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Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
Project Performance Reporting and Integration15%- Cross-Module Integration
  • 1. Security and function access setup
    • 2. Integrate with Oracle Financials
      - OTBI and Analytics
      • 1. Configure transactional business intelligence
        • 2. Set up KPIs and performance dashboards
          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 Foundation Configuration22%- Enterprise Structures and Project Units
                    • 1. Set up calendars and accounting periods
                      • 2. Define business units and project units
                        • 3. Manage reference data sets
                          - Project Types and Classifications
                          • 1. Set up project statuses and lifecycle
                            • 2. Define project classifications and categories
                              • 3. Configure project types
                                Project Costing25%- Capital Project Costing
                                • 1. Asset assignment and capitalization
                                  • 2. Capitalizable cost setup
                                    - Cost Setup and Allocation
                                    • 1. Set up burdening and overhead rules
                                      • 2. Configure cost allocation methods
                                        • 3. Define expenditure types and formats
                                          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. Integrate with Oracle Receivables
                                                  • 2. Manage project invoicing options

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Identify three valid work areas under Project Portfolio Management.

                                                    • A. Revenue Workarea
                                                    • B. Payment Workarea
                                                    • C. Transactions Workarea
                                                    • D. Projects Workarea
                                                    • E. Capital Workarea
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: C,D,E  🗳️

                                                    Capitalization Options on a project type allows you to use cost allocation methods to automatically distribute which two types of costs across multiple assets?

                                                    • A. common costs
                                                    • B. costs attributable to a specific asset
                                                    • C. non-capitalizablecosts
                                                    • D. indirect costs
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B,D  🗳️

                                                    Identify which item is editable at the Project level

                                                    • A. Multiple Transaction Currencies
                                                    • B. Third-party Scheduling
                                                    • C. Workflows
                                                    • D. Default FinancialType
                                                    • E. Planning Amount
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: C  🗳️

                                                    Identify the statement that correctly describes how the Fusion PPM would handle a scenario in which someone attempts to import a configuration package into a instance of Fusion PPM where the implementation project name already exists.

                                                    • A. A warning is generated thatthe current implementation project currently in the system will be replaced by the new configuration package.
                                                    • B. The upload program completes in success but does not update records.
                                                    • C. The upload program ends in error.
                                                    • D. There is no warning; however, the current Implementation project is replaced withthe contents on the new configuration package.
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: D  🗳️

                                                    When implementing Project Performance Reporting, the client has provided the following scenario:
                                                    1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
                                                    2.As long as the project cost is less than the threshold, the project should be shown as on-track.
                                                    Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?

                                                    • A. multiple threshold level value
                                                    • B. multiple threshold levels
                                                    • C. single threshold level value
                                                    • D. single threshold level range
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: C  🗳️

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