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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 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 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 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 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 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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

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

                                                    A) AbstractRole
                                                    B) Job Role
                                                    C) Dam Ron
                                                    D) Duty Role


                                                    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.


                                                    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.


                                                    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


                                                    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


                                                    Solutions:

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

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