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Oracle 1z0-498 Exam Syllabus Topics:

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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Choose the correct statement related to the project start and end dates.

                                                    A) If the task dates roll up the task hierarchy automatically, then the project dates can be edited.
                                                    B) In an auto roll up of task dates, the project start date does not coincide with the earliest task.
                                                    C) In an auto roll up of task dates, the project start date does not coincide with the latest task finish date.
                                                    D) If the task dates roll up the task hierarchy automatically, then the project dates cannot be edited.


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

                                                    A) labor
                                                    B) events
                                                    C) non-labor
                                                    D) cpmtract


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


                                                    4. Identify the true statement regarding an expenditure item.

                                                    A) An expenditure Item cannotbe adjusted on any attributes of transcation.
                                                    B) An expenditure item can be adjusted on both billable and capitalizeable attributes of a transaction.
                                                    C) An expenditure item con be adjusted only on the billableattributes of atransaction.
                                                    D) An expenditureitem can be adjusted only on the capitalizable attributes of a transaction.


                                                    5. Identify two predefined transaction sources that Fusion PPM uses to import the transactions generated within projects.

                                                    A) Capitalized Interest
                                                    B) Project Allocations
                                                    C) ProjectsIntercompany supplier invoices
                                                    D) Interproject Supplier Invoices


                                                    Solutions:

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

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