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Oracle 1z0-498 Exam Syllabus Topics:

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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Question #1

                                                    Identify which item is editable at the Project level

                                                    • A. Default FinancialType
                                                    • B. Workflows
                                                    • C. Third-party Scheduling
                                                    • D. Planning Amount
                                                    • E. Multiple Transaction Currencies
                                                    Answer: B
                                                    Question #2

                                                    At who is the Oracle Fusion Project Performance Reporting solution specifically targeted?

                                                    • A. Project team members
                                                    • B. Project managers
                                                    • C. Project accountants
                                                    • D. Project executives
                                                    Answer: C

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

                                                    Question #3

                                                    Which Security Role can be assigned to a user in Fusion Applications?

                                                    • A. Dam Ron
                                                    • B. AbstractRole
                                                    • C. Job Role
                                                    • D. Duty Role
                                                    Answer: D

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

                                                    Question #4

                                                    You have created a Financial Plan type where the planning amount option is set as cost amounts only.Based on this information identify two true scenarios.

                                                    • A. All budget versions created for the financial plan type contain only cost amounts.
                                                    • B. Allbudget versioncreatedfor the financial plan typecontainonly cost amounts and margin.D.All forecast versions created for the financial plan type contain only cost amounts and margin
                                                    • C. All forecast versions created for the financial plan typecontainonly cost amounts.
                                                    Answer: C

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

                                                    Question #5

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

                                                    • A. BI Publisher
                                                    • B. OBIA
                                                    • C. Project Performance Reporting
                                                    • D. OTBI
                                                    Answer: C
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