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Oracle 1z0-498 Exam Syllabus Topics:

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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Select the contract status in which the contract can be reverted to a pervious active version.

                                                    A) Underamendment status
                                                    B) In draft status
                                                    C) In pending acceptance status
                                                    D) Under amendment status and approved


                                                    2. In one of your implementations, you are required to synchronize the Fusion Project Information with Microsoft Project. During synchronization, you realize that the default settings are configured so that the project attributes are transferred. Identify four attributes that are imported into Microsoft Project.

                                                    A) task structure
                                                    B) scheduling and progress
                                                    C) task attributes
                                                    D) resources
                                                    E) actual quantities and costs


                                                    3. Identify two reference data objects for which the default set assignments can be done for a project unit set determinant.

                                                    A) Project Definition
                                                    B) Project Transaction Types
                                                    C) Project Rates
                                                    D) Project Accounting Definition


                                                    4. You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be met for this to be possible?

                                                    A) Credit memo is created.
                                                    B) Invoicehas no adjustment or crediting Invoices applied to it.
                                                    C) Invoice has no payments.
                                                    D) Invoice is released.


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

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


                                                    Solutions:

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

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