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Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: 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. Define resource classes and roles
          • 2. Set up resource calendars and rates
            Topic 2: Project Performance Reporting and Integration15%- Cross-Module Integration
            • 1. Security and function access setup
              • 2. Integrate with Oracle Financials
                - OTBI and Analytics
                • 1. Configure transactional business intelligence
                  • 2. Set up KPIs and performance dashboards
                    Topic 3: Project Foundation Configuration22%- 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 Types and Classifications
                          • 1. Configure project types
                            • 2. Define project classifications and categories
                              • 3. Set up project statuses and lifecycle
                                Topic 4: Project Costing25%- Capital Project Costing
                                • 1. Asset assignment and capitalization
                                  • 2. Capitalizable cost setup
                                    - Cost Setup and Allocation
                                    • 1. Set up burdening and overhead rules
                                      • 2. Define expenditure types and formats
                                        • 3. Configure cost allocation methods
                                          Topic 5: Project Billing and Revenue Management20%- Contract and Revenue Setup
                                          • 1. Configure contract types and terms
                                            • 2. Set up billing methods and schedules
                                              • 3. Define revenue recognition rules
                                                - Invoice Generation
                                                • 1. Manage project invoicing options
                                                  • 2. Integrate with Oracle Receivables

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. When implementing Project Performance Reporting, the client has provided the following scenario:
                                                    1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
                                                    2.As long as the project cost is less than the threshold, the project should be shown as on-track.
                                                    Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?

                                                    A) multiple threshold levels
                                                    B) single threshold level range
                                                    C) multiple threshold level value
                                                    D) single threshold level value


                                                    2. Identify three aspects that help define Oracle Transactional Business Intelligence.

                                                    A) Oracle Transactional Business Intelligence provides unlimited historical analysis, including
                                                    B) Oracle Transactional Business Intelligence is built on Oracle Business Intelligence Enterprise Edition technology.
                                                    C) Oracle Transactional Business Intelligence is a real time, self-service reporting directly off Fusion
                                                    D) Oracle Transactional Business Intelligence provides pre-packaged content covering major Fusion Applications.


                                                    3. Oracle delivers the seeded capability to drill down on expenditure items in which tool?

                                                    A) OTBI
                                                    B) BI Publisher
                                                    C) Project Performance Reporting
                                                    D) OBIA


                                                    4. Most Project Management solutions are plagued with the configurations that have financial and project management reference data intertwined. By introducing which two concepts has Fusion PPM.

                                                    A) PPM specific organization hierarchy
                                                    B) Project Unit
                                                    C) Business Unit
                                                    D) SetID
                                                    E) Organization Classification


                                                    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) estimated
                                                    C) built
                                                    D) regenerate
                                                    E) as built


                                                    Solutions:

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

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