Oracle 1z0-498 Exam Collection - Oracle Fusion Project Portfolio Management 2014 Essentials

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Oracle 1z0-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: Reporting and Analytics- Project reporting tools
  • 1. Standard financial and project reports
    • 2. Dashboard and KPI concepts
      Topic 2: Project Costing and Financial Management- Billing and revenue management
      • 1. Invoice generation concepts
        • 2. Revenue recognition basics
          - Costing setup and configuration
          • 1. Cost organizations and expenditure types
            • 2. Cost collection and distribution rules
              Topic 3: Project Execution and Control- Project monitoring and control
              • 1. Progress tracking and reporting
                • 2. Issue and change management overview
                  Topic 4: 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 creation and definition
                        • 2. Project planning and execution overview
                          Topic 5: Project Resource Management- Resource pools and staffing
                          • 1. Resource assignment process
                            • 2. Role-based staffing concepts

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. Identify two predefined calendar types that can be utilized to create Period Profiles.

                              A) weekly calendar
                              B) monthly calendar
                              C) project accounting calendar
                              D) accounting calendar


                              2. Identify two entitles included in the Project Transaction Type Reference Data Model.

                              A) Project Work Type
                              B) Financial Plan Type
                              C) Project PlanType
                              D) Project Expenditure Type


                              3. Select the option that accurately fills in the blank below.
                              Function security Privileges in Fusion PPM are also known as______

                              A) rights
                              B) licenses
                              C) honors
                              D) entitlements


                              4. Select the appropriate phrase to accurately complete the sentence below.
                              Spread Curves in Fusion Project Portfolio Management allows you_____

                              A) distribute quantity, cost, and revenue amounts automatically acrossaccounting periods
                              B) distribute quantity, cost, and revenue amounts automatically acrossweekly calendars
                              C) distribute quantity, cost, and revenue amounts automatically acrossaccounting or project accounting periods
                              D) distribute quantity, cost, and revenue amounts automatically acrossproject accounting periods


                              5. Identify four predefined "Resource Classes" to spread curves can be assigned.

                              A) Equipment
                              B) Material Items
                              C) Usage
                              D) Financial Resource
                              E) Labor


                              Solutions:

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

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