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Oracle 1z0-498

1z0-498

Exam Code: 1z0-498

Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials

Updated: Jul 20, 2026

Q&A Number: 79 Q&As

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Oracle 1z0-498 Exam Syllabus Topics:

SectionWeightObjectives
Project Performance Reporting and Integration15%- OTBI and Analytics
  • 1. Configure transactional business intelligence
    • 2. Set up KPIs and performance dashboards
      - Cross-Module Integration
      • 1. Security and function access setup
        • 2. Integrate with Oracle Financials
          Project Costing25%- Cost Setup and Allocation
          • 1. Configure cost allocation methods
            • 2. Set up burdening and overhead rules
              • 3. Define expenditure types and formats
                - Capital Project Costing
                • 1. Asset assignment and capitalization
                  • 2. Capitalizable cost setup
                    Project Foundation Configuration22%- Enterprise Structures and Project Units
                    • 1. Define business units and project units
                      • 2. Manage reference data sets
                        • 3. Set up calendars and accounting periods
                          - Project Types and Classifications
                          • 1. Set up project statuses and lifecycle
                            • 2. Configure project types
                              • 3. Define project classifications and categories
                                Project Resource and Execution Management18%- Project Planning and Execution
                                • 1. Set up progress and status tracking
                                  • 2. Create and manage work breakdown structures
                                    • 3. Microsoft Project integration
                                      - Resource Setup
                                      • 1. Define resource classes and roles
                                        • 2. Set up resource calendars and rates
                                          Project Billing and Revenue Management20%- Contract and Revenue Setup
                                          • 1. Set up billing methods and schedules
                                            • 2. Define revenue recognition rules
                                              • 3. Configure contract types and terms
                                                - Invoice Generation
                                                • 1. Integrate with Oracle Receivables
                                                  • 2. Manage project invoicing options

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

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

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


                                                    2. Identify two valid mappings of seeded project roles to project space roles.

                                                    A) Project Manager - Moderator
                                                    B) Project Team Member - Participant
                                                    C) Project Manage- Participant
                                                    D) Project Team Member-Moderator


                                                    3. Select three options included in Project Billing for Contract Types.

                                                    A) Interprojcet
                                                    B) Intercompany
                                                    C) Burdened Costs
                                                    D) Billing Controls


                                                    4. Select two important features of Standard Cost Collection Flex field.

                                                    A) unique I-reject cost collection requirements that are presented differently acrossall applications
                                                    B) unique project costcollection requirements thatare configured centrally
                                                    C) disintegrated means to capture, store, display, query, and reportproject-related attributes in their respective applications
                                                    D) allows customers to validate, calculate cost, and import any type of transactions that are captured internally or externally using a single process


                                                    5. In your project, during the Project Business Unit implementation, you have set the project accounting calendar to the accounting calendar and you also selected the option to maintain common accounting and project accounting periods. In such a case, which application area is the project period status managed in?

                                                    A) Both Fusion General Ledger and Fusion Project PortfolioManagement
                                                    B) US I onProject Portfolio Managementonly
                                                    C) In either Fusion Project Portfolio Management or in Fusion GL
                                                    D) Fusion General Ledger only


                                                    Solutions:

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

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