Oracle 1z1-498 Valid Test : Oracle Fusion Project Portfolio Management 2014 Essentials

  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Aug 18, 2026
  • Q&As: 79 Questions and Answers

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Oracle 1z1-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: 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 planning and execution overview
        • 2. Project creation and definition
          Topic 2: Project Resource Management- Resource pools and staffing
          • 1. Resource assignment process
            • 2. Role-based staffing concepts
              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. Standard financial and project reports
                    • 2. Dashboard and KPI concepts
                      Topic 5: 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

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. Select the- option that accurately completes this sentence.
                              Eligible revenue is calculated using the formula __________

                              A) Qualified Revenue Amount* (Contribution percentage/100)
                              B) Potential Amount * Transfer Price Schedule Markup percentage/l00
                              C) Potential Amount * (Transfer Price Schedule Markup percentage/100) * Transferprice rule markup percentage/100)
                              D) Potential Revenue Amount* (Contribution percentage/l00)


                              2. Select the appropriate phrase to fill in the blanks below.
                              Non-exclusive relationships between multiple projects and tasks with contracts and contract lines is a capability delivered by using_________

                              A) Project Contract-based costing
                              B) Contract Team Connect
                              C) Project Contract-based billing
                              D) Project Contract Collection Center


                              3. Identify three valid work areas under Project Portfolio Management.

                              A) Projects Workarea
                              B) Transactions Workarea
                              C) Revenue Workarea
                              D) Capital Workarea
                              E) Payment Workarea


                              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) ManageUnreleased Expenditure Batches
                              C) Manage Unprocessed Transactions
                              D) Review Commitment Transactions


                              5. Select the appropriate option to fill in the blank below.
                              A person is allowed to remove transactions when the Project Invoice status is _____

                              A) Accepted
                              B) Draft
                              C) Released
                              D) Transferred


                              Solutions:

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

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