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Exam Code: 1z1-498
Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
Updated: Jun 10, 2026
Q & A: 79 Questions and Answers
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1. Identify two reference data objects forwhich the default setassignments can be done for a business unit set determinant.
A) Project Definition
B) ProjectAccounting Definition
C) Project Rates
D) Projecttransaction Types
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- option that accurately completes this sentence.
Eligible revenue is calculated using the formula __________
A) Potential Amount * (Transfer Price Schedule Markup percentage/100) * Transferprice rule markup percentage/100)
B) Potential Revenue Amount* (Contribution percentage/l00)
C) Qualified Revenue Amount* (Contribution percentage/100)
D) Potential Amount * Transfer Price Schedule Markup percentage/l00
4. When implementing Project Performance Reporting, the client has provided the following scenario:
1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
2.As long as the project cost is less than the threshold, the project should be shown as on-track.
Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?
A) multiple threshold levels
B) single threshold level value
C) multiple threshold level value
D) single threshold level range
5. Select the phrase that best completes the sentence below.
A) a job
B) an abstract role
C) a duty
D) a privilege
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: B,C | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: C |
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