Oracle 1z1-498 Exam Collection - Oracle Fusion Project Portfolio Management 2014 Essentials

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Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Project Foundation Configuration22%- Enterprise Structures and Project Units
  • 1. Define business units and project units
    • 2. Set up calendars and accounting periods
      • 3. Manage reference data sets
        - Project Types and Classifications
        • 1. Set up project statuses and lifecycle
          • 2. Define project classifications and categories
            • 3. Configure project types
              Topic 2: Project Resource and Execution Management18%- Project Planning and Execution
              • 1. Set up progress and status tracking
                • 2. Microsoft Project integration
                  • 3. Create and manage work breakdown structures
                    - Resource Setup
                    • 1. Set up resource calendars and rates
                      • 2. Define resource classes and roles
                        Topic 3: Project Performance Reporting and Integration15%- OTBI and Analytics
                        • 1. Set up KPIs and performance dashboards
                          • 2. Configure transactional business intelligence
                            - Cross-Module Integration
                            • 1. Integrate with Oracle Financials
                              • 2. Security and function access setup
                                Topic 4: 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. Configure cost allocation methods
                                        • 3. Set up burdening and overhead rules
                                          Topic 5: Project Billing and Revenue Management20%- Contract and Revenue Setup
                                          • 1. Define revenue recognition rules
                                            • 2. Set up billing methods and schedules
                                              • 3. Configure contract types and terms
                                                - Invoice Generation
                                                • 1. Integrate with Oracle Receivables
                                                  • 2. Manage project invoicing options

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Identify three aspects that help define Oracle Transactional Business Intelligence.

                                                    A) Oracle Transactional Business Intelligence is built on Oracle Business Intelligence Enterprise Edition technology.
                                                    B) Oracle Transactional Business Intelligence provides pre-packaged content covering major Fusion Applications.
                                                    C) Oracle Transactional Business Intelligence provides unlimited historical analysis, including
                                                    D) Oracle Transactional Business Intelligence is a real time, self-service reporting directly off Fusion


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

                                                    A) Oracle Fusion Project Execution Management
                                                    B) Oracle FusionIntegration Gateway
                                                    C) Oracle Fusion Project Billing
                                                    D) Oracle Fusion Project Costing


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

                                                    A) Reporting Setup
                                                    B) Implementation Options
                                                    C) Pi .Kit Numbering and FTIH
                                                    D) Contract Management Propertied
                                                    E) BusinessUnitAssociation


                                                    4. Identify the mandatory setup step under Project Invoicing options when you use Fusion Project Billing with Fusion receivables?

                                                    A) Specify unit of measure for invoicelines sent to Fusion receivables
                                                    B) Define Project Billing DescriptiveFlex Fields
                                                    C) Specify Billing cycles
                                                    D) Specify Override reasons


                                                    5. Identify the two currencies that Fusion PPM automatically converts transactions to, when a Financial Plan Type is enabled for planning in multiple currencies.

                                                    A) Project Currency
                                                    B) Reporting Currency
                                                    C) Contract Currency
                                                    D) Project Ledger Currency


                                                    Solutions:

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

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