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Oracle 1z0-498 Exam Syllabus Topics:

SectionObjectives
Reporting and Analytics- Project reporting tools
  • 1. Standard financial and project reports
    • 2. Dashboard and KPI concepts
      Project Resource Management- Resource pools and staffing
      • 1. Resource assignment process
        • 2. Role-based staffing concepts
          Project Execution and Control- Project monitoring and control
          • 1. Issue and change management overview
            • 2. Progress tracking and reporting
              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 Costing and Financial Management- Billing and revenue management
                      • 1. Revenue recognition basics
                        • 2. Invoice generation concepts
                          - Costing setup and configuration
                          • 1. Cost collection and distribution rules
                            • 2. Cost organizations and expenditure types

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

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

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


                              2. Select the- option that accurately completes this sentence.
                              Eligible revenue is calculated using the formula __________

                              A) Potential Amount * Transfer Price Schedule Markup percentage/l00
                              B) Qualified Revenue Amount* (Contribution percentage/100)
                              C) Potential Revenue Amount* (Contribution percentage/l00)
                              D) Potential Amount * (Transfer Price Schedule Markup percentage/100) * Transferprice rule markup percentage/100)


                              3. By using Project Integration Gateway, a person can use Global Data model to provide the capability to set up the integration for a business unit and a project unit combination. Based on this information, identify two true statements regarding this integration model.

                              A) Project unitprovides resources.
                              B) Projectunitprovides financial periodsand currency
                              C) Business unit providesFinancial periods and currency
                              D) Business unit provide planning resource breakdown structure.


                              4. 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 Accounting Definition
                              D) Project Rates


                              5. Select a Subject Area under "Project Controls" in Fusion PPM's OTBI.

                              A) Project Invoice
                              B) Project Cost Journals
                              C) Project Revenue
                              D) Project Budget


                              Solutions:

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

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