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  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Oct 22, 2026
  • Q & A: 79 Questions and Answers
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  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Oct 22, 2026
  • Q & A: 79 Questions and Answers
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  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
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  • Q & A: 79 Questions and Answers
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Oracle 1z0-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: 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
          Topic 2: Reporting and Analytics- Project reporting tools
          • 1. Standard financial and project reports
            • 2. Dashboard and KPI concepts
              Topic 3: Project Resource Management- Resource pools and staffing
              • 1. Resource assignment process
                • 2. Role-based staffing concepts
                  Topic 4: Project Execution and Control- Project monitoring and control
                  • 1. Issue and change management overview
                    • 2. Progress tracking and reporting
                      Topic 5: 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

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Question #1

                              Select the option that accurately fills in the blank below.
                              The correct security hierarchy in Fusion Applications, from the highest in the hierarchy to the lowest, is _____.

                              • A. Duty --> Jobs Role -> Data Role
                              • B. Duty ----->Data Role --> Job Role
                              • C. Data Role -> Duty -> Job Role
                              • D. Job Role ----> Data Role - > Duty
                              • E. Data Role -> Job Role-> Duly
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

                              Question #2

                              Identify two important aspects of the Non-Labor Bill Rate Schedules.

                              • A. Theyallow expenditure types to be used along with arateor a markup percent.
                              • B. They are job-based rate schedule
                              • C. They are expenditure Type based rate schedules
                              • D. They do not allow the mark up percentage to be O.
                              Reveal Solution  Discussion  0

                              Correct Answer: A,B  🗳️

                              Question #3

                              Select two true statements regarding OTBI.

                              • A. OTBI helps in strategic decision such as "Is it worthwhile forme executeprojects for thiscustomer"?
                              • B. OTBI is thebusiness solution that helpsin current state analysis.
                              • C. OTBI helpsin performingtrend analysiswith unlimited historical data
                              • D. OTBI helps in tactical reporting such as helping in decisions such as "Do I need more resources on this project"?
                              Reveal Solution  Discussion  0

                              Correct Answer: A,B,D  🗳️

                              Question #4

                              Identify four allocation methods available as a seeded method under Oracle Fusion Project Costing.

                              • A. percentage and spread evenly
                              • B. prorate
                              • C. spread evenly
                              • D. manual
                              • E. use client extension basis
                              • F. variable
                              Reveal Solution  Discussion  0

                              Correct Answer: B,C,D,F  🗳️

                              Question #5

                              In your project, during the Project Business Unit implementation, you have set the project accounting calendar to the accounting calendar and you also selected the option to maintain common accounting and project accounting periods. In such a case, which application area is the project period status managed in?

                              • A. In either Fusion Project Portfolio Management or in Fusion GL
                              • B. US I onProject Portfolio Managementonly
                              • C. Fusion General Ledger only
                              • D. Both Fusion General Ledger and Fusion Project PortfolioManagement
                              Reveal Solution  Discussion  0

                              Correct Answer: A  🗳️

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