Oracle 1z1-498 real exam prep : Oracle Fusion Project Portfolio Management 2014 Essentials

  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Aug 22, 2026
  • Q&As: 79 Questions and Answers

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1z1-498 exam dumps

Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: 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. Set up progress and status tracking
        • 2. Microsoft Project integration
          • 3. Create and manage work breakdown structures
            Topic 2: Project Foundation Configuration22%- Enterprise Structures and Project Units
            • 1. Manage reference data sets
              • 2. Set up calendars and accounting periods
                • 3. Define business units and project units
                  - Project Types and Classifications
                  • 1. Define project classifications and categories
                    • 2. Set up project statuses and lifecycle
                      • 3. Configure project types
                        Topic 3: Project Billing and Revenue Management20%- Invoice Generation
                        • 1. Integrate with Oracle Receivables
                          • 2. Manage project invoicing options
                            - Contract and Revenue Setup
                            • 1. Define revenue recognition rules
                              • 2. Configure contract types and terms
                                • 3. Set up billing methods and schedules
                                  Topic 4: Project Performance Reporting and Integration15%- Cross-Module Integration
                                  • 1. Integrate with Oracle Financials
                                    • 2. Security and function access setup
                                      - OTBI and Analytics
                                      • 1. Set up KPIs and performance dashboards
                                        • 2. Configure transactional business intelligence
                                          Topic 5: Project Costing25%- Cost Setup and Allocation
                                          • 1. Define expenditure types and formats
                                            • 2. Set up burdening and overhead rules
                                              • 3. Configure cost allocation methods
                                                - Capital Project Costing
                                                • 1. Asset assignment and capitalization
                                                  • 2. Capitalizable cost setup

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

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

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


                                                    2. Oracle delivers the seeded capability to drill down on expenditure items in which tool?

                                                    A) BI Publisher
                                                    B) OTBI
                                                    C) Project Performance Reporting
                                                    D) OBIA


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

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


                                                    4. Select the phrase that best completes the sentence below.

                                                    A) an abstract role
                                                    B) a privilege
                                                    C) a duty
                                                    D) a job


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

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


                                                    Solutions:

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

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