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 03, 2026

Q & A: 79 Questions and Answers

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Oracle 1z0-498 Exam Syllabus Topics:

SectionWeightObjectives
Project Costing25%- Cost Setup and Allocation
  • 1. Set up burdening and overhead rules
    • 2. Define expenditure types and formats
      • 3. Configure cost allocation methods
        - 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. Configure project types
                    • 2. Set up project statuses and lifecycle
                      • 3. Define project classifications and categories
                        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 Billing and Revenue Management20%- Contract and Revenue Setup
                                • 1. Define revenue recognition rules
                                  • 2. Configure contract types and terms
                                    • 3. Set up billing methods and schedules
                                      - Invoice Generation
                                      • 1. Manage project invoicing options
                                        • 2. Integrate with Oracle Receivables
                                          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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Identify two important aspects of the Non-Labor Bill Rate Schedules.

                                                    A) They do not allow the mark up percentage to be O.
                                                    B) They are job-based rate schedule
                                                    C) They are expenditure Type based rate schedules
                                                    D) Theyallow expenditure types to be used along with arateor a markup percent.


                                                    2. Most Project Management solutions are plagued with the configurations that have financial and project management reference data intertwined. By introducing which two concepts has Fusion PPM.

                                                    A) Project Unit
                                                    B) Business Unit
                                                    C) Organization Classification
                                                    D) PPM specific organization hierarchy
                                                    E) SetID


                                                    3. Choose the correct statement related to the project start and end dates.

                                                    A) If the task dates roll up the task hierarchy automatically, then the project dates cannot be edited.
                                                    B) If the task dates roll up the task hierarchy automatically, then the project dates can be edited.
                                                    C) In an auto roll up of task dates, the project start date does not coincide with the latest task finish date.
                                                    D) In an auto roll up of task dates, the project start date does not coincide with the earliest task.


                                                    4. Identify two transactions that are treated as Commitment transactions in Oracle Fusion Portfolio Management.

                                                    A) invoices transferred to Fusion Assets
                                                    B) purchase order changed to a project
                                                    C) received goods on a project that are not yet transferred or imported into Oracle Fusion PPM
                                                    D) projectrelated invoices that are accounted and interfaced into Oracle Fusion PPM


                                                    5. Select the option that accurately fills in the blank below.
                                                    Function security Privileges in Fusion PPM are also known as______

                                                    A) entitlements
                                                    B) rights
                                                    C) licenses
                                                    D) honors


                                                    Solutions:

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

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