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Oracle 1z1-498 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Fusion Project Portfolio Management 2014 Essentials
Exam Number:1Z0-498
Exam Duration:120 minutes
Available Languages:English
Related Certifications:Oracle Fusion Applications Certifications
Oracle Project Portfolio Management Cloud
Real Exam Qty:55-75 (typical range for Oracle certification exams)
Exam Format:Multiple Response, Multiple Choice
Exam Price:USD 245 (may vary by region/tax)
Passing Score:65% (typical Oracle exam passing threshold; may vary)
Certificate Validity Period:Does not formally expire (legacy Oracle certification policy may vary by track)
Recommended Training:Oracle Fusion Project Portfolio Management Training
Exam Registration:Oracle Certification Portal
Sample Questions:Oracle 1z1-498 Sample Questions
Exam Way:Computer-based exam delivered via authorized Oracle testing centers or online proctored delivery depending on region availability.
Pre Condition:No formal prerequisite required; basic knowledge of Oracle Fusion Applications and project management concepts is recommended.
Official Syllabus URL:https://education.oracle.com

Oracle 1z1-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Costing and Financial Management- Billing and revenue management
  • 1. Revenue recognition basics
    • 2. Invoice generation concepts
      - Costing setup and configuration
      • 1. Cost collection and distribution rules
        • 2. Cost organizations and expenditure types
          Topic 2: Project Execution and Control- Project monitoring and control
          • 1. Issue and change management overview
            • 2. Progress tracking and reporting
              Topic 3: Reporting and Analytics- Project reporting tools
              • 1. Standard financial and project reports
                • 2. Dashboard and KPI concepts
                  Topic 4: Project Resource Management- Resource pools and staffing
                  • 1. Resource assignment process
                    • 2. Role-based staffing concepts
                      Topic 5: Project Portfolio Management Fundamentals- Project Lifecycle Management
                      • 1. Project planning and execution overview
                        • 2. Project creation and definition
                          - Overview of Oracle Fusion Project Portfolio Management
                          • 1. Business flow and solution architecture
                            • 2. Key concepts and terminology

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Question 1

                              Identify which item is editable at the Project level

                              A. Planning Amount
                              B. Workflows
                              C. Default FinancialType
                              D. Multiple Transaction Currencies
                              E. Third-party Scheduling


                              Question 2

                              Select two true statements regarding OTBI.

                              A. OTBI helps in strategic decision such as "Is it worthwhile forme executeprojects for thiscustomer"?
                              B. OTBI helps in tactical reporting such as helping in decisions such as "Do I need more resources on this project"?
                              C. OTBI is thebusiness solution that helpsin current state analysis.
                              D. OTBI helpsin performingtrend analysiswith unlimited historical data


                              Question 3

                              As you implement the Project Integration Gateway, you are required to set up the integration options for exporting actual amounts. What are the two valid options for export?

                              A. Actual Quantities end Raw Cost
                              B. Actual Quantitiesand Burdened Costs
                              C. Actual Raw cost
                              D. Actual Burdened Cost


                              Question 4

                              Select the option that accurately fills in the blank below.
                              The correct security hierarchy in Fusion Applications, from the highest in the hierarchy to the lowest, is _____.

                              A. Job Role ----> Data Role - > Duty
                              B. Duty --> Jobs Role -> Data Role
                              C. Data Role -> Duty -> Job Role
                              D. Data Role -> Job Role-> Duly
                              E. Duty ----->Data Role --> Job Role


                              Question 5

                              Select the appropriate option to fill in the blank below.
                              A person is allowed to remove transactions when the Project Invoice status is _____

                              A. Released
                              B. Draft
                              C. Transferred
                              D. Accepted


                              Solutions:

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

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