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Oracle 1z1-498 Exam Syllabus Topics:

SectionObjectives
Project Execution and Control- Project monitoring and control
  • 1. Issue and change management overview
    • 2. Progress tracking and reporting
      Project Costing and Financial Management- Billing and revenue management
      • 1. Revenue recognition basics
        • 2. Invoice generation concepts
          - Costing setup and configuration
          • 1. Cost organizations and expenditure types
            • 2. Cost collection and distribution rules
              Project Resource Management- Resource pools and staffing
              • 1. Role-based staffing concepts
                • 2. Resource assignment process
                  Reporting and Analytics- Project reporting tools
                  • 1. Dashboard and KPI concepts
                    • 2. Standard financial and project reports
                      Project Portfolio Management Fundamentals- Project Lifecycle Management
                      • 1. Project creation and definition
                        • 2. Project planning and execution overview
                          - Overview of Oracle Fusion Project Portfolio Management
                          • 1. Business flow and solution architecture
                            • 2. Key concepts and terminology

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. Identify which item is editable at the Project level

                              A) Planning Amount
                              B) Multiple Transaction Currencies
                              C) Third-party Scheduling
                              D) Default FinancialType
                              E) Workflows


                              2. Select the appropriate phrase to fill in the blank below.
                              The Navigator is a hierarchical arrangement of Work Areas or Dashboards with ___.

                              A) function security
                              B) function and data security
                              C) data security
                              D) role security


                              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. Identify three valid values for the pre-seeded Status Indicators in Fusion Project Performance Reporting.

                              A) Critical
                              B) High Variance
                              C) At Risk
                              D) On Track
                              E) On Budget


                              5. Select two correct statements pertaining to project classifications on a template.

                              A) A project classification is a mandatory field on a project template
                              B) When a project is created from a template, the project classifications cannot be deleted or added
                              C) When a project is created from a template, the project classifications can be deleted or added
                              D) There can be a maximum of 20classifications that are allowed for entry using Quick Entry.


                              Solutions:

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

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