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Oracle 1z1-498 Exam Syllabus Topics:

SectionObjectives
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
          Project Execution and Control- Project monitoring and control
          • 1. Issue and change management overview
            • 2. Progress tracking and reporting
              Project Resource Management- Resource pools and staffing
              • 1. Resource assignment process
                • 2. Role-based staffing concepts
                  Project Portfolio Management Fundamentals- Project Lifecycle Management
                  • 1. Project creation and definition
                    • 2. Project planning and execution overview
                      - Overview of Oracle Fusion Project Portfolio Management
                      • 1. Key concepts and terminology
                        • 2. Business flow and solution architecture
                          Reporting and Analytics- Project reporting tools
                          • 1. Standard financial and project reports
                            • 2. Dashboard and KPI concepts

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. Choose the correct statement related to the project start and end dates.

                              A) If the task dates roll up the task hierarchy automatically, then the project dates cannot be edited.
                              B) In an auto roll up of task dates, the project start date does not coincide with the latest task finish date.
                              C) If the task dates roll up the task hierarchy automatically, then the project dates can be edited.
                              D) In an auto roll up of task dates, the project start date does not coincide with the earliest task.


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

                              A) Usage
                              B) Equipment
                              C) Labor
                              D) Financial Resource
                              E) Material Items


                              3. Identify three aspects that help define Oracle Transactional Business Intelligence.

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


                              4. Select three things the Major Axis on the Project Plan Gantt Chart timescale show when the minor axis is set to Months.

                              A) Years
                              B) Days
                              C) Quarters
                              D) Half Years
                              E) Weeks


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

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


                              Solutions:

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

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