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Oracle 1z0-498 Exam Syllabus Topics:

SectionObjectives
Project Portfolio Management Fundamentals- Overview of Oracle Fusion Project Portfolio Management
  • 1. Business flow and solution architecture
    • 2. Key concepts and terminology
      - Project Lifecycle Management
      • 1. Project creation and definition
        • 2. Project planning and execution overview
          Project Resource Management- Resource pools and staffing
          • 1. Resource assignment process
            • 2. Role-based staffing concepts
              Project Costing and Financial Management- Costing setup and configuration
              • 1. Cost organizations and expenditure types
                • 2. Cost collection and distribution rules
                  - Billing and revenue management
                  • 1. Revenue recognition basics
                    • 2. Invoice generation concepts
                      Reporting and Analytics- Project reporting tools
                      • 1. Standard financial and project reports
                        • 2. Dashboard and KPI concepts
                          Project Execution and Control- Project monitoring and control
                          • 1. Progress tracking and reporting
                            • 2. Issue and change management overview

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. 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


                              2. In your project, during the Project Business Unit implementation, you have set the project accounting calendar to the accounting calendar and you also selected the option to maintain common accounting and project accounting periods. In such a case, which application area is the project period status managed in?

                              A) Fusion General Ledger only
                              B) Both Fusion General Ledger and Fusion Project PortfolioManagement
                              C) In either Fusion Project Portfolio Management or in Fusion GL
                              D) US I onProject Portfolio Managementonly


                              3. A customer is using Fusion Payables and Fusion Project Portfolio Management.
                              The customer has two suppliers setup with names X and Y respectively.
                              Supplier Y has been merged with supplier X. the supplier merge program is run from the supplier merge option in Fusion Payables and you have chosen to merge all transactions. What will happen to the supplier references on transactions related to supplier Y that are already interfaced to Fusion Project Portfolio Management?

                              A) The transact Ions related to supplierX and Y will be deleted from Fusion PPM.
                              B) The transaction related to Supplier Y will be deleted from Fusion PPM.
                              C) The supplier merge program does not impact any supplier transactions that are already in Fusion PPM.
                              D) The supplier references to supplier Y will be modified to supplier X for all transactions existing in Fusion PPM.
                              E) The supplier merge program completes with error.The merge is not possible because the transactions are already in Fusion PPM.


                              4. 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


                              5. Oracle delivers the seeded capability to drill down on expenditure items in which tool?

                              A) BI Publisher
                              B) OBIA
                              C) OTBI
                              D) Project Performance Reporting


                              Solutions:

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

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