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Oracle 1z1-498 Exam Syllabus Topics:

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

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Question 1

                              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


                              Question 2

                              Select the appropriate option to correctly fill in the blank below.
                              Project team members, including the project manager, are assigned to a project using______

                              A. job roles
                              B. enterprise roles
                              C. project roles
                              D. abstract roles


                              Question 3

                              As you implement the Project Integration Gateway, you are required to set up the integration options for exporting actual amounts. What are the two valid options for export?

                              A. Actual Burdened Cost
                              B. Actual Quantitiesand Burdened Costs
                              C. Actual Raw cost
                              D. Actual Quantities end Raw Cost


                              Question 4

                              A customer is using Fusion Payables and Fusion Project Portfolio Management.
                              The customer has two suppliers setup with names X and Y respectively.
                              Supplier Y has been merged with supplier X. the supplier merge program is run from the supplier merge option in Fusion Payables and you have chosen to merge all transactions. What will happen to the supplier references on transactions related to supplier Y that are already interfaced to Fusion Project Portfolio Management?

                              A. The supplier merge program completes with error.The merge is not possible because the transactions are already in Fusion PPM.
                              B. The supplier references to supplier Y will be modified to supplier X for all transactions existing in Fusion PPM.
                              C. The supplier merge program does not impact any supplier transactions that are already in Fusion PPM.
                              D. The transaction related to Supplier Y will be deleted from Fusion PPM.
                              E. The transact Ions related to supplierX and Y will be deleted from Fusion PPM.


                              Question 5

                              When implementing Project Performance Reporting, the client has provided the following scenario:
                              1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
                              2.As long as the project cost is less than the threshold, the project should be shown as on-track.
                              Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?

                              A. multiple threshold levels
                              B. single threshold level range
                              C. multiple threshold level value
                              D. single threshold level value


                              Solutions:

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

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