Oracle 1z0-498 Dumps : 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 02, 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. Configure contract types and terms
          • 3. Define revenue recognition rules
            Project Costing25%- Cost Setup and Allocation
            • 1. Set up burdening and overhead rules
              • 2. Configure cost allocation methods
                • 3. Define expenditure types and formats
                  - Capital Project Costing
                  • 1. Capitalizable cost setup
                    • 2. Asset assignment and capitalization
                      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%- Resource Setup
                              • 1. Set up resource calendars and rates
                                • 2. Define resource classes and roles
                                  - Project Planning and Execution
                                  • 1. Set up progress and status tracking
                                    • 2. Microsoft Project integration
                                      • 3. Create and manage work breakdown structures
                                        Project Foundation Configuration22%- Project Types and Classifications
                                        • 1. Set up project statuses and lifecycle
                                          • 2. Define project classifications and categories
                                            • 3. Configure project types
                                              - Enterprise Structures and Project Units
                                              • 1. Set up calendars and accounting periods
                                                • 2. Manage reference data sets
                                                  • 3. Define business units and project units

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Which details are allowed on the "Root task" created by default when Project template is created?

                                                    A) General and Cross Charge
                                                    B) General,Contracts, and Setup
                                                    C) General, Asset Assignments, and Capital Information
                                                    D) Descriptions and Attachments


                                                    2. Your company has set up the burdening functionality to capture the overhead costs incurred on all projects. It has been decided that these overhead costs will be stored as a separate expenditure item performed to set up the required expense account?

                                                    A) Set up the account at the expenditure type defined for the burden transaction.
                                                    B) Set up the burden cost account SLA,
                                                    C) Set up the total burdened cost credit SLA.
                                                    D) Set up the burden cost clearing account SLA.
                                                    E) Set up the account at the expenditure category defined for the burden transaction.


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

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


                                                    4. Identify two entitles included in the Project Transaction Type Reference Data Model.

                                                    A) Project Expenditure Type
                                                    B) Financial Plan Type
                                                    C) Project PlanType
                                                    D) Project Work Type


                                                    5. Select the appropriate option to correctly fill in the blank below.
                                                    Project team members, including the project manager, are assigned to a project using______

                                                    A) abstract roles
                                                    B) project roles
                                                    C) enterprise roles
                                                    D) job roles


                                                    Solutions:

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

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