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  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
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Oracle 1z0-498 Exam Syllabus Topics:

SectionWeightObjectives
Project Resource and Execution Management18%- Project Planning and Execution
  • 1. Set up progress and status tracking
    • 2. Microsoft Project integration
      • 3. Create and manage work breakdown structures
        - Resource Setup
        • 1. Set up resource calendars and rates
          • 2. Define resource classes and roles
            Project Performance Reporting and Integration15%- Cross-Module Integration
            • 1. Security and function access setup
              • 2. Integrate with Oracle Financials
                - OTBI and Analytics
                • 1. Configure transactional business intelligence
                  • 2. Set up KPIs and performance dashboards
                    Project Billing and Revenue Management20%- Invoice Generation
                    • 1. Integrate with Oracle Receivables
                      • 2. Manage project invoicing options
                        - Contract and Revenue Setup
                        • 1. Define revenue recognition rules
                          • 2. Set up billing methods and schedules
                            • 3. Configure contract types and terms
                              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. Configure project types
                                      • 2. Set up project statuses and lifecycle
                                        • 3. Define project classifications and categories
                                          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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Question #1

                                                    Which Security Role can be assigned to a user in Fusion Applications?

                                                    • A. AbstractRole
                                                    • B. Job Role
                                                    • C. Dam Ron
                                                    • D. Duty Role
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: D  🗳️

                                                    Explanation: Only visible for RealValidExam members. You can sign-up / login (it's free).

                                                    Question #2

                                                    Identify two restrictions that are applied by Oracle Fusion PPM, when exporting a new project from Microsoft Project.

                                                    • A. A baseline for the projectplan must beset.
                                                    • B. The primary planning resource breakdown structure associated with the projector template must allow changes at the project level.
                                                    • C. You must selecta source project of template
                                                    • D. You must generate a budget version and-create a baseline,
                                                    • E. The source projector template must allowfor third-party scheduling.
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: C,D  🗳️

                                                    Question #3

                                                    Identify two statements that are true for Fusion Project Portfolio Management in relation to the Calendar and period management.

                                                    • A. You can maintain the statuses of the periods independently, even in spite of using the same calendar.
                                                    • B. You can use the same calendar for both your project accounting and accounting.
                                                    • C. By using the option of "Maintain common accounting and project accounting periods" you increase the period maintenance activity during the month end.
                                                    • D. Accounting periods are used to track budgets and forecasts, summarize project amounts for reporting, and track project status.
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,D  🗳️

                                                    Question #4

                                                    Identify the two currencies that Fusion PPM automatically converts transactions to, when a Financial Plan Type is enabled for planning in multiple currencies.

                                                    • A. Reporting Currency
                                                    • B. Project Currency
                                                    • C. Project Ledger Currency
                                                    • D. Contract Currency
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,C  🗳️

                                                    Explanation: Only visible for RealValidExam members. You can sign-up / login (it's free).

                                                    Question #5

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

                                                    • A. Project team members
                                                    • B. Project executives
                                                    • C. Project accountants
                                                    • D. Project managers
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: C  🗳️

                                                    Explanation: Only visible for RealValidExam members. You can sign-up / login (it's free).

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