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Oracle 1z0-498 Exam Syllabus Topics:

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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Which two options are relevant and true for Manual CapitalEvents?

                                                    A) They aresuitable for blanketprojectsthat capture costs for repetitive work.
                                                    B) Costs and assets areusually grouped at the required time within the project duration
                                                    C) Costs and assets are grouped periodically throughout the duration of the project.
                                                    D) They are suitable Tor [Phased projects where assets are placedIn service after eachphase is completed.


                                                    2. Your company has set up the burdening functionality to capture the overhead costs incurred on all projects. It has been decided that these overhead costs will be stored as a separate expenditure item performed to set up the required expense account?

                                                    A) Set up the burden cost clearing account SLA.
                                                    B) Set up the account at the expenditure type defined for the burden transaction.
                                                    C) Set up the total burdened cost credit SLA.
                                                    D) Set up the account at the expenditure category defined for the burden transaction.
                                                    E) Set up the burden cost account SLA,


                                                    3. What does Project Performance Reporting, a specialized analytics tool, leverage?

                                                    A) OTBI
                                                    B) Financial Reporting Center
                                                    C) Essbase
                                                    D) BI Publisher


                                                    4. Identify two possible statuses available for reviewing the allocation transaction, after having run the Generate Allocations process in Fusion PPM.

                                                    A) deletion in progress
                                                    B) draft failure
                                                    C) release in progress
                                                    D) release Failure
                                                    E) draft success


                                                    5. Project Analytics in Fusion Applications provides the project commitment summary. Select three additional commitment sources provided by Project Analytics.

                                                    A) Requisitions
                                                    B) PO Receipts
                                                    C) Unaccounted Supplier Invoices
                                                    D) Purchase Orders
                                                    E) Timecards


                                                    Solutions:

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

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