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

1z1-498
  • 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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Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
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
            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. Set up project statuses and lifecycle
                    • 2. Define project classifications and categories
                      • 3. Configure project types
                        Project Resource and Execution Management18%- Resource Setup
                        • 1. Define resource classes and roles
                          • 2. Set up resource calendars and rates
                            - Project Planning and Execution
                            • 1. Create and manage work breakdown structures
                              • 2. Set up progress and status tracking
                                • 3. Microsoft Project integration
                                  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. 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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    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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