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

Updated: Sep 21, 2026

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1z0-498 Braindumps VCE
  • 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%- Contract and Revenue Setup
  • 1. Configure contract types and terms
    • 2. Set up billing methods and schedules
      • 3. Define revenue recognition rules
        - Invoice Generation
        • 1. Manage project invoicing options
          • 2. Integrate with Oracle Receivables
            Project Costing25%- Capital Project Costing
            • 1. Capitalizable cost setup
              • 2. Asset assignment and capitalization
                - Cost Setup and Allocation
                • 1. Configure cost allocation methods
                  • 2. Define expenditure types and formats
                    • 3. Set up burdening and overhead rules
                      Project Performance Reporting and Integration15%- Cross-Module Integration
                      • 1. Integrate with Oracle Financials
                        • 2. Security and function access setup
                          - OTBI and Analytics
                          • 1. Set up KPIs and performance dashboards
                            • 2. Configure transactional business intelligence
                              Project Foundation Configuration22%- Enterprise Structures and Project Units
                              • 1. Manage reference data sets
                                • 2. Set up calendars and accounting periods
                                  • 3. Define business units and project units
                                    - Project Types and Classifications
                                    • 1. Configure project types
                                      • 2. Set up project statuses and lifecycle
                                        • 3. Define project classifications and categories
                                          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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Question #1

                                                    Identify the true statement regarding an expenditure item.

                                                    • A. An expenditure item can be adjusted on both billable and capitalizeable attributes of a transaction.
                                                    • B. An expenditure Item cannotbe adjusted on any attributes of transcation.
                                                    • C. An expenditure item con be adjusted only on the billableattributes of atransaction.
                                                    • D. An expenditureitem can be adjusted only on the capitalizable attributes of a transaction.
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: D  🗳️

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

                                                    Question #2

                                                    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. US I onProject Portfolio Managementonly
                                                    • D. In either Fusion Project Portfolio Management or in Fusion GL
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: D  🗳️

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

                                                    Question #3

                                                    Select two true statements regarding OBIA.

                                                    • A. OBIA is Fusion Applications-centric.
                                                    • B. OBIAis real time and does not depend on the ETL refresh frequency.
                                                    • C. OBIA cant.ke input, from heterogenous data sources.
                                                    • D. OBIAis used for strategic reporting.
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B,C  🗳️

                                                    Question #4

                                                    When implementing Project Performance Reporting, the client has provided the following scenario:
                                                    1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
                                                    2.As long as the project cost is less than the threshold, the project should be shown as on-track.
                                                    Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?

                                                    • A. multiple threshold levels
                                                    • B. single threshold level value
                                                    • C. multiple threshold level value
                                                    • D. single threshold level range
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B  🗳️

                                                    Question #5

                                                    Identify two predefined calendar types that can be utilized to create Period Profiles.

                                                    • A. project accounting calendar
                                                    • B. weekly calendar
                                                    • C. monthly calendar
                                                    • D. accounting calendar
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B,C  🗳️

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