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 08, 2026
  • Q & A: 79 Questions and Answers

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Oracle 1z0-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Costing and Financial Management- Billing and revenue management
  • 1. Invoice generation concepts
    • 2. Revenue recognition basics
      - Costing setup and configuration
      • 1. Cost collection and distribution rules
        • 2. Cost organizations and expenditure types
          Topic 2: Project Resource Management- Resource pools and staffing
          • 1. Resource assignment process
            • 2. Role-based staffing concepts
              Topic 3: Project Execution and Control- Project monitoring and control
              • 1. Issue and change management overview
                • 2. Progress tracking and reporting
                  Topic 4: 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
                          Topic 5: Reporting and Analytics- Project reporting tools
                          • 1. Standard financial and project reports
                            • 2. Dashboard and KPI concepts

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. Select three items that can be managed as a part of the configuration of the KPIs for Project Performance Reporting?

                              A) status indicators
                              B) fact indicators
                              C) dimension indicators
                              D) trend indicators
                              E) KPI categories


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

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


                              3. Identify the statement that correctly describes how the Fusion PPM would handle a scenario in which someone attempts to import a configuration package into a instance of Fusion PPM where the implementation project name already exists.

                              A) A warning is generated thatthe current implementation project currently in the system will be replaced by the new configuration package.
                              B) The upload program completes in success but does not update records.
                              C) The upload program ends in error.
                              D) There is no warning; however, the current Implementation project is replaced withthe contents on the new configuration package.


                              4. You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be met for this to be possible?

                              A) Invoice has no payments.
                              B) Invoice is released.
                              C) Credit memo is created.
                              D) Invoicehas no adjustment or crediting Invoices applied to it.


                              5. Select the option that enables the transactions from other sub ledger modules that are imported into Project Costing and are in :Rejected" or "Pending for processing" stage to be viewed.

                              A) ManageUnreleased Expenditure Batches
                              B) Manage Unprocessed Transactions
                              C) Manage Expenditure Items
                              D) Review Commitment Transactions


                              Solutions:

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

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