Oracle 1z0-498 Dumps : 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 20, 2026

Q & A: 79 Questions and Answers

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Oracle 1z0-498 Exam Syllabus Topics:

SectionWeightObjectives
Project Performance Reporting and Integration15%- Cross-Module Integration
  • 1. Integrate with Oracle Financials
    • 2. Security and function access setup
      - OTBI and Analytics
      • 1. Configure transactional business intelligence
        • 2. Set up KPIs and performance dashboards
          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. Create and manage work breakdown structures
                • 2. Microsoft Project integration
                  • 3. Set up progress and status tracking
                    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. Capitalizable cost setup
                            • 2. Asset assignment and capitalization
                              Project Foundation Configuration22%- Project Types and Classifications
                              • 1. Configure project types
                                • 2. Define project classifications and categories
                                  • 3. Set up project statuses and lifecycle
                                    - 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 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. Manage project invoicing options
                                                  • 2. Integrate with Oracle Receivables

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Identify two key business value propositions of Fusion Project Portfolio Management.

                                                    A) enhanced user productivity and reduced supportcosts
                                                    B) reducedcommunicationand collaboration by creating a community forthe project team
                                                    C) improveddecision-making by answering keybusiness questions while users enter transactions
                                                    D) elimination ofexception-based management


                                                    2. From an OTBI reporting standpoint, the concepts of Facts, Dimensions, and Criteria are used. If you are running a report that provides "Revenue created by contract by day for the past month", which part of this report name represents the "Fact"?

                                                    A) for the past month
                                                    B) by contract
                                                    C) by day
                                                    D) revenue created


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


                                                    4. Identify three aspects that help define Oracle Transactional Business Intelligence.

                                                    A) Oracle Transactional Business Intelligence is built on Oracle Business Intelligence Enterprise Edition technology.
                                                    B) Oracle Transactional Business Intelligence provides unlimited historical analysis, including
                                                    C) Oracle Transactional Business Intelligence is a real time, self-service reporting directly off Fusion
                                                    D) Oracle Transactional Business Intelligence provides pre-packaged content covering major Fusion Applications.


                                                    5. When implementing Project Performance Reporting, the client has provided the following scenario:
                                                    1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
                                                    2.As long as the project cost is less than the threshold, the project should be shown as on-track.
                                                    Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?

                                                    A) multiple threshold level value
                                                    B) single threshold level range
                                                    C) multiple threshold levels
                                                    D) single threshold level value


                                                    Solutions:

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

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