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Oracle 1z1-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Execution and Control- Project monitoring and control
  • 1. Progress tracking and reporting
    • 2. Issue and change management overview
      Topic 2: Reporting and Analytics- Project reporting tools
      • 1. Standard financial and project reports
        • 2. Dashboard and KPI concepts
          Topic 3: Project Costing and Financial Management- Billing and revenue management
          • 1. Invoice generation concepts
            • 2. Revenue recognition basics
              - Costing setup and configuration
              • 1. Cost organizations and expenditure types
                • 2. Cost collection and distribution rules
                  Topic 4: Project Portfolio Management Fundamentals- Project Lifecycle Management
                  • 1. Project planning and execution overview
                    • 2. Project creation and definition
                      - Overview of Oracle Fusion Project Portfolio Management
                      • 1. Key concepts and terminology
                        • 2. Business flow and solution architecture
                          Topic 5: Project Resource Management- Resource pools and staffing
                          • 1. Resource assignment process
                            • 2. Role-based staffing concepts

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. You define Assets for your project and assign them to the project or task level. What should be the value of the project asset type to generate the asset line?

                              A) regenerate
                              B) estimated
                              C) as built
                              D) generate
                              E) built


                              2. From an OTBI reporting standpoint, the concepts of Facts, Dimensions, and Criteria are used. If you are running a report that provides "Revenue created by contract by day for the past month", which part of this report name represents the "Fact"?

                              A) by contract
                              B) by day
                              C) revenue created
                              D) for the past month


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

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


                              4. Identify three valid work areas under Project Portfolio Management.

                              A) Transactions Workarea
                              B) Payment Workarea
                              C) Projects Workarea
                              D) Capital Workarea
                              E) Revenue Workarea


                              5. 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) In either Fusion Project Portfolio Management or in Fusion GL
                              C) Both Fusion General Ledger and Fusion Project PortfolioManagement
                              D) US I onProject Portfolio Managementonly


                              Solutions:

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

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