Oracle Fusion Project Portfolio Management 2014 Essentials: 1z1-498 Exam

"Oracle Fusion Project Portfolio Management 2014 Essentials", also known as 1z1-498 exam, is a Oracle Certification. With the complete collection of questions and answers, ExamcollectionPass has assembled to take you through 79 Q&As to your 1z1-498 Exam preparation. In the 1z1-498 exam resources, you will cover every field and category in 11g Certification helping to ready you for your successful Oracle Certification.

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  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Certification Provider: Oracle
  • Corresponding Certification: 11g
  • Updated: Sep 09, 2026
  • No. of Questions: 79 Questions & Answers with Testing Engine
  • Download Limit: Unlimited

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Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Project Billing and Revenue Management20%- Invoice Generation
  • 1. Manage project invoicing options
    • 2. Integrate with Oracle Receivables
      - Contract and Revenue Setup
      • 1. Define revenue recognition rules
        • 2. Configure contract types and terms
          • 3. Set up billing methods and schedules
            Topic 2: 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
                    Topic 3: Project Foundation Configuration22%- Enterprise Structures and Project Units
                    • 1. Define business units and project units
                      • 2. Manage reference data sets
                        • 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
                                Topic 4: Project Costing25%- Capital Project Costing
                                • 1. Asset assignment and capitalization
                                  • 2. Capitalizable cost setup
                                    - Cost Setup and Allocation
                                    • 1. Configure cost allocation methods
                                      • 2. Set up burdening and overhead rules
                                        • 3. Define expenditure types and formats
                                          Topic 5: Project Resource and Execution Management18%- Project Planning and Execution
                                          • 1. Create and manage work breakdown structures
                                            • 2. Set up progress and status tracking
                                              • 3. Microsoft Project integration
                                                - Resource Setup
                                                • 1. Define resource classes and roles
                                                  • 2. Set up resource calendars and rates

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Question 1

                                                    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


                                                    Question 2

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

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


                                                    Question 3

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

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


                                                    Question 4

                                                    Identify three valid values for the pre-seeded Status Indicators in Fusion Project Performance Reporting.

                                                    A. On Track
                                                    B. At Risk
                                                    C. On Budget
                                                    D. High Variance
                                                    E. Critical


                                                    Question 5

                                                    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. Contract Currency
                                                    C. Project Ledger Currency
                                                    D. Project Currency


                                                    Solutions:

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

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