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Oracle 1z1-498 Exam Syllabus Topics:

SectionObjectives
Project Portfolio Management Fundamentals- Overview of Oracle Fusion Project Portfolio Management
  • 1. Key concepts and terminology
    • 2. Business flow and solution architecture
      - Project Lifecycle Management
      • 1. Project planning and execution overview
        • 2. Project creation and definition
          Reporting and Analytics- Project reporting tools
          • 1. Standard financial and project reports
            • 2. Dashboard and KPI concepts
              Project Execution and Control- Project monitoring and control
              • 1. Issue and change management overview
                • 2. Progress tracking and reporting
                  Project Resource Management- Resource pools and staffing
                  • 1. Resource assignment process
                    • 2. Role-based staffing concepts
                      Project Costing and Financial Management- Costing setup and configuration
                      • 1. Cost organizations and expenditure types
                        • 2. Cost collection and distribution rules
                          - Billing and revenue management
                          • 1. Invoice generation concepts
                            • 2. Revenue recognition basics

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. Identify two predefined calendar types that can be utilized to create Period Profiles.

                              A) accounting calendar
                              B) project accounting calendar
                              C) monthly calendar
                              D) weekly calendar


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

                              A) Specify Billing cycles
                              B) Specify unit of measure for invoicelines sent to Fusion receivables
                              C) Define Project Billing DescriptiveFlex Fields
                              D) Specify Override reasons


                              3. Which software application licenses are required for planning revenue when setting up Financial Plan types?

                              A) Oracle Fusion Project Billing
                              B) Oracle Fusion Project Costing
                              C) Oracle FusionIntegration Gateway
                              D) Oracle Fusion Project Execution Management


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

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


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

                              A) Material Items
                              B) Labor
                              C) Equipment
                              D) Usage
                              E) Financial Resource


                              Solutions:

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

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