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Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Project Performance Reporting and Integration15%- OTBI and Analytics
  • 1. Set up KPIs and performance dashboards
    • 2. Configure transactional business intelligence
      - Cross-Module Integration
      • 1. Integrate with Oracle Financials
        • 2. Security and function access setup
          Topic 2: Project Foundation Configuration22%- Enterprise Structures and Project Units
          • 1. Set up calendars and accounting periods
            • 2. Manage reference data sets
              • 3. Define business units and project units
                - Project Types and Classifications
                • 1. Set up project statuses and lifecycle
                  • 2. Define project classifications and categories
                    • 3. Configure project types
                      Topic 3: Project Billing and Revenue Management20%- Contract and Revenue Setup
                      • 1. Set up billing methods and schedules
                        • 2. Configure contract types and terms
                          • 3. Define revenue recognition rules
                            - Invoice Generation
                            • 1. Integrate with Oracle Receivables
                              • 2. Manage project invoicing options
                                Topic 4: Project Costing25%- Cost Setup and Allocation
                                • 1. Define expenditure types and formats
                                  • 2. Configure cost allocation methods
                                    • 3. Set up burdening and overhead rules
                                      - Capital Project Costing
                                      • 1. Capitalizable cost setup
                                        • 2. Asset assignment and capitalization
                                          Topic 5: Project Resource and Execution Management18%- Project Planning and Execution
                                          • 1. Microsoft Project integration
                                            • 2. Set up progress and status tracking
                                              • 3. Create and manage work breakdown structures
                                                - Resource Setup
                                                • 1. Set up resource calendars and rates
                                                  • 2. Define resource classes and roles

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Identify four allocation methods available as a seeded method under Oracle Fusion Project Costing.

                                                    A) variable
                                                    B) percentage and spread evenly
                                                    C) use client extension basis
                                                    D) manual
                                                    E) prorate
                                                    F) spread evenly


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

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


                                                    3. At who is the Oracle Fusion Project Performance Reporting solution specifically targeted?

                                                    A) Project accountants
                                                    B) Project managers
                                                    C) Project executives
                                                    D) Project team members


                                                    4. Select two correct statements pertaining to project classifications on a template.

                                                    A) A project classification is a mandatory field on a project template
                                                    B) When a project is created from a template, the project classifications cannot be deleted or added
                                                    C) When a project is created from a template, the project classifications can be deleted or added
                                                    D) There can be a maximum of 20classifications that are allowed for entry using Quick Entry.


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

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


                                                    Solutions:

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

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