Oracle Fusion Project Portfolio Management 2014 Essentials : 1z0-498 Exam Questions

  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Oct 02, 2026
  • Q&As: 79 Questions and Answers

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Oracle 1z0-498 Exam Syllabus Topics:

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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Question #1

                                                    Select the option that enables the transactions from other sub ledger modules that are imported into Project Costing and are in :Rejected" or "Pending for processing" stage to be viewed.

                                                    • A. ManageUnreleased Expenditure Batches
                                                    • B. Manage Unprocessed Transactions
                                                    • C. Manage Expenditure Items
                                                    • D. Review Commitment Transactions
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: C  🗳️

                                                    Question #2

                                                    Select the phrase that best completes the sentence below.

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

                                                    Correct Answer: C  🗳️

                                                    Question #3

                                                    Select the appropriate option to correctly fill in the blank below.
                                                    Project team members, including the project manager, are assigned to a project using______

                                                    • A. enterprise roles
                                                    • B. project roles
                                                    • C. job roles
                                                    • D. abstract roles
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B  🗳️

                                                    Question #4

                                                    Select the option that accurately fills in the blank below.
                                                    Function security Privileges in Fusion PPM are also known as______

                                                    • A. licenses
                                                    • B. rights
                                                    • C. honors
                                                    • D. entitlements
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: C  🗳️

                                                    Question #5

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

                                                    • A. BI Publisher
                                                    • B. OTBI
                                                    • C. OBIA
                                                    • D. Project Performance Reporting
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: D  🗳️

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