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Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Project Billing and Revenue Management20%- Invoice Generation
  • 1. Integrate with Oracle Receivables
    • 2. Manage project invoicing options
      - Contract and Revenue Setup
      • 1. Define revenue recognition rules
        • 2. Set up billing methods and schedules
          • 3. Configure contract types and terms
            Topic 2: Project Performance Reporting and Integration15%- OTBI and Analytics
            • 1. Set up KPIs and performance dashboards
              • 2. Configure transactional business intelligence
                - Cross-Module Integration
                • 1. Security and function access setup
                  • 2. Integrate with Oracle Financials
                    Topic 3: 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. Set up resource calendars and rates
                            • 2. Define resource classes and roles
                              Topic 4: Project Costing25%- Capital Project Costing
                              • 1. Capitalizable cost setup
                                • 2. Asset assignment and capitalization
                                  - Cost Setup and Allocation
                                  • 1. Define expenditure types and formats
                                    • 2. Configure cost allocation methods
                                      • 3. Set up burdening and overhead rules
                                        Topic 5: Project Foundation Configuration22%- Project Types and Classifications
                                        • 1. Configure project types
                                          • 2. Set up project statuses and lifecycle
                                            • 3. Define project classifications and categories
                                              - Enterprise Structures and Project Units
                                              • 1. Manage reference data sets
                                                • 2. Define business units and project units
                                                  • 3. Set up calendars and accounting periods

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Question #1

                                                    During an implementation, one of your consultants wants to understand the order in which Fusion PPM searches for the Labor Costing Overrides, Identify the advice that should be shared with the consultant to help him or her obtain an accurate understanding of the order. In which Fusion PPM searches for the Labor Costing Overrides.

                                                    • A. Person and Organize> Ion Combination -> Person andJob Combination___> Person
                                                    • B. Person---> Person and Job Combination ---> Person, Job and OrganizationCombination
                                                    • C. Person,Joband Organization Combination- ->Person and Job combination
                                                    • D. Person, Job and Organization Combination---->Personand Job Combination---->Person
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B  🗳️

                                                    Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

                                                    Question #2

                                                    Which details are allowed on the "Root task" created by default when Project template is created?

                                                    • A. General, Asset Assignments, and Capital Information
                                                    • B. General,Contracts, and Setup
                                                    • C. General and Cross Charge
                                                    • D. Descriptions and Attachments
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: C  🗳️

                                                    Question #3

                                                    Select the two options that would accurately fill in the blanks in the sentences below.
                                                    The rate sources in Fusion PPM are based on the Schedule Types specified on the Invoice and Revenue Methods. If the schedule type is Labor Schedule, Bill Rate, then a valid rate source would be ____________ or _______.

                                                    • A. Job billrate schedule
                                                    • B. Burden schedule
                                                    • C. Labor burden schedule
                                                    • D. Employee bill rate schedule
                                                    • E. Labortransfer price schedule
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,D  🗳️

                                                    Question #4

                                                    As you implement the Project Integration Gateway, you are required to set up the integration options for exporting actual amounts. What are the two valid options for export?

                                                    • A. Actual Quantities end Raw Cost
                                                    • B. Actual Quantitiesand Burdened Costs
                                                    • C. Actual Raw cost
                                                    • D. Actual Burdened Cost
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B,C  🗳️

                                                    Question #5

                                                    Identify the two abstract roles predefined in Fusion PPM.

                                                    • A. Project Creator
                                                    • B. Project Administrator
                                                    • C. Project Manager
                                                    • D. Project Accountant
                                                    • E. Project Team Member
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: C,E  🗳️

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