Oracle 1z1-498 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Fusion Project Portfolio Management 2014 Essentials |
| Exam Number: | 1Z0-498 |
| Exam Duration: | 120 minutes |
| Certificate Validity Period: | Does not formally expire (legacy Oracle certification policy may vary by track) |
| Related Certifications: | Oracle Project Portfolio Management Cloud Oracle Fusion Applications Certifications |
| Available Languages: | English |
| Exam Format: | Multiple Choice, Multiple Response |
| Real Exam Qty: | 55-75 (typical range for Oracle certification exams) |
| Exam Price: | USD 245 (may vary by region/tax) |
| Passing Score: | 65% (typical Oracle exam passing threshold; may vary) |
| Recommended Training: | Oracle Fusion Project Portfolio Management Training |
| Exam Registration: | Oracle Certification Portal |
| Sample Questions: | Oracle 1z1-498 Sample Questions |
| Exam Way: | Computer-based exam delivered via authorized Oracle testing centers or online proctored delivery depending on region availability. |
| Pre Condition: | No formal prerequisite required; basic knowledge of Oracle Fusion Applications and project management concepts is recommended. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z1-498 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Project Resource Management | - Resource pools and staffing
|
| Project Costing and Financial Management | - Costing setup and configuration
|
| Project Portfolio Management Fundamentals | - Overview of Oracle Fusion Project Portfolio Management
|
| Project Execution and Control | - Project monitoring and control
|
| Reporting and Analytics | - Project reporting tools
|
Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:
1. Your client is implementing Fusion Applications for his or her organization and intends to transform the complete costing process through the use of Fusion PPM. One of the concerns the client has is that the user community is required to pick expenditure types from a long list, which are hot specific to their departmental expenses. Identify there levels of filtering that will help you address this concern in Fusion PPM.
A) filter expenditure typesbased onthe set assigned to the project unit
B) filter expenditure types based on the set assigned to the expenditure types
C) filterexpenditure types based on the set assigned to the Organization Hierarchy
D) filterexpenditure types bused on the Project Unit that owns the project
2. You define Assets for your project and assign them to the project or task level. What should be the value of the project asset type to generate the asset line?
A) regenerate
B) estimated
C) generate
D) as built
E) built
3. Select the true statement related to Descriptive Flex fields and OTBI in Fusion Applications.
A) Descriptive Flex fields cannot be "BI enabled" and only custom subject areas need to be created.
B) Only a restricted set of predefined Descriptive Flex fields can be "BI Enabled".
C) All Descriptive Flex fields can be "BI Enabled"
D) Through specific configurations, Descriptive Flex fields can be made to show the "BI Enabled"flag.
4. Identify two possible statuses available for reviewing the allocation transaction, after having run the Generate Allocations process in Fusion PPM.
A) release Failure
B) release in progress
C) deletion in progress
D) draft success
E) draft failure
5. Identify two important aspects of the Non-Labor Bill Rate Schedules.
A) They are expenditure Type based rate schedules
B) Theyallow expenditure types to be used along with arateor a markup percent.
C) They do not allow the mark up percentage to be O.
D) They are job-based rate schedule
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C,E | Question # 5 Answer: B,D |


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