                                                    C) data security
                                                    D) role security


                                                    4. Identify three setups that are required to be performed at a Project Unit level in Fusion PPM.

                                                    A) Implementation Options
                                                    B) Pi .Kit Numbering and FTIH
                                                    C) BusinessUnitAssociation
                                                    D) Contract Management Propertied
                                                    E) Reporting Setup


                                                    5. Select the appropriate phrase to accurately complete the sentence below.
                                                    Spread Curves in Fusion Project Portfolio Management allows you_____

                                                    A) distribute quantity, cost, and revenue amounts automatically acrossaccounting or project accounting periods
                                                    B) distribute quantity, cost, and revenue amounts automatically acrossproject accounting periods
                                                    C) distribute quantity, cost, and revenue amounts automatically acrossweekly calendars
                                                    D) distribute quantity, cost, and revenue amounts automatically acrossaccounting periods


                                                    Solutions:

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

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