Free Oracle 1z1-498 Practice Test & Real Exam Questions

Exam Code/Number: 1z1-498
Exam Name/Title: Oracle Fusion Project Portfolio Management 2014 Essentials
Certification Provider: Oracle
Corresponding Certification: 11g

Exam Questions: 79
Updated On: Sep 15, 2026

Question #9

Identify two predefined calendar types that can be utilized to create Period Profiles.

A. accounting calendar

B. weekly calendar

C. monthly calendar

D. project accounting calendar

Discussion 0

Correct Answer: B,C Vote an answer

Question #10

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 Collection Center

B. Project Contract-based billing

C. Project Contract-based costing

D. Contract Team Connect

Discussion 0

Correct Answer: C Vote an answer

Question #11

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.

Discussion 0

Correct Answer: A,B Vote an answer

Question #12

Identify two restrictions that are applied by Oracle Fusion PPM, when exporting a new project from Microsoft Project.

A. The primary planning resource breakdown structure associated with the projector template must allow changes at the project level.

B. The source projector template must allowfor third-party scheduling.

C. You must generate a budget version and-create a baseline,

D. You must selecta source project of template

E. A baseline for the projectplan must beset.

Discussion 0

Correct Answer: C,D Vote an answer

Question #13

Through which two aspects does Fusion PPM provide improved capability of Role Based Security?

A. monitor key projects transaction processing and exception rates

B. non-centralized access and function-based entitlement management

C. single point of administration forboth applications and technology

D. enforcement across entire technologystack

E. transparentand consistent data security

Discussion 0

Correct Answer: C,E Vote an answer

Question #14

Select three options included in Project Billing for Contract Types.

A. Intercompany

B. Burdened Costs

C. Billing Controls

D. Interprojcet

Discussion 0

Correct Answer: A,B,D Vote an answer

Question #15

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

A. Project Team Member - Participant

B. Project Team Member-Moderator

C. Project Manager - Moderator

D. Project Manage- Participant

Discussion 0

Correct Answer: B,D Vote an answer

Question #16

Identify three setups that are required to be performed at a Project Unit level in Fusion PPM.

A. Pi .Kit Numbering and FTIH

B. Implementation Options

C. Reporting Setup

D. BusinessUnitAssociation

E. Contract Management Propertied

Discussion 0

Correct Answer: B,C,D Vote an answer

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