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Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Project Foundation Configuration22%- Project Types and Classifications
  • 1. Set up project statuses and lifecycle
    • 2. Define project classifications and categories
      • 3. Configure project types
        - Enterprise Structures and Project Units
        • 1. Define business units and project units
          • 2. Set up calendars and accounting periods
            • 3. Manage reference data sets
              Topic 2: 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
                        Topic 3: Project Billing and Revenue Management20%- Invoice Generation
                        • 1. Integrate with Oracle Receivables
                          • 2. Manage project invoicing options
                            - Contract and Revenue Setup
                            • 1. Define revenue recognition rules
                              • 2. Set up billing methods and schedules
                                • 3. Configure contract types and terms
                                  Topic 4: Project Performance Reporting and Integration15%- Cross-Module Integration
                                  • 1. Security and function access setup
                                    • 2. Integrate with Oracle Financials
                                      - OTBI and Analytics
                                      • 1. Configure transactional business intelligence
                                        • 2. Set up KPIs and performance dashboards
                                          Topic 5: 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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Select two default planning options that are included when Financial Plan Types are created in Fusion PPM.

                                                    • A. billing cycle version
                                                    • B. budget versions
                                                    • C. burdening versions
                                                    • D. forcecast versions
                                                    Answer: B,D

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

                                                    • A. On Budget
                                                    • B. On Track
                                                    • C. High Variance
                                                    • D. At Risk
                                                    • E. Critical
                                                    Answer: A,B,E

                                                    Identify two entitles included in the Project Transaction Type Reference Data Model.

                                                    • A. Project Expenditure Type
                                                    • B. Financial Plan Type
                                                    • C. Project Work Type
                                                    • D. Project PlanType
                                                    Answer: B,D

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

                                                    Select a Subject Area under "Project Controls" in Fusion PPM's OTBI.

                                                    • A. Project Budget
                                                    • B. Project Invoice
                                                    • C. Project Cost Journals
                                                    • D. Project Revenue
                                                    Answer: A

                                                    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. Data Role -> Duty -> Job Role
                                                    • C. Duty --> Jobs Role -> Data Role
                                                    • D. Duty ----->Data Role --> Job Role
                                                    • E. Data Role -> Job Role-> Duly
                                                    Answer: D

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