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100% Oracle 1z1-498 Guaranteed Success With Testing Engine

Exam Code: 1z1-498

Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials

Updated: Aug 05, 2026

Number: 79 Q&As with Testing Engine

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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:

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

                              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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