Oracle Fusion Project Portfolio Management 2014 Essentials : 1z0-498

1z0-498
  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Aug 11, 2026
  • Q & A: 79 Questions and Answers

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Oracle 1z0-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Portfolio Management Fundamentals- Project Lifecycle Management
  • 1. Project planning and execution overview
    • 2. Project creation and definition
      - Overview of Oracle Fusion Project Portfolio Management
      • 1. Key concepts and terminology
        • 2. Business flow and solution architecture
          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. Progress tracking and reporting
                • 2. Issue and change management overview
                  Topic 4: Reporting and Analytics- Project reporting tools
                  • 1. Standard financial and project reports
                    • 2. Dashboard and KPI concepts
                      Topic 5: Project Costing and Financial Management- Billing and revenue management
                      • 1. Revenue recognition basics
                        • 2. Invoice generation concepts
                          - Costing setup and configuration
                          • 1. Cost collection and distribution rules
                            • 2. Cost organizations and expenditure types

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. Choose the correct statement related to the project start and end dates.

                              A) In an auto roll up of task dates, the project start date does not coincide with the earliest task.
                              B) In an auto roll up of task dates, the project start date does not coincide with the latest task finish date.
                              C) If the task dates roll up the task hierarchy automatically, then the project dates cannot be edited.
                              D) If the task dates roll up the task hierarchy automatically, then the project dates can be edited.


                              2. In your project, during the Project Business Unit implementation, you have set the project accounting calendar to the accounting calendar and you also selected the option to maintain common accounting and project accounting periods. In such a case, which application area is the project period status managed in?

                              A) Fusion General Ledger only
                              B) In either Fusion Project Portfolio Management or in Fusion GL
                              C) Both Fusion General Ledger and Fusion Project PortfolioManagement
                              D) US I onProject Portfolio Managementonly


                              3. Select the appropriate phrase to fill in the blank below.
                              The Navigator is a hierarchical arrangement of Work Areas or Dashboards with ___.

                              A) data security
                              B) function security
                              C) function and data security
                              D) role security


                              4. Through which two aspects does Fusion PPM provide improved capability of Role Based Security?

                              A) transparentand consistent data security
                              B) enforcement across entire technologystack
                              C) single point of administration forboth applications and technology
                              D) non-centralized access and function-based entitlement management
                              E) monitor key projects transaction processing and exception rates


                              5. In one of your implementations, you are required to synchronize the Fusion Project Information with Microsoft Project. During synchronization, you realize that the default settings are configured so that the project attributes are transferred. Identify four attributes that are imported into Microsoft Project.

                              A) actual quantities and costs
                              B) resources
                              C) scheduling and progress
                              D) task structure
                              E) task attributes


                              Solutions:

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

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