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Oracle 1z0-498 Exam Syllabus Topics:

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

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Select the option that would accurately fill the blank below.
                              The relationships between the Business Units and the Project Units in Fusion PPM are _________.

                              • A. Many-to-Many
                              • B. Many-to-One
                              • C. One-to-Many
                              • D. One-to-One
                              Reveal Solution  Discussion  0

                              Correct Answer: A  🗳️

                              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. Data Role -> Job Role-> Duly
                              • B. Duty --> Jobs Role -> Data Role
                              • C. Job Role ----> Data Role - > Duty
                              • D. Duty ----->Data Role --> Job Role
                              • E. Data Role -> Duty -> Job Role
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

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

                              • A. You can maintain the statuses of the periods independently, even in spite of using the same calendar.
                              • B. Accounting periods are used to track budgets and forecasts, summarize project amounts for reporting, and track project status.
                              • C. You can use the same calendar for both your project accounting and accounting.
                              • D. By using the option of "Maintain common accounting and project accounting periods" you increase the period maintenance activity during the month end.
                              Reveal Solution  Discussion  0

                              Correct Answer: A,B  🗳️

                              Select three items that can be managed as a part of the configuration of the KPIs for Project Performance Reporting?

                              • A. KPI categories
                              • B. status indicators
                              • C. fact indicators
                              • D. dimension indicators
                              • E. trend indicators
                              Reveal Solution  Discussion  0

                              Correct Answer: A,B,D  🗳️

                              Your client is implementing Fusion Applications for his or her organization and intends to transform the complete costing process through the use of Fusion PPM. One of the concerns the client has is that the user community is required to pick expenditure types from a long list, which are hot specific to their departmental expenses. Identify there levels of filtering that will help you address this concern in Fusion PPM.

                              • A. filter expenditure types based on the set assigned to the expenditure types
                              • B. filterexpenditure types based on the set assigned to the Organization Hierarchy
                              • C. filterexpenditure types bused on the Project Unit that owns the project
                              • D. filter expenditure typesbased onthe set assigned to the project unit
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

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