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Oracle 1z0-498 Exam Syllabus Topics:

SectionWeightObjectives
Project Foundation Configuration22%- Enterprise Structures and Project Units
  • 1. Set up calendars and accounting periods
    • 2. Manage reference data sets
      • 3. Define business units and project units
        - Project Types and Classifications
        • 1. Define project classifications and categories
          • 2. Set up project statuses and lifecycle
            • 3. Configure project types
              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 Resource and Execution Management18%- Project Planning and Execution
                        • 1. Set up progress and status tracking
                          • 2. Microsoft Project integration
                            • 3. Create and manage work breakdown structures
                              - Resource Setup
                              • 1. Define resource classes and roles
                                • 2. Set up resource calendars and rates
                                  Project Performance Reporting and Integration15%- Cross-Module Integration
                                  • 1. Integrate with Oracle Financials
                                    • 2. Security and function access setup
                                      - OTBI and Analytics
                                      • 1. Set up KPIs and performance dashboards
                                        • 2. Configure transactional business intelligence
                                          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. Define revenue recognition rules
                                                  • 3. Configure contract types and terms

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Question 1

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

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


                                                    Question 2

                                                    Identify two possible statuses available for reviewing the allocation transaction, after having run the Generate Allocations process in Fusion PPM.

                                                    A. release Failure
                                                    B. draft failure
                                                    C. draft success
                                                    D. deletion in progress
                                                    E. release in progress


                                                    Question 3

                                                    Identify three valid work areas under Project Portfolio Management.

                                                    A. Revenue Workarea
                                                    B. Projects Workarea
                                                    C. Payment Workarea
                                                    D. Capital Workarea
                                                    E. Transactions Workarea


                                                    Question 4

                                                    Identify three formation types available for defining the Invoice Format header.

                                                    A. cpmtract
                                                    B. events
                                                    C. non-labor
                                                    D. labor


                                                    Question 5

                                                    You define Assets for your project and assign them to the project or task level. What should be the value of the project asset type to generate the asset line?

                                                    A. generate
                                                    B. regenerate
                                                    C. as built
                                                    D. built
                                                    E. estimated


                                                    Solutions:

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

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