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

1z0-498 actual test
  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Aug 19, 2026
  • Q & A: 79 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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Oracle 1z0-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Resource Management- Resource pools and staffing
  • 1. Role-based staffing concepts
    • 2. Resource assignment process
      Topic 2: Project Costing and Financial Management- Billing and revenue management
      • 1. Invoice generation concepts
        • 2. Revenue recognition basics
          - Costing setup and configuration
          • 1. Cost organizations and expenditure types
            • 2. Cost collection and distribution rules
              Topic 3: Project Portfolio Management Fundamentals- Overview of Oracle Fusion Project Portfolio Management
              • 1. Business flow and solution architecture
                • 2. Key concepts and terminology
                  - Project Lifecycle Management
                  • 1. Project planning and execution overview
                    • 2. Project creation and definition
                      Topic 4: Reporting and Analytics- Project reporting tools
                      • 1. Dashboard and KPI concepts
                        • 2. Standard financial and project reports
                          Topic 5: Project Execution and Control- Project monitoring and control
                          • 1. Issue and change management overview
                            • 2. Progress tracking and reporting

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. During an implementation, one of your consultants wants to understand the order in which Fusion PPM searches for the Labor Costing Overrides, Identify the advice that should be shared with the consultant to help him or her obtain an accurate understanding of the order. In which Fusion PPM searches for the Labor Costing Overrides.

                              A) Person,Joband Organization Combination- ->Person and Job combination
                              B) Person---> Person and Job Combination ---> Person, Job and OrganizationCombination
                              C) Person, Job and Organization Combination---->Personand Job Combination---->Person
                              D) Person and Organize> Ion Combination -> Person andJob Combination___> Person


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


                              3. Your client is implementing Fusion Applications for his or her organization and intends to transform the complete costing process through the use of Fusion PPM. One of the concerns the client has is that the user community is required to pick expenditure types from a long list, which are hot specific to their departmental expenses. Identify there levels of filtering that will help you address this concern in Fusion PPM.

                              A) filterexpenditure types based on the set assigned to the Organization Hierarchy
                              B) filterexpenditure types bused on the Project Unit that owns the project
                              C) filter expenditure types based on the set assigned to the expenditure types
                              D) filter expenditure typesbased onthe set assigned to the project unit


                              4. You define Assets for your project and assign them to the project or task level. What should be the value of the project asset type to generate the asset line?

                              A) as built
                              B) generate
                              C) built
                              D) estimated
                              E) regenerate


                              5. 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) You are allowed to create non-integrated resources manually in Primavera.
                              C) The summary information does not become a resource class resource assignment in Oracle Fusion PPM.
                              D) When you import the project plan, all planning for non-integrated resources is summarized by Project class.


                              Solutions:

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

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