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

  • 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 Resource Management- Resource pools and staffing
  • 1. Role-based staffing concepts
    • 2. Resource assignment process
      Reporting and Analytics- Project reporting tools
      • 1. Dashboard and KPI concepts
        • 2. Standard financial and project reports
          Project Portfolio Management Fundamentals- Project Lifecycle Management
          • 1. Project creation and definition
            • 2. Project planning and execution overview
              - Overview of Oracle Fusion Project Portfolio Management
              • 1. Key concepts and terminology
                • 2. Business flow and solution architecture
                  Project Execution and Control- Project monitoring and control
                  • 1. Issue and change management overview
                    • 2. Progress tracking and reporting
                      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

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Question #1

                              Your company has set up the burdening functionality to capture the overhead costs incurred on all projects. It has been decided that these overhead costs will be stored as a separate expenditure item performed to set up the required expense account?

                              • A. Set up the total burdened cost credit SLA.
                              • B. Set up the burden cost clearing account SLA.
                              • C. Set up the account at the expenditure category defined for the burden transaction.
                              • D. Set up the account at the expenditure type defined for the burden transaction.
                              • E. Set up the burden cost account SLA,
                              Reveal Solution  Discussion  0

                              Correct Answer: E  🗳️

                              Question #2

                              Identify four predefined "Resource Classes" to spread curves can be assigned.

                              • A. Financial Resource
                              • B. Equipment
                              • C. Usage
                              • D. Material Items
                              • E. Labor
                              Reveal Solution  Discussion  0

                              Correct Answer: A,C,D,E  🗳️

                              Question #3

                              Identify the mandatory setup step under Project Invoicing options when you use Fusion Project Billing with Fusion receivables?

                              • A. Define Project Billing DescriptiveFlex Fields
                              • B. Specify Billing cycles
                              • C. Specify Override reasons
                              • D. Specify unit of measure for invoicelines sent to Fusion receivables
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

                              Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).

                              Question #4

                              Identify two reference data objects for which the default set assignments can be done for a project unit set determinant.

                              • A. Project Transaction Types
                              • B. Project Definition
                              • C. Project Rates
                              • D. Project Accounting Definition
                              Reveal Solution  Discussion  0

                              Correct Answer: A,D  🗳️

                              Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).

                              Question #5

                              Identify three true statements about Oracle BusinessIntelligence Applications.

                              • A. Oracle Business IntelligenceApplications are built- on Oracle BusinessIntelligence EnterpriseEdition technology,
                              • B. Oracle BusinessIntelligence Applications provide unlimited historical analysis, including trending and cross-domain insight
                              • C. Oracle Business Intelligence Applications ore not available for EBS,Peoplesoft,JD Edwards, andSieble.
                              • D. Oracle Businessintelligence Applications provide pre-packaged data warehouse, ETL, metrics, andinteractive dashboards.
                              Reveal Solution  Discussion  0

                              Correct Answer: B,C,D  🗳️

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