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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. Set up billing methods and schedules
        • 2. Define revenue recognition rules
          • 3. Configure contract types and terms
            Project Foundation Configuration22%- Project Types and Classifications
            • 1. Set up project statuses and lifecycle
              • 2. Define project classifications and categories
                • 3. Configure project types
                  - 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 Performance Reporting and Integration15%- OTBI and Analytics
                        • 1. Configure transactional business intelligence
                          • 2. Set up KPIs and performance dashboards
                            - Cross-Module Integration
                            • 1. Security and function access setup
                              • 2. Integrate with Oracle Financials
                                Project Resource and Execution Management18%- Resource Setup
                                • 1. Set up resource calendars and rates
                                  • 2. Define resource classes and roles
                                    - Project Planning and Execution
                                    • 1. Microsoft Project integration
                                      • 2. Create and manage work breakdown structures
                                        • 3. Set up progress and status tracking
                                          Project Costing25%- Cost Setup and Allocation
                                          • 1. Configure cost allocation methods
                                            • 2. Set up burdening and overhead rules
                                              • 3. Define expenditure types and formats
                                                - Capital Project Costing
                                                • 1. Asset assignment and capitalization
                                                  • 2. Capitalizable cost setup

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    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. estimated
                                                    • B. built
                                                    • C. as built
                                                    • D. regenerate
                                                    • E. generate
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: E  🗳️

                                                    Identify three setups that are required to be performed at a Project Unit level in Fusion PPM.

                                                    • A. Contract Management Propertied
                                                    • B. Reporting Setup
                                                    • C. BusinessUnitAssociation
                                                    • D. Implementation Options
                                                    • E. Pi .Kit Numbering and FTIH
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B,C,D  🗳️

                                                    Project Analytics in Fusion Applications provides the project commitment summary. Select three additional commitment sources provided by Project Analytics.

                                                    • A. Requisitions
                                                    • B. Timecards
                                                    • C. Unaccounted Supplier Invoices
                                                    • D. Purchase Orders
                                                    • E. PO Receipts
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,C,E  🗳️

                                                    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 supplier merge program does not impact any supplier transactions that are already in Fusion PPM.
                                                    • B. The supplier merge program completes with error.The merge is not possible because the transactions are already in Fusion PPM.
                                                    • C. The transaction related to Supplier Y will be deleted from Fusion PPM.
                                                    • D. The transact Ions related to supplierX and Y will be deleted from Fusion PPM.
                                                    • E. The supplier references to supplier Y will be modified to supplier X for all transactions existing in Fusion PPM.
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: C  🗳️

                                                    Select the phrase that best completes the sentence below.

                                                    • A. an abstract role
                                                    • B. a duty
                                                    • C. a job
                                                    • D. a privilege
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B  🗳️

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