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Oracle 1z1-498 Exam Syllabus Topics:

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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Select the true statement related to Descriptive Flex fields and OTBI in Fusion Applications.

                                                    • A. Descriptive Flex fields cannot be "BI enabled" and only custom subject areas need to be created.
                                                    • B. All Descriptive Flex fields can be "BI Enabled"
                                                    • C. Only a restricted set of predefined Descriptive Flex fields can be "BI Enabled".
                                                    • D. Through specific configurations, Descriptive Flex fields can be made to show the "BI Enabled"flag.
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B  🗳️

                                                    Explanation: Only visible for ActualVCE members. You can sign-up / login (it's free).

                                                    Identify two entitles included in the Project Transaction Type Reference Data Model.

                                                    • A. Project PlanType
                                                    • B. Project Work Type
                                                    • C. Financial Plan Type
                                                    • D. Project Expenditure Type
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,C  🗳️

                                                    Explanation: Only visible for ActualVCE members. You can sign-up / login (it's free).

                                                    Identify which item is editable at the Project level

                                                    • A. Multiple Transaction Currencies
                                                    • B. Planning Amount
                                                    • C. Third-party Scheduling
                                                    • D. Default FinancialType
                                                    • E. Workflows
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: E  🗳️

                                                    Identify three formation types available for defining the Invoice Format header.

                                                    • A. non-labor
                                                    • B. labor
                                                    • C. cpmtract
                                                    • D. events
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B,C,D  🗳️

                                                    Select two true statements regarding OBIA.

                                                    • A. OBIA cant.ke input, from heterogenous data sources.
                                                    • B. OBIAis real time and does not depend on the ETL refresh frequency.
                                                    • C. OBIA is Fusion Applications-centric.
                                                    • D. OBIAis used for strategic reporting.
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,B  🗳️

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