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

1z0-498 pass collection

Exam Code: 1z0-498

Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials

Updated: Jul 20, 2026

Q & A: 79 Questions and Answers

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Oracle 1z0-498 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: 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
          Topic 2: Project Billing and Revenue Management20%- Invoice Generation
          • 1. Integrate with Oracle Receivables
            • 2. Manage project invoicing options
              - Contract and Revenue Setup
              • 1. Configure contract types and terms
                • 2. Define revenue recognition rules
                  • 3. Set up billing methods and schedules
                    Topic 3: Project Costing25%- Cost Setup and Allocation
                    • 1. Configure cost allocation methods
                      • 2. Define expenditure types and formats
                        • 3. Set up burdening and overhead rules
                          - Capital Project Costing
                          • 1. Capitalizable cost setup
                            • 2. Asset assignment and capitalization
                              Topic 4: Project Resource and Execution Management18%- Project Planning and Execution
                              • 1. Set up progress and status tracking
                                • 2. Create and manage work breakdown structures
                                  • 3. Microsoft Project integration
                                    - Resource Setup
                                    • 1. Define resource classes and roles
                                      • 2. Set up resource calendars and rates
                                        Topic 5: 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. Define project classifications and categories
                                                  • 3. Set up project statuses and lifecycle

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Identify two reference data objects for which the default set assignments can be done for a project unit set determinant.

                                                    A) Project Accounting Definition
                                                    B) Project Rates
                                                    C) Project Transaction Types
                                                    D) Project Definition


                                                    2. What does Project Performance Reporting, a specialized analytics tool, leverage?

                                                    A) BI Publisher
                                                    B) Essbase
                                                    C) Financial Reporting Center
                                                    D) OTBI


                                                    3. Select the appropriate phrase to accurately complete the sentence below.
                                                    Spread Curves in Fusion Project Portfolio Management allows you_____

                                                    A) distribute quantity, cost, and revenue amounts automatically acrossproject accounting periods
                                                    B) distribute quantity, cost, and revenue amounts automatically acrossaccounting periods
                                                    C) distribute quantity, cost, and revenue amounts automatically acrossaccounting or project accounting periods
                                                    D) distribute quantity, cost, and revenue amounts automatically acrossweekly calendars


                                                    4. Identify three true statements about Oracle BusinessIntelligence Applications.

                                                    A) Oracle Businessintelligence Applications provide pre-packaged data warehouse, ETL, metrics, andinteractive dashboards.
                                                    B) Oracle Business IntelligenceApplications are built- on Oracle BusinessIntelligence EnterpriseEdition technology,
                                                    C) Oracle Business Intelligence Applications ore not available for EBS,Peoplesoft,JD Edwards, andSieble.
                                                    D) Oracle BusinessIntelligence Applications provide unlimited historical analysis, including trending and cross-domain insight


                                                    5. Select the phrase that best completes the sentence below.

                                                    A) a job
                                                    B) a privilege
                                                    C) a duty
                                                    D) an abstract role


                                                    Solutions:

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

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