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Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Project Foundation Configuration22%- Project Types and Classifications
  • 1. Configure project types
    • 2. Define project classifications and categories
      • 3. Set up project statuses and lifecycle
        - Enterprise Structures and Project Units
        • 1. Set up calendars and accounting periods
          • 2. Define business units and project units
            • 3. Manage reference data sets
              Topic 2: Project Billing and Revenue Management20%- Contract and Revenue Setup
              • 1. Set up billing methods and schedules
                • 2. Configure contract types and terms
                  • 3. Define revenue recognition rules
                    - Invoice Generation
                    • 1. Manage project invoicing options
                      • 2. Integrate with Oracle Receivables
                        Topic 3: Project Performance Reporting and Integration15%- OTBI and Analytics
                        • 1. Configure transactional business intelligence
                          • 2. Set up KPIs and performance dashboards
                            - Cross-Module Integration
                            • 1. Security and function access setup
                              • 2. Integrate with Oracle Financials
                                Topic 4: Project Costing25%- Cost Setup and Allocation
                                • 1. Configure cost allocation methods
                                  • 2. Define expenditure types and formats
                                    • 3. Set up burdening and overhead rules
                                      - Capital Project Costing
                                      • 1. Asset assignment and capitalization
                                        • 2. Capitalizable cost setup
                                          Topic 5: Project Resource and Execution Management18%- Project Planning and Execution
                                          • 1. Create and manage work breakdown structures
                                            • 2. Set up progress and status tracking
                                              • 3. Microsoft Project integration
                                                - Resource Setup
                                                • 1. Set up resource calendars and rates
                                                  • 2. Define resource classes and roles

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Question 1

                                                    Identify the mandatory setup step under Project Invoicing options when you use Fusion Project Billing with Fusion receivables?

                                                    A. Specify unit of measure for invoicelines sent to Fusion receivables
                                                    B. Define Project Billing DescriptiveFlex Fields
                                                    C. Specify Billing cycles
                                                    D. Specify Override reasons


                                                    Question 2

                                                    Identify two restrictions that are applied by Oracle Fusion PPM, when exporting a new project from Microsoft Project.

                                                    A. The source projector template must allowfor third-party scheduling.
                                                    B. The primary planning resource breakdown structure associated with the projector template must allow changes at the project level.
                                                    C. You must generate a budget version and-create a baseline,
                                                    D. You must selecta source project of template
                                                    E. A baseline for the projectplan must beset.


                                                    Question 3

                                                    Which software application licenses are required for planning revenue when setting up Financial Plan types?

                                                    A. Oracle Fusion Project Execution Management
                                                    B. Oracle Fusion Project Billing
                                                    C. Oracle FusionIntegration Gateway
                                                    D. Oracle Fusion Project Costing


                                                    Question 4

                                                    Identify two predefined calendar types that can be utilized to create Period Profiles.

                                                    A. accounting calendar
                                                    B. monthly calendar
                                                    C. project accounting calendar
                                                    D. weekly calendar


                                                    Question 5

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

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


                                                    Solutions:

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

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