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Oracle 1z0-498 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Fusion Project Portfolio Management 2014 Essentials
Exam Number:1Z0-498
Available Languages:English
Passing Score:62%
Real Exam Qty:75–79
Exam Price:$245 USD
Exam Format:Multiple Choice, Multiple Select
Related Certifications:Oracle Fusion Applications 11g/2014 Implementation Specialist
Exam Duration:120 minutes
Certificate Validity Period:18–24 months
Recommended Training:Oracle Fusion Project Portfolio Management 2014 Implementation Training
Exam Registration:Pearson VUE Scheduling
Oracle University Exam Registration
Sample Questions:Oracle 1z0-498 Sample Questions
Exam Way:Computer-based testing at Pearson VUE centers or online proctored
Pre Condition:No mandatory prerequisites; recommended: hands-on experience with Oracle Fusion PPM and basic implementation knowledge
Official Syllabus URL:https://education.oracle.com/oracle-fusion-project-portfolio-management-2014-essentials/pexam_1Z0-498

Oracle 1z0-498 Exam Syllabus Topics:

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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Question 1

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

                                                    A. rights
                                                    B. licenses
                                                    C. honors
                                                    D. entitlements


                                                    Question 2

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

                                                    A. Reporting Setup
                                                    B. BusinessUnitAssociation
                                                    C. Pi .Kit Numbering and FTIH
                                                    D. Contract Management Propertied
                                                    E. Implementation Options


                                                    Question 3

                                                    Select the- option that accurately completes this sentence.
                                                    Eligible revenue is calculated using the formula __________

                                                    A. Potential Amount * (Transfer Price Schedule Markup percentage/100) * Transferprice rule markup percentage/100)
                                                    B. Potential Amount * Transfer Price Schedule Markup percentage/l00
                                                    C. Potential Revenue Amount* (Contribution percentage/l00)
                                                    D. Qualified Revenue Amount* (Contribution percentage/100)


                                                    Question 4

                                                    Identify two key business value propositions of Fusion Project Portfolio Management.

                                                    A. elimination ofexception-based management
                                                    B. enhanced user productivity and reduced supportcosts
                                                    C. improveddecision-making by answering keybusiness questions while users enter transactions
                                                    D. reducedcommunicationand collaboration by creating a community forthe project team


                                                    Question 5

                                                    Identify three true statements about Oracle BusinessIntelligence Applications.

                                                    A. Oracle BusinessIntelligence Applications provide unlimited historical analysis, including trending and cross-domain insight
                                                    B. Oracle Business Intelligence Applications ore not available for EBS,Peoplesoft,JD Edwards, andSieble.
                                                    C. Oracle Business IntelligenceApplications are built- on Oracle BusinessIntelligence EnterpriseEdition technology,
                                                    D. Oracle Businessintelligence Applications provide pre-packaged data warehouse, ETL, metrics, andinteractive dashboards.


                                                    Solutions:

                                                    Question 1
                                                    Answer: C
                                                    Question 2
                                                    Answer: A,B,E
                                                    Question 3
                                                    Answer: A
                                                    Question 4
                                                    Answer: A,C
                                                    Question 5
                                                    Answer: A,B,D

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