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Oracle 1z0-498 : Oracle Fusion Project Portfolio Management 2014 Essentials

Exam Code: 1z0-498

Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials

Updated: Sep 05, 2026

Q & A: 79 Questions and Answers

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Oracle 1z0-498 Exam Syllabus Topics:

SectionObjectives
Project Resource Management- Resource pools and staffing
  • 1. Role-based staffing concepts
    • 2. Resource assignment process
      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 planning and execution overview
            • 2. Project creation and definition
              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
                      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. Issue and change management overview
                            • 2. Progress tracking and reporting

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Question #1

                              You have created a Financial Plan type where the planning amount option is set as cost amounts only.Based on this information identify two true scenarios.

                              • A. All budget versions created for the financial plan type contain only cost amounts.
                              • B. All forecast versions created for the financial plan typecontainonly cost amounts.
                              • C. Allbudget versioncreatedfor the financial plan typecontainonly cost amounts and margin.D.All forecast versions created for the financial plan type contain only cost amounts and margin
                              Answer: B

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

                              Question #2

                              Identify four predefined "Resource Classes" to spread curves can be assigned.

                              • A. Usage
                              • B. Labor
                              • C. Material Items
                              • D. Financial Resource
                              • E. Equipment
                              Answer: A,B,C,D
                              Question #3

                              Identify the mandatory setup step under Project Invoicing options when you use Fusion Project Billing with Fusion receivables?

                              • A. Specify unit of measure for invoicelines sent to Fusion receivables
                              • B. Specify Override reasons
                              • C. Define Project Billing DescriptiveFlex Fields
                              • D. Specify Billing cycles
                              Answer: D

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

                              Question #4

                              What does Project Performance Reporting, a specialized analytics tool, leverage?

                              • A. OTBI
                              • B. Essbase
                              • C. BI Publisher
                              • D. Financial Reporting Center
                              Answer: B

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

                              Question #5

                              Identify two unique characteristics of a business unit in Fusion PPM.

                              • A. It can exist in more than one Ledger.
                              • B. It is defined centrally and acts as a partition for securing transaction-related data.
                              • C. It is an Anchor for sharing the reference data across applications.
                              • D. It often represents Project line of business.
                              Answer: A,C

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