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

  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Aug 16, 2026
  • Q & A: 79 Questions and Answers

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Oracle 1z0-498 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Project Performance Reporting and Integration15%- Cross-Module Integration
  • 1. Security and function access setup
    • 2. Integrate with Oracle Financials
      - OTBI and Analytics
      • 1. Set up KPIs and performance dashboards
        • 2. Configure transactional business intelligence
          Topic 2: Project Resource and Execution Management18%- Project Planning and Execution
          • 1. Set up progress and status tracking
            • 2. Create and manage work breakdown structures
              • 3. Microsoft Project integration
                - Resource Setup
                • 1. Define resource classes and roles
                  • 2. Set up resource calendars and rates
                    Topic 3: Project Costing25%- Capital Project Costing
                    • 1. Asset assignment and capitalization
                      • 2. Capitalizable cost setup
                        - Cost Setup and Allocation
                        • 1. Configure cost allocation methods
                          • 2. Define expenditure types and formats
                            • 3. Set up burdening and overhead rules
                              Topic 4: Project Foundation Configuration22%- Project Types and Classifications
                              • 1. Define project classifications and categories
                                • 2. Set up project statuses and lifecycle
                                  • 3. Configure project types
                                    - Enterprise Structures and Project Units
                                    • 1. Manage reference data sets
                                      • 2. Set up calendars and accounting periods
                                        • 3. Define business units and project units
                                          Topic 5: Project Billing and Revenue Management20%- Invoice Generation
                                          • 1. Manage project invoicing options
                                            • 2. Integrate with Oracle Receivables
                                              - Contract and Revenue Setup
                                              • 1. Define revenue recognition rules
                                                • 2. Set up billing methods and schedules
                                                  • 3. Configure contract types and terms

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Select three things the Major Axis on the Project Plan Gantt Chart timescale show when the minor axis is set to Months.

                                                    A) Days
                                                    B) Quarters
                                                    C) Weeks
                                                    D) Years
                                                    E) Half Years


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

                                                    A) Duty Role
                                                    B) AbstractRole
                                                    C) Job Role
                                                    D) Dam Ron


                                                    3. Select the appropriate phrase to fill in the blanks below.
                                                    Non-exclusive relationships between multiple projects and tasks with contracts and contract lines is a capability delivered by using_________

                                                    A) Project Contract-based billing
                                                    B) Contract Team Connect
                                                    C) Project Contract Collection Center
                                                    D) Project Contract-based costing


                                                    4. CORRECT TEXT
                                                    Select the correct option to fill in the blank below.
                                                    If revenue is recognized before billing, the accounting entry that gets triggered would be _________.

                                                    A) Option B
                                                    B) Option D
                                                    C) Option C
                                                    D) Option A


                                                    5. Identify three valid work areas under Project Portfolio Management.

                                                    A) Transactions Workarea
                                                    B) Revenue Workarea
                                                    C) Capital Workarea
                                                    D) Projects Workarea
                                                    E) Payment Workarea


                                                    Solutions:

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

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