Oracle Fusion Project Portfolio Management 2014 Essentials : 1z1-498

  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Jul 30, 2026     Q & A: 79 Questions and Answers

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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 creation and definition
        • 2. Project planning and execution overview
          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
                  Project Resource Management- Resource pools and staffing
                  • 1. Resource assignment process
                    • 2. Role-based staffing concepts
                      Project Execution and Control- Project monitoring and control
                      • 1. Issue and change management overview
                        • 2. Progress tracking and reporting
                          Reporting and Analytics- Project reporting tools
                          • 1. Dashboard and KPI concepts
                            • 2. Standard financial and project reports

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. Select the appropriate option to fill in the blank below.
                              A person is allowed to remove transactions when the Project Invoice status is _____

                              A) Released
                              B) Accepted
                              C) Draft
                              D) Transferred


                              2. Select three options included in Project Billing for Contract Types.

                              A) Billing Controls
                              B) Intercompany
                              C) Burdened Costs
                              D) Interprojcet


                              3. 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) Days
                              C) Years
                              D) Weeks
                              E) Half Years


                              4. Most Project Management solutions are plagued with the configurations that have financial and project management reference data intertwined. By introducing which two concepts has Fusion PPM.

                              A) Organization Classification
                              B) SetID
                              C) PPM specific organization hierarchy
                              D) Project Unit
                              E) Business Unit


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


                              Solutions:

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

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