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Oracle Fusion Project Portfolio Management 2014 Essentials - 1z0-498 real prep

1z0-498
  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Sep 06, 2026
  • Q & A: 79 Questions and Answers
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Oracle 1z0-498 Exam Syllabus Topics:

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

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Question #1

                              Select two true statements regarding OTBI.

                              • A. OTBI helps in strategic decision such as "Is it worthwhile forme executeprojects for thiscustomer"?
                              • B. OTBI is thebusiness solution that helpsin current state analysis.
                              • C. OTBI helpsin performingtrend analysiswith unlimited historical data
                              • D. OTBI helps in tactical reporting such as helping in decisions such as "Do I need more resources on this project"?
                              Answer: A,B,D
                              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. In either Fusion Project Portfolio Management or in Fusion GL
                              • B. Both Fusion General Ledger and Fusion Project PortfolioManagement
                              • C. Fusion General Ledger only
                              • D. US I onProject Portfolio Managementonly
                              Answer: A

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

                              Question #3

                              Identify the true statement regarding an expenditure item.

                              • A. An expenditureitem can be adjusted only on the capitalizable attributes of a transaction.
                              • B. An expenditure item con be adjusted only on the billableattributes of atransaction.
                              • C. An expenditure item can be adjusted on both billable and capitalizeable attributes of a transaction.
                              • D. An expenditure Item cannotbe adjusted on any attributes of transcation.
                              Answer: A

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

                              Question #4

                              Which two options are relevant and true for Manual CapitalEvents?

                              • A. Costs and assets areusually grouped at the required time within the project duration
                              • B. They aresuitable for blanketprojectsthat capture costs for repetitive work.
                              • C. Costs and assets are grouped periodically throughout the duration of the project.
                              • D. They are suitable Tor [Phased projects where assets are placedIn service after eachphase is completed.
                              Answer: B,C

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

                              Question #5

                              Identify the statement that correctly describes how the Fusion PPM would handle a scenario in which someone attempts to import a configuration package into a instance of Fusion PPM where the implementation project name already exists.

                              • A. The upload program completes in success but does not update records.
                              • B. A warning is generated thatthe current implementation project currently in the system will be replaced by the new configuration package.
                              • C. The upload program ends in error.
                              • D. There is no warning; however, the current Implementation project is replaced withthe contents on the new configuration package.
                              Answer: D

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