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Oracle Fusion Project Portfolio Management 2014 Essentials - 1z1-498 real prep

1z1-498
  • Exam Code: 1z1-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials
  • Updated: Jul 24, 2026
  • Q & A: 79 Questions and Answers
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About Oracle 1z1-498: Oracle Fusion Project Portfolio Management 2014 Essentials

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Oracle 1z1-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Integration Gateway
Topic 2: Configure Fusion Project Control
Topic 3: Common Project Configuration
Topic 4: Fusion Functional Setup Manager
Topic 5: Configure Fusion Project Foundation
Topic 6: Fusion Project Portfolio Management Overview
Topic 7: Configure Project Templates
Topic 8: Configure Project Performance Reporting
Topic 9: Configure Fusion Common Applications
Topic 10: Configure Fusion Project Costing
Topic 11: Fusion Project Reporting
Topic 12: Oracle Fusion Applications Security Overview
Topic 13: Project Team Connect
Topic 14: Configure Fusion Project Billing

Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Identify two important aspects of the Non-Labor Bill Rate Schedules.

A) They do not allow the mark up percentage to be O.
B) They are expenditure Type based rate schedules
C) They are job-based rate schedule
D) Theyallow expenditure types to be used along with arateor a markup percent.


2. Select two true statements regarding OTBI.

A) OTBI helps in strategic decision such as "Is it worthwhile forme executeprojects for thiscustomer"?
B) OTBI is thebusiness solution that helpsin current state analysis.
C) OTBI helpsin performingtrend analysiswith unlimited historical data
D) OTBI helps in tactical reporting such as helping in decisions such as "Do I need more resources on this project"?


3. Select the option that enables the transactions from other sub ledger modules that are imported into Project Costing and are in :Rejected" or "Pending for processing" stage to be viewed.

A) ManageUnreleased Expenditure Batches
B) Manage Unprocessed Transactions
C) Manage Expenditure Items
D) Review Commitment Transactions


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) The primary planning resource breakdown structure associated with the projector template must allow changes at the project level.
D) You must generate a budget version and-create a baseline,
E) You must selecta source project of template


5. Identify two transactions that are treated as Commitment transactions in Oracle Fusion Portfolio Management.

A) invoices transferred to Fusion Assets
B) purchase order changed to a project
C) received goods on a project that are not yet transferred or imported into Oracle Fusion PPM
D) projectrelated invoices that are accounted and interfaced into Oracle Fusion PPM


Solutions:

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

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