Oracle 1z1-498 Exam : Oracle Fusion Project Portfolio Management 2014 Essentials

Oracle 1z1-498 exam
  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Jul 23, 2026
  • Q & A: 79 Questions and Answers
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Oracle 1z1-498 Exam Syllabus Topics:
SectionObjectives
Project Portfolio Management Fundamentals- Overview of Oracle Fusion Project Portfolio Management
  • 1. Key concepts and terminology
    • 2. Business flow and solution architecture
      - Project Lifecycle Management
      • 1. Project creation and definition
        • 2. Project planning and execution overview
          Project Execution and Control- Project monitoring and control
          • 1. Progress tracking and reporting
            • 2. Issue and change management overview
              Project Resource Management- Resource pools and staffing
              • 1. Resource assignment process
                • 2. Role-based staffing concepts
                  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. Revenue recognition basics
                        • 2. Invoice generation concepts
                          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. Identify two important aspects of the Non-Labor Bill Rate Schedules.

                              A) They do not allow the mark up percentage to be O.
                              B) They are expenditure Type based rate schedules
                              C) They are job-based rate schedule
                              D) Theyallow expenditure types to be used along with arateor a markup percent.


                              2. At who is the Oracle Fusion Project Performance Reporting solution specifically targeted?

                              A) Project accountants
                              B) Project team members
                              C) Project managers
                              D) Project executives


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

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


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

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


                              5. Select the four duties the project administrator is entitled to, by default, in Budgeting and Forecasting.

                              A) submit versions
                              B) review versions
                              C) approve versions
                              D) edit budget and forecast planning option
                              E) create versions
                              F) generate versions


                              Solutions:

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

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