Oracle 1z0-498 Q&A - in .pdf

  • 1z0-498 pdf
  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Sep 17, 2026
  • Q & A: 79 Questions and Answers
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  • Q & A: 79 Questions and Answers
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Oracle 1z0-498 Exam Syllabus Topics:

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

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Question #1

                              Select three items that can be managed as a part of the configuration of the KPIs for Project Performance Reporting?

                              • A. dimension indicators
                              • B. KPI categories
                              • C. status indicators
                              • D. fact indicators
                              • E. trend indicators
                              Reveal Solution  Discussion  0

                              Correct Answer: A,B,C  🗳️

                              Question #2

                              In your project, during the Project Business Unit implementation, you have set the project accounting calendar to the accounting calendar and you also selected the option to maintain common accounting and project accounting periods. In such a case, which application area is the project period status managed in?

                              • A. Fusion General Ledger only
                              • B. Both Fusion General Ledger and Fusion Project PortfolioManagement
                              • C. US I onProject Portfolio Managementonly
                              • D. In either Fusion Project Portfolio Management or in Fusion GL
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

                              Explanation: Only visible for Prep4sureExam members. You can sign-up / login (it's free).

                              Question #3

                              Identify three aspects that help define Oracle Transactional Business Intelligence.

                              • A. Oracle Transactional Business Intelligence is built on Oracle Business Intelligence Enterprise Edition technology.
                              • B. Oracle Transactional Business Intelligence provides unlimited historical analysis, including
                              • C. Oracle Transactional Business Intelligence provides pre-packaged content covering major Fusion Applications.
                              • D. Oracle Transactional Business Intelligence is a real time, self-service reporting directly off Fusion
                              Reveal Solution  Discussion  0

                              Correct Answer: B,C,D  🗳️

                              Question #4

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

                              • A. spread evenly
                              • B. use client extension basis
                              • C. percentage and spread evenly
                              • D. manual
                              • E. prorate
                              • F. variable
                              Reveal Solution  Discussion  0

                              Correct Answer: A,D,E,F  🗳️

                              Question #5

                              Select two important features of Standard Cost Collection Flex field.

                              • A. allows customers to validate, calculate cost, and import any type of transactions that are captured internally or externally using a single process
                              • B. unique project costcollection requirements thatare configured centrally
                              • C. unique I-reject cost collection requirements that are presented differently acrossall applications
                              • D. disintegrated means to capture, store, display, query, and reportproject-related attributes in their respective applications
                              Reveal Solution  Discussion  0

                              Correct Answer: A,D  🗳️

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