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Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
Project Costing25%- Capital Project Costing
  • 1. Capitalizable cost setup
    • 2. Asset assignment and capitalization
      - Cost Setup and Allocation
      • 1. Set up burdening and overhead rules
        • 2. Define expenditure types and formats
          • 3. Configure cost allocation methods
            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 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. Integrate with Oracle Receivables
                            • 2. Manage project invoicing options
                              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. Configure project types
                                      • 2. Define project classifications and categories
                                        • 3. Set up project statuses and lifecycle
                                          Project Resource and Execution Management18%- Project Planning and Execution
                                          • 1. Microsoft Project integration
                                            • 2. Create and manage work breakdown structures
                                              • 3. Set up progress and status tracking
                                                - Resource Setup
                                                • 1. Set up resource calendars and rates
                                                  • 2. Define resource classes and roles

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Identify two transactions that are treated as Commitment transactions in Oracle Fusion Portfolio Management.

                                                    A) invoices transferred to Fusion Assets
                                                    B) purchase order changed to a project
                                                    C) received goods on a project that are not yet transferred or imported into Oracle Fusion PPM
                                                    D) projectrelated invoices that are accounted and interfaced into Oracle Fusion PPM


                                                    2. Project Analytics in Fusion Applications provides the project commitment summary. Select three additional commitment sources provided by Project Analytics.

                                                    A) PO Receipts
                                                    B) Timecards
                                                    C) Requisitions
                                                    D) Purchase Orders
                                                    E) Unaccounted Supplier Invoices


                                                    3. Identify three setups that are required to be performed at a Project Unit level in Fusion PPM.

                                                    A) Reporting Setup
                                                    B) Implementation Options
                                                    C) Contract Management Propertied
                                                    D) Pi .Kit Numbering and FTIH
                                                    E) BusinessUnitAssociation


                                                    4. Select the option that enables the transactions from other sub ledger modules that are imported into Project Costing and are in :Rejected" or "Pending for processing" stage to be viewed.

                                                    A) Manage Expenditure Items
                                                    B) Review Commitment Transactions
                                                    C) Manage Unprocessed Transactions
                                                    D) ManageUnreleased Expenditure Batches


                                                    5. Select two true statements regarding OBIA.

                                                    A) OBIA cant.ke input, from heterogenous data sources.
                                                    B) OBIAis used for strategic reporting.
                                                    C) OBIA is Fusion Applications-centric.
                                                    D) OBIAis real time and does not depend on the ETL refresh frequency.


                                                    Solutions:

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

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