- Exam Code: 1z1-498
- Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
- Updated: Jul 19, 2026
- Q & A: 79 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Project Billing and Revenue Management | 20% | - Invoice Generation
|
| Project Foundation Configuration | 22% | - Enterprise Structures and Project Units
|
| Project Resource and Execution Management | 18% | - Resource Setup
|
| Project Costing | 25% | - Capital Project Costing
|
| Project Performance Reporting and Integration | 15% | - Cross-Module Integration
|
1. Through which two aspects does Fusion PPM provide improved capability of Role Based Security?
A) transparentand consistent data security
B) single point of administration forboth applications and technology
C) non-centralized access and function-based entitlement management
D) monitor key projects transaction processing and exception rates
E) enforcement across entire technologystack
2. You define Assets for your project and assign them to the project or task level. What should be the value of the project asset type to generate the asset line?
A) as built
B) built
C) regenerate
D) estimated
E) generate
3. Project managers typically have the need to plan for granular labor resources, whereas only high-level planning is sufficient for financial purposes. Identify the two true statements about the Project Integration Gateway in this background.
A) When you import the project plan, all planning for non-integrated resources is summarized by WBS.
B) When you import the project plan, all planning for non-integrated resources is summarized by Project class.
C) You are allowed to create non-integrated resources manually in Primavera.
D) The summary information does not become a resource class resource assignment in Oracle Fusion PPM.
4. Select the contract status in which the contract can be reverted to a pervious active version.
A) In pending acceptance status
B) Under amendment status and approved
C) Underamendment status
D) In draft status
5. Identify the statement that correctly describes how the Fusion PPM would handle a scenario in which someone attempts to import a configuration package into a instance of Fusion PPM where the implementation project name already exists.
A) There is no warning; however, the current Implementation project is replaced withthe contents on the new configuration package.
B) The upload program ends in error.
C) A warning is generated thatthe current implementation project currently in the system will be replaced by the new configuration package.
D) The upload program completes in success but does not update records.
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: E | Question # 3 Answer: A,D | Question # 4 Answer: D | Question # 5 Answer: A |
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