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

1z1-498 real exams

Exam Code: 1z1-498

Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials

Updated: Sep 14, 2026

Q & A: 79 Questions and Answers

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Oracle 1z1-498 Exam Syllabus Topics:

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

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Question #1

                              At who is the Oracle Fusion Project Performance Reporting solution specifically targeted?

                              • A. Project team members
                              • B. Project executives
                              • C. Project managers
                              • D. Project accountants
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

                              Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).

                              Question #2

                              Which software application licenses are required for planning revenue when setting up Financial Plan types?

                              • A. Oracle FusionIntegration Gateway
                              • B. Oracle Fusion Project Billing
                              • C. Oracle Fusion Project Costing
                              • D. Oracle Fusion Project Execution Management
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

                              Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).

                              Question #3

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

                              • A. release Failure
                              • B. draft failure
                              • C. deletion in progress
                              • D. release in progress
                              • E. draft success
                              Reveal Solution  Discussion  0

                              Correct Answer: B,C  🗳️

                              Question #4

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

                              • A. The source projector template must allowfor third-party scheduling.
                              • B. A baseline for the projectplan must beset.
                              • C. You must selecta source project of template
                              • D. The primary planning resource breakdown structure associated with the projector template must allow changes at the project level.
                              • E. You must generate a budget version and-create a baseline,
                              Reveal Solution  Discussion  0

                              Correct Answer: C,E  🗳️

                              Question #5

                              As you implement the Project Integration Gateway, you are required to set up the integration options for exporting actual amounts. What are the two valid options for export?

                              • A. Actual Quantities end Raw Cost
                              • B. Actual Quantitiesand Burdened Costs
                              • C. Actual Raw cost
                              • D. Actual Burdened Cost
                              Reveal Solution  Discussion  0

                              Correct Answer: B,C  🗳️

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