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  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
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  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
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Oracle 1z0-498 Exam Syllabus Topics:

SectionWeightObjectives
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. Set up progress and status tracking
        • 2. Create and manage work breakdown structures
          • 3. Microsoft Project integration
            Project Foundation Configuration22%- Project Types and Classifications
            • 1. Define project classifications and categories
              • 2. Configure project types
                • 3. Set up project statuses and lifecycle
                  - Enterprise Structures and Project Units
                  • 1. Define business units and project units
                    • 2. Set up calendars and accounting periods
                      • 3. Manage reference data sets
                        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 Costing25%- Capital Project Costing
                                • 1. Asset assignment and capitalization
                                  • 2. Capitalizable cost setup
                                    - Cost Setup and Allocation
                                    • 1. Set up burdening and overhead rules
                                      • 2. Configure cost allocation methods
                                        • 3. Define expenditure types and formats
                                          Project Billing and Revenue Management20%- Contract and Revenue Setup
                                          • 1. Configure contract types and terms
                                            • 2. Define revenue recognition rules
                                              • 3. Set up billing methods and schedules
                                                - Invoice Generation
                                                • 1. Integrate with Oracle Receivables
                                                  • 2. Manage project invoicing options

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

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

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


                                                    2. Identify three valid values for the pre-seeded Status Indicators in Fusion Project Performance Reporting.

                                                    A) On Budget
                                                    B) At Risk
                                                    C) Critical
                                                    D) High Variance
                                                    E) On Track


                                                    3. Your client is implementing Fusion Applications for his or her organization and intends to transform the complete costing process through the use of Fusion PPM. One of the concerns the client has is that the user community is required to pick expenditure types from a long list, which are hot specific to their departmental expenses. Identify there levels of filtering that will help you address this concern in Fusion PPM.

                                                    A) filter expenditure typesbased onthe set assigned to the project unit
                                                    B) filter expenditure types based on the set assigned to the expenditure types
                                                    C) filterexpenditure types based on the set assigned to the Organization Hierarchy
                                                    D) filterexpenditure types bused on the Project Unit that owns the project


                                                    4. Select two true statements regarding OTBI.

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


                                                    5. Select the phrase that best completes the sentence below.

                                                    A) an abstract role
                                                    B) a job
                                                    C) a privilege
                                                    D) a duty


                                                    Solutions:

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

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