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

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. In one of your implementations, you are required to synchronize the Fusion Project Information with Microsoft Project. During synchronization, you realize that the default settings are configured so that the project attributes are transferred. Identify four attributes that are imported into Microsoft Project.

                              A) resources
                              B) task structure
                              C) task attributes
                              D) scheduling and progress
                              E) actual quantities and costs


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

                              A) Project Rates
                              B) Projecttransaction Types
                              C) Project Definition
                              D) ProjectAccounting Definition


                              3. Select the appropriate phrase to accurately complete the sentence below.
                              Spread Curves in Fusion Project Portfolio Management allows you_____

                              A) distribute quantity, cost, and revenue amounts automatically acrossaccounting periods
                              B) distribute quantity, cost, and revenue amounts automatically acrossweekly calendars
                              C) distribute quantity, cost, and revenue amounts automatically acrossproject accounting periods
                              D) distribute quantity, cost, and revenue amounts automatically acrossaccounting or project accounting periods


                              4. Identify two statements that are true for Fusion Project Portfolio Management in relation to the Calendar and period management.

                              A) By using the option of "Maintain common accounting and project accounting periods" you increase the period maintenance activity during the month end.
                              B) You can maintain the statuses of the periods independently, even in spite of using the same calendar.
                              C) You can use the same calendar for both your project accounting and accounting.
                              D) Accounting periods are used to track budgets and forecasts, summarize project amounts for reporting, and track project status.


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

                              A) Oracle Transactional Business Intelligence is built on Oracle Business Intelligence Enterprise Edition technology.
                              B) Oracle Transactional Business Intelligence provides unlimited historical analysis, including
                              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.


                              Solutions:

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

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