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

1z1-498

Exam Code: 1z1-498

Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials

Updated: Aug 26, 2026

Q & A: 79 Questions and Answers

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Oracle 1z1-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: Reporting and Analytics- Project reporting tools
  • 1. Standard financial and project reports
    • 2. Dashboard and KPI concepts
      Topic 2: Project Resource Management- Resource pools and staffing
      • 1. Role-based staffing concepts
        • 2. Resource assignment process
          Topic 3: Project Execution and Control- Project monitoring and control
          • 1. Issue and change management overview
            • 2. Progress tracking and reporting
              Topic 4: 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
                      Topic 5: Project Portfolio Management Fundamentals- Overview of Oracle Fusion Project Portfolio Management
                      • 1. Business flow and solution architecture
                        • 2. Key concepts and terminology
                          - Project Lifecycle Management
                          • 1. Project planning and execution overview
                            • 2. Project creation and definition

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. Select two important features of Standard Cost Collection Flex field.

                              A) unique I-reject cost collection requirements that are presented differently acrossall applications
                              B) allows customers to validate, calculate cost, and import any type of transactions that are captured internally or externally using a single process
                              C) disintegrated means to capture, store, display, query, and reportproject-related attributes in their respective applications
                              D) unique project costcollection requirements thatare configured centrally


                              2. Identify two predefined transaction sources that Fusion PPM uses to import the transactions generated within projects.

                              A) Interproject Supplier Invoices
                              B) Capitalized Interest
                              C) ProjectsIntercompany supplier invoices
                              D) Project Allocations


                              3. Select the option that would accurately fill the blank below.
                              The relationships between the Business Units and the Project Units in Fusion PPM are _________.

                              A) Many-to-Many
                              B) Many-to-One
                              C) One-to-Many
                              D) One-to-One


                              4. Select the appropriate phrase to fill in the blanks below.
                              Non-exclusive relationships between multiple projects and tasks with contracts and contract lines is a capability delivered by using_________

                              A) Project Contract-based billing
                              B) Contract Team Connect
                              C) Project Contract-based costing
                              D) Project Contract Collection Center


                              5. Identify three formation types available for defining the Invoice Format header.

                              A) labor
                              B) non-labor
                              C) events
                              D) cpmtract


                              Solutions:

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

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