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Oracle 1z0-498 Exam Syllabus Topics:

SectionObjectives
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
          Reporting and Analytics- Project reporting tools
          • 1. Standard financial and project reports
            • 2. Dashboard and KPI 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
                      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. Role-based staffing concepts
                            • 2. Resource assignment process

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. 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 can be adjusted on both billable and capitalizeable attributes of a transaction.
                              C) An expenditure item con be adjusted only on the billableattributes of atransaction.
                              D) An expenditure Item cannotbe adjusted on any attributes of transcation.


                              2. Select the option that accurately fills in the blank below.
                              Function security Privileges in Fusion PPM are also known as______

                              A) honors
                              B) licenses
                              C) entitlements
                              D) rights


                              3. Project managers typically have the need to plan for granular labor resources, whereas only high-level planning is sufficient for financial purposes. Identify the two true statements about the Project Integration Gateway in this background.

                              A) When you import the project plan, all planning for non-integrated resources is summarized by WBS.
                              B) You are allowed to create non-integrated resources manually in Primavera.
                              C) When you import the project plan, all planning for non-integrated resources is summarized by Project class.
                              D) The summary information does not become a resource class resource assignment in Oracle Fusion PPM.


                              4. Identify two reference data objects forwhich the default setassignments can be done for a business unit set determinant.

                              A) Project Definition
                              B) Project Rates
                              C) ProjectAccounting Definition
                              D) Projecttransaction Types


                              5. Through which two aspects does Fusion PPM provide improved capability of Role Based Security?

                              A) enforcement across entire technologystack
                              B) single point of administration forboth applications and technology
                              C) monitor key projects transaction processing and exception rates
                              D) transparentand consistent data security
                              E) non-centralized access and function-based entitlement management


                              Solutions:

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

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