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

  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Sep 24, 2026
  • Q & A: 79 Questions and Answers

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Oracle 1z0-498 Exam Syllabus Topics:

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

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Question #1

                              Which two options are relevant and true for Manual CapitalEvents?

                              • A. Costs and assets areusually grouped at the required time within the project duration
                              • B. They are suitable Tor [Phased projects where assets are placedIn service after eachphase is completed.
                              • C. They aresuitable for blanketprojectsthat capture costs for repetitive work.
                              • D. Costs and assets are grouped periodically throughout the duration of the project.
                              Reveal Solution  Discussion  0

                              Correct Answer: C,D  🗳️

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                              Question #2

                              Identify four allocation methods available as a seeded method under Oracle Fusion Project Costing.

                              • A. spread evenly
                              • B. prorate
                              • C. use client extension basis
                              • D. manual
                              • E. percentage and spread evenly
                              • F. variable
                              Reveal Solution  Discussion  0

                              Correct Answer: A,B,D,F  🗳️

                              Question #3

                              Identify which item is editable at the Project level

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

                              Correct Answer: E  🗳️

                              Question #4

                              Select the phrase that best completes the sentence below.

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

                              Correct Answer: D  🗳️

                              Question #5

                              Select two true statements regarding OTBI.

                              • A. OTBI helps in strategic decision such as "Is it worthwhile forme executeprojects for thiscustomer"?
                              • B. OTBI is thebusiness solution that helpsin current state analysis.
                              • C. OTBI helpsin performingtrend analysiswith unlimited historical data
                              • D. OTBI helps in tactical reporting such as helping in decisions such as "Do I need more resources on this project"?
                              Reveal Solution  Discussion  0

                              Correct Answer: A,B,D  🗳️

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