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Oracle 1z0-498 Exam Syllabus Topics:

SectionWeightObjectives
Project Billing and Revenue Management20%- Invoice Generation
  • 1. Integrate with Oracle Receivables
    • 2. Manage project invoicing options
      - Contract and Revenue Setup
      • 1. Set up billing methods and schedules
        • 2. Configure contract types and terms
          • 3. Define revenue recognition rules
            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%- Resource Setup
                    • 1. Set up resource calendars and rates
                      • 2. Define resource classes and roles
                        - Project Planning and Execution
                        • 1. Create and manage work breakdown structures
                          • 2. Microsoft Project integration
                            • 3. Set up progress and status tracking
                              Project Costing25%- Capital Project Costing
                              • 1. Asset assignment and capitalization
                                • 2. Capitalizable cost setup
                                  - Cost Setup and Allocation
                                  • 1. Configure cost allocation methods
                                    • 2. Define expenditure types and formats
                                      • 3. Set up burdening and overhead rules
                                        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. Set up project statuses and lifecycle
                                                  • 3. Configure project types

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Select the phrase that best completes the sentence below.

                                                    A) a duty
                                                    B) a job
                                                    C) a privilege
                                                    D) an abstract role


                                                    2. Select three items that can be managed as a part of the configuration of the KPIs for Project Performance Reporting?

                                                    A) KPI categories
                                                    B) trend indicators
                                                    C) dimension indicators
                                                    D) fact indicators
                                                    E) status indicators


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

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


                                                    4. 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 cannotbe adjusted on any attributes of transcation.
                                                    D) An expenditure item con be adjusted only on the billableattributes of atransaction.


                                                    5. Select the true statement related to Descriptive Flex fields and OTBI in Fusion Applications.

                                                    A) All Descriptive Flex fields can be "BI Enabled"
                                                    B) Through specific configurations, Descriptive Flex fields can be made to show the "BI Enabled"flag.
                                                    C) Only a restricted set of predefined Descriptive Flex fields can be "BI Enabled".
                                                    D) Descriptive Flex fields cannot be "BI enabled" and only custom subject areas need to be created.


                                                    Solutions:

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

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