Oracle 1z0-498 Valid Q&A - in .pdf

  • 1z0-498 pdf
  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Jul 31, 2026
  • Q & A: 79 Questions and Answers
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  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
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  • Q & A: 79 Questions and Answers
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Oracle 1z0-498 Exam Syllabus Topics:

SectionWeightObjectives
Project Costing25%- Cost Setup and Allocation
  • 1. Set up burdening and overhead rules
    • 2. Define expenditure types and formats
      • 3. Configure cost allocation methods
        - Capital Project Costing
        • 1. Capitalizable cost setup
          • 2. Asset assignment and capitalization
            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. Microsoft Project integration
                    • 3. Set up progress and status tracking
                      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 Billing and Revenue Management20%- Contract and Revenue Setup
                              • 1. Define revenue recognition rules
                                • 2. Set up billing methods and schedules
                                  • 3. Configure contract types and terms
                                    - Invoice Generation
                                    • 1. Integrate with Oracle Receivables
                                      • 2. Manage project invoicing options
                                        Project Foundation Configuration22%- Project Types and Classifications
                                        • 1. Define project classifications and categories
                                          • 2. Configure project types
                                            • 3. Set up project statuses and lifecycle
                                              - Enterprise Structures and Project Units
                                              • 1. Define business units and project units
                                                • 2. Set up calendars and accounting periods
                                                  • 3. Manage reference data sets

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. 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) Fusion General Ledger only
                                                    C) In either Fusion Project Portfolio Management or in Fusion GL
                                                    D) US I onProject Portfolio Managementonly


                                                    2. Select the appropriate option to correctly fill in the blank below.
                                                    Project team members, including the project manager, are assigned to a project using______

                                                    A) enterprise roles
                                                    B) project roles
                                                    C) job roles
                                                    D) abstract roles


                                                    3. Select the contract status in which the contract can be reverted to a pervious active version.

                                                    A) In draft status
                                                    B) Under amendment status and approved
                                                    C) Underamendment status
                                                    D) In pending acceptance status


                                                    4. 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 B
                                                    B) Option A
                                                    C) Option C
                                                    D) Option D


                                                    5. Identify three setups that are required to be performed at a Project Unit level in Fusion PPM.

                                                    A) Implementation Options
                                                    B) Pi .Kit Numbering and FTIH
                                                    C) Contract Management Propertied
                                                    D) Reporting Setup
                                                    E) BusinessUnitAssociation


                                                    Solutions:

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

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