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Oracle 1z1-498 Exam Syllabus Topics:

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

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. Your client has expressed a desire to produce and summarizeinvoice lines for non-labor transactions type or expenditure, based on the high level tastes of the project. Which invoice format grouping should be used to achieve this?

                              A) TopTask. Revenue Category, Expenditure Category, Expenditure Type
                              B) Top Task,Employee
                              C) Revenue Category, ExpenditureCategory, Top Task
                              D) Top Task,Expenditure Type
                              E) Top Task,Expenditure Category


                              2. Select the true statement related to Descriptive Flex fields and OTBI in Fusion Applications.

                              A) Through specific configurations, Descriptive Flex fields can be made to show the "BI Enabled"flag.
                              B) Only a restricted set of predefined Descriptive Flex fields can be "BI Enabled".
                              C) Descriptive Flex fields cannot be "BI enabled" and only custom subject areas need to be created.
                              D) All Descriptive Flex fields can be "BI Enabled"


                              3. Identify three setups that are required to be performed at a Project Unit level in Fusion PPM.

                              A) Contract Management Propertied
                              B) Implementation Options
                              C) BusinessUnitAssociation
                              D) Pi .Kit Numbering and FTIH
                              E) Reporting Setup


                              4. Project managers typically have the need to plan for granular labor resources, whereas only high-level planning is sufficient for financial purposes. Identify the two true statements about the Project Integration Gateway in this background.

                              A) The summary information does not become a resource class resource assignment in Oracle Fusion PPM.
                              B) When you import the project plan, all planning for non-integrated resources is summarized by WBS.
                              C) You are allowed to create non-integrated resources manually in Primavera.
                              D) When you import the project plan, all planning for non-integrated resources is summarized by Project class.


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


                              Solutions:

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

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