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Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Project Costing25%- Cost Setup and Allocation
  • 1. Configure cost allocation methods
    • 2. Define expenditure types and formats
      • 3. Set up burdening and overhead rules
        - Capital Project Costing
        • 1. Asset assignment and capitalization
          • 2. Capitalizable cost setup
            Topic 2: Project Foundation Configuration22%- Enterprise Structures and Project Units
            • 1. Set up calendars and accounting periods
              • 2. Define business units and project units
                • 3. Manage reference data sets
                  - Project Types and Classifications
                  • 1. Define project classifications and categories
                    • 2. Set up project statuses and lifecycle
                      • 3. Configure project types
                        Topic 3: Project Resource and Execution Management18%- Resource Setup
                        • 1. Define resource classes and roles
                          • 2. Set up resource calendars and rates
                            - Project Planning and Execution
                            • 1. Create and manage work breakdown structures
                              • 2. Microsoft Project integration
                                • 3. Set up progress and status tracking
                                  Topic 4: Project Billing and Revenue Management20%- Contract and Revenue Setup
                                  • 1. Set up billing methods and schedules
                                    • 2. Configure contract types and terms
                                      • 3. Define revenue recognition rules
                                        - Invoice Generation
                                        • 1. Manage project invoicing options
                                          • 2. Integrate with Oracle Receivables
                                            Topic 5: Project Performance Reporting and Integration15%- OTBI and Analytics
                                            • 1. Set up KPIs and performance dashboards
                                              • 2. Configure transactional business intelligence
                                                - Cross-Module Integration
                                                • 1. Integrate with Oracle Financials
                                                  • 2. Security and function access setup

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    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) Job Role ----> Data Role - > Duty
                                                    B) Duty ----->Data Role --> Job Role
                                                    C) Duty --> Jobs Role -> Data Role
                                                    D) Data Role -> Duty -> Job Role
                                                    E) Data Role -> Job Role-> Duly


                                                    2. By using Project Integration Gateway, a person can use Global Data model to provide the capability to set up the integration for a business unit and a project unit combination. Based on this information, identify two true statements regarding this integration model.

                                                    A) Project unitprovides resources.
                                                    B) Business unit providesFinancial periods and currency
                                                    C) Business unit provide planning resource breakdown structure.
                                                    D) Projectunitprovides financial periodsand currency


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


                                                    4. Select the phrase that best completes the sentence below.

                                                    A) a privilege
                                                    B) an abstract role
                                                    C) a job
                                                    D) a duty


                                                    5. Identify two valid mappings of seeded project roles to project space roles.

                                                    A) Project Manage- Participant
                                                    B) Project Team Member - Participant
                                                    C) Project Manager - Moderator
                                                    D) Project Team Member-Moderator


                                                    Solutions:

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

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