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Oracle 1z0-498

1z0-498

Exam Code: 1z0-498

Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials

Updated: Aug 19, 2026

Q & A: 79 Questions and Answers

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Oracle 1z0-498 Exam Syllabus Topics:

SectionWeightObjectives
Project Billing and Revenue Management20%- Invoice Generation
  • 1. Integrate with Oracle Receivables
    • 2. Manage project invoicing options
      - Contract and Revenue Setup
      • 1. Set up billing methods and schedules
        • 2. Configure contract types and terms
          • 3. Define revenue recognition rules
            Project Resource and Execution Management18%- Project Planning and Execution
            • 1. Microsoft Project integration
              • 2. Set up progress and status tracking
                • 3. Create and manage work breakdown structures
                  - Resource Setup
                  • 1. Define resource classes and roles
                    • 2. Set up resource calendars and rates
                      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. Define expenditure types and formats
                              • 3. Configure cost allocation methods
                                Project Performance Reporting and Integration15%- OTBI and Analytics
                                • 1. Configure transactional business intelligence
                                  • 2. Set up KPIs and performance dashboards
                                    - Cross-Module Integration
                                    • 1. Security and function access setup
                                      • 2. Integrate with Oracle Financials
                                        Project Foundation Configuration22%- 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 Types and Classifications
                                              • 1. Configure project types
                                                • 2. Define project classifications and categories
                                                  • 3. Set up project statuses and lifecycle

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


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

                                                    A) variable
                                                    B) use client extension basis
                                                    C) spread evenly
                                                    D) manual
                                                    E) percentage and spread evenly
                                                    F) prorate


                                                    3. Select two correct statements pertaining to project classifications on a template.

                                                    A) A project classification is a mandatory field on a project template
                                                    B) When a project is created from a template, the project classifications can be deleted or added
                                                    C) When a project is created from a template, the project classifications cannot be deleted or added
                                                    D) There can be a maximum of 20classifications that are allowed for entry using Quick Entry.


                                                    4. You define Assets for your project and assign them to the project or task level. What should be the value of the project asset type to generate the asset line?

                                                    A) built
                                                    B) regenerate
                                                    C) as built
                                                    D) generate
                                                    E) estimated


                                                    5. Select the- option that accurately completes this sentence.
                                                    Eligible revenue is calculated using the formula __________

                                                    A) Potential Amount * Transfer Price Schedule Markup percentage/l00
                                                    B) Potential Revenue Amount* (Contribution percentage/l00)
                                                    C) Qualified Revenue Amount* (Contribution percentage/100)
                                                    D) Potential Amount * (Transfer Price Schedule Markup percentage/100) * Transferprice rule markup percentage/100)


                                                    Solutions:

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

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