1z1-498 Q&As - in .pdf

1z1-498 pdf
  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Jul 20, 2026
  • Q & A: 79 Questions and Answers
  • PDF Price: $59.99
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  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Jul 20, 2026
  • Q & A: 79 Questions and Answers
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  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Jul 20, 2026
  • Q & A: 79 Questions and Answers
  • Software Price: $59.99
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Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Project Costing25%- Cost Setup and Allocation
  • 1. Define expenditure types and formats
    • 2. Configure cost allocation methods
      • 3. Set up burdening and overhead rules
        - Capital Project Costing
        • 1. Capitalizable cost setup
          • 2. Asset assignment and capitalization
            Topic 2: Project Performance Reporting and Integration15%- Cross-Module Integration
            • 1. Security and function access setup
              • 2. Integrate with Oracle Financials
                - OTBI and Analytics
                • 1. Configure transactional business intelligence
                  • 2. Set up KPIs and performance dashboards
                    Topic 3: Project Billing and Revenue Management20%- Invoice Generation
                    • 1. Manage project invoicing options
                      • 2. Integrate with Oracle Receivables
                        - Contract and Revenue Setup
                        • 1. Configure contract types and terms
                          • 2. Define revenue recognition rules
                            • 3. Set up billing methods and schedules
                              Topic 4: 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. Configure project types
                                        • 3. Set up project statuses and lifecycle
                                          Topic 5: Project Resource and Execution Management18%- Project Planning and Execution
                                          • 1. Microsoft Project integration
                                            • 2. Create and manage work breakdown structures
                                              • 3. Set up progress and status tracking
                                                - Resource Setup
                                                • 1. Define resource classes and roles
                                                  • 2. Set up resource calendars and rates

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


                                                    2. Project managers typically have the need to plan for granular labor resources, whereas only high-level planning is sufficient for financial purposes. Identify the two true statements about the Project Integration Gateway in this background.

                                                    A) The summary information does not become a resource class resource assignment in Oracle Fusion PPM.
                                                    B) When you import the project plan, all planning for non-integrated resources is summarized by Project class.
                                                    C) You are allowed to create non-integrated resources manually in Primavera.
                                                    D) When you import the project plan, all planning for non-integrated resources is summarized by WBS.


                                                    3. Identify four predefined "Resource Classes" to spread curves can be assigned.

                                                    A) Material Items
                                                    B) Labor
                                                    C) Financial Resource
                                                    D) Equipment
                                                    E) Usage


                                                    4. Select the appropriate option to fill in the blank below.
                                                    A person is allowed to remove transactions when the Project Invoice status is _____

                                                    A) Accepted
                                                    B) Draft
                                                    C) Transferred
                                                    D) Released


                                                    5. Select two correct statements pertaining to project classifications on a template.

                                                    A) There can be a maximum of 20classifications that are allowed for entry using Quick Entry.
                                                    B) When a project is created from a template, the project classifications cannot be deleted or added
                                                    C) When a project is created from a template, the project classifications can be deleted or added
                                                    D) A project classification is a mandatory field on a project template


                                                    Solutions:

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

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