Oracle Fusion Project Portfolio Management 2014 Essentials - 1z1-498

Oracle 1z1-498 test insides dumps
  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Aug 02, 2026
  • Q & A: 79 Questions and Answers
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Oracle 1z1-498 Exam Syllabus Topics:
SectionWeightObjectives
Project Costing25%- Cost Setup and Allocation
  • 1. Configure cost allocation methods
    • 2. Define expenditure types and formats
      • 3. Set up burdening and overhead rules
        - Capital Project Costing
        • 1. Asset assignment and capitalization
          • 2. Capitalizable cost setup
            Project Billing and Revenue Management20%- Invoice Generation
            • 1. Integrate with Oracle Receivables
              • 2. Manage project invoicing options
                - Contract and Revenue Setup
                • 1. Configure contract types and terms
                  • 2. Set up billing methods and schedules
                    • 3. Define revenue recognition rules
                      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. Define project classifications and categories
                              • 2. Configure project types
                                • 3. Set up project statuses and lifecycle
                                  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. Create and manage work breakdown structures
                                        • 2. Set up progress and status tracking
                                          • 3. Microsoft Project integration
                                            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
                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. You have created a Financial Plan type where the planning amount option is set as cost amounts only.Based on this information identify two true scenarios.

                                                    A) All budget versions created for the financial plan type contain only cost amounts.
                                                    B) All forecast versions created for the financial plan typecontainonly cost amounts.
                                                    C) Allbudget versioncreatedfor the financial plan typecontainonly cost amounts and margin.D.All forecast versions created for the financial plan type contain only cost amounts and margin


                                                    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) When you import the project plan, all planning for non-integrated resources is summarized by WBS.
                                                    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) The summary information does not become a resource class resource assignment in Oracle Fusion PPM.


                                                    3. Select three things the Major Axis on the Project Plan Gantt Chart timescale show when the minor axis is set to Months.

                                                    A) Weeks
                                                    B) Years
                                                    C) Quarters
                                                    D) Days
                                                    E) Half Years


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

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


                                                    5. Select the option that accurately fills in the blank below.
                                                    The correct security hierarchy in Fusion Applications, from the highest in the hierarchy to the lowest, is _____.

                                                    A) Job Role ----> Data Role - > Duty
                                                    B) Data Role -> Job Role-> Duly
                                                    C) Data Role -> Duty -> Job Role
                                                    D) Duty ----->Data Role --> Job Role
                                                    E) Duty --> Jobs Role -> Data Role


                                                    Solutions:

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

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