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Oracle 1z1-498 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Project Execution and Control | - Project monitoring and control
|
| Topic 2: Project Portfolio Management Fundamentals | - Overview of Oracle Fusion Project Portfolio Management
|
| Topic 3: Project Resource Management | - Resource pools and staffing
|
| Topic 4: Project Costing and Financial Management | - Costing setup and configuration
|
| Topic 5: Reporting and Analytics | - Project reporting tools
|
Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:
1. Select the true statement related to Descriptive Flex fields and OTBI in Fusion Applications.
A) Only a restricted set of predefined Descriptive Flex fields can be "BI Enabled".
B) Descriptive Flex fields cannot be "BI enabled" and only custom subject areas need to be created.
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.
2. Which two options are relevant and true for Manual CapitalEvents?
A) Costs and assets areusually grouped at the required time within the project duration
B) Costs and assets are grouped periodically throughout the duration of the project.
C) They are suitable Tor [Phased projects where assets are placedIn service after eachphase is completed.
D) They aresuitable for blanketprojectsthat capture costs for repetitive work.
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 Expenditure Items
C) Manage Unprocessed Transactions
D) Review Commitment Transactions
4. Select two true statements regarding OTBI.
A) OTBI helps in strategic decision such as "Is it worthwhile forme executeprojects for thiscustomer"?
B) OTBI helpsin performingtrend analysiswith unlimited historical data
C) OTBI helps in tactical reporting such as helping in decisions such as "Do I need more resources on this project"?
D) OTBI is thebusiness solution that helpsin current state analysis.
5. Identify three valid work areas under Project Portfolio Management.
A) Revenue Workarea
B) Capital Workarea
C) Transactions Workarea
D) Payment Workarea
E) Projects Workarea
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B,D | Question # 3 Answer: B | Question # 4 Answer: A,C,D | Question # 5 Answer: B,C,E |


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