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  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Oct 20, 2026
  • Q & A: 79 Questions and Answers
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  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Oct 20, 2026
  • Q & A: 79 Questions and Answers
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  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
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  • Q & A: 79 Questions and Answers
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Oracle 1z1-498 Exam Syllabus Topics:

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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Question #1

                                                    Identify two reference data objects forwhich the default setassignments can be done for a business unit set determinant.

                                                    • A. ProjectAccounting Definition
                                                    • B. Project Rates
                                                    • C. Project Definition
                                                    • D. Projecttransaction Types
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,D  🗳️

                                                    Question #2

                                                    Identify three true statements about Oracle BusinessIntelligence Applications.

                                                    • A. Oracle Business Intelligence Applications ore not available for EBS,Peoplesoft,JD Edwards, andSieble.
                                                    • B. Oracle Businessintelligence Applications provide pre-packaged data warehouse, ETL, metrics, andinteractive dashboards.
                                                    • C. Oracle Business IntelligenceApplications are built- on Oracle BusinessIntelligence EnterpriseEdition technology,
                                                    • D. Oracle BusinessIntelligence Applications provide unlimited historical analysis, including trending and cross-domain insight
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,B,D  🗳️

                                                    Question #3

                                                    Select the appropriate phrase to fill in the blanks below.
                                                    Non-exclusive relationships between multiple projects and tasks with contracts and contract lines is a capability delivered by using_________

                                                    • A. Project Contract-based costing
                                                    • B. Project Contract Collection Center
                                                    • C. Contract Team Connect
                                                    • D. Project Contract-based billing
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A  🗳️

                                                    Question #4

                                                    CORRECT TEXT
                                                    Select the correct option to fill in the blank below.
                                                    If revenue is recognized before billing, the accounting entry that gets triggered would be _________.

                                                    • A. Option A
                                                    • B. Option D
                                                    • C. Option B
                                                    • D. Option C
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: D  🗳️

                                                    Question #5

                                                    Your client is implementing Fusion Applications for his or her organization and intends to transform the complete costing process through the use of Fusion PPM. One of the concerns the client has is that the user community is required to pick expenditure types from a long list, which are hot specific to their departmental expenses. Identify there levels of filtering that will help you address this concern in Fusion PPM.

                                                    • A. filter expenditure types based on the set assigned to the expenditure types
                                                    • B. filterexpenditure types based on the set assigned to the Organization Hierarchy
                                                    • C. filterexpenditure types bused on the Project Unit that owns the project
                                                    • D. filter expenditure typesbased onthe set assigned to the project unit
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: D  🗳️

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