Oracle 1z0-498 - Oracle Fusion Project Portfolio Management 2014 Essentials

Oracle 1z0-498 Actual PDF
  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Jul 29, 2026
  • Q & A: 79 Questions and Answers
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Oracle 1z0-498 Exam Syllabus Topics:

SectionObjectives
Project Portfolio Management Fundamentals- Project Lifecycle Management
  • 1. Project planning and execution overview
    • 2. Project creation and definition
      - Overview of Oracle Fusion Project Portfolio Management
      • 1. Key concepts and terminology
        • 2. Business flow and solution architecture
          Reporting and Analytics- Project reporting tools
          • 1. Dashboard and KPI concepts
            • 2. Standard financial and project reports
              Project Execution and Control- Project monitoring and control
              • 1. Progress tracking and reporting
                • 2. Issue and change management overview
                  Project Resource Management- Resource pools and staffing
                  • 1. Role-based staffing concepts
                    • 2. Resource assignment process
                      Project Costing and Financial Management- Costing setup and configuration
                      • 1. Cost collection and distribution rules
                        • 2. Cost organizations and expenditure types
                          - Billing and revenue management
                          • 1. Revenue recognition basics
                            • 2. Invoice generation concepts

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. Through which two aspects does Fusion PPM provide improved capability of Role Based Security?

                              A) transparentand consistent data security
                              B) enforcement across entire technologystack
                              C) monitor key projects transaction processing and exception rates
                              D) non-centralized access and function-based entitlement management
                              E) single point of administration forboth applications and technology


                              2. Select a Subject Area under "Project Controls" in Fusion PPM's OTBI.

                              A) Project Invoice
                              B) Project Cost Journals
                              C) Project Revenue
                              D) Project Budget


                              3. CORRECT TEXT
                              Select the correct option to fill in the blank below.
                              If revenue is recognized before billing, the accounting entry that gets triggered would be _________.

                              A) Option C
                              B) Option B
                              C) Option A
                              D) Option D


                              4. At who is the Oracle Fusion Project Performance Reporting solution specifically targeted?

                              A) Project managers
                              B) Project team members
                              C) Project accountants
                              D) Project executives


                              5. Your company has set up the burdening functionality to capture the overhead costs incurred on all projects. It has been decided that these overhead costs will be stored as a separate expenditure item performed to set up the required expense account?

                              A) Set up the account at the expenditure type defined for the burden transaction.
                              B) Set up the account at the expenditure category defined for the burden transaction.
                              C) Set up the burden cost clearing account SLA.
                              D) Set up the total burdened cost credit SLA.
                              E) Set up the burden cost account SLA,


                              Solutions:

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

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