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Oracle 1z0-498 guide torrent - Oracle Fusion Project Portfolio Management 2014 Essentials

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1z0-498 guide torrent
  • Exam Code: 1z0-498
  • Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials

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Oracle 1z0-498 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Project Foundation Configuration22%- Project Types and Classifications
  • 1. Set up project statuses and lifecycle
    • 2. Define project classifications and categories
      • 3. Configure project types
        - Enterprise Structures and Project Units
        • 1. Manage reference data sets
          • 2. Set up calendars and accounting periods
            • 3. Define business units and project units
              Topic 2: Project Performance Reporting and Integration15%- OTBI and Analytics
              • 1. Set up KPIs and performance dashboards
                • 2. Configure transactional business intelligence
                  - Cross-Module Integration
                  • 1. Integrate with Oracle Financials
                    • 2. Security and function access setup
                      Topic 3: Project Costing25%- Capital Project Costing
                      • 1. Asset assignment and capitalization
                        • 2. Capitalizable cost setup
                          - Cost Setup and Allocation
                          • 1. Set up burdening and overhead rules
                            • 2. Define expenditure types and formats
                              • 3. Configure cost allocation methods
                                Topic 4: Project Billing and Revenue Management20%- Contract and Revenue Setup
                                • 1. Define revenue recognition rules
                                  • 2. Set up billing methods and schedules
                                    • 3. Configure contract types and terms
                                      - Invoice Generation
                                      • 1. Manage project invoicing options
                                        • 2. Integrate with Oracle Receivables
                                          Topic 5: Project Resource and Execution Management18%- Resource Setup
                                          • 1. Set up resource calendars and rates
                                            • 2. Define resource classes and roles
                                              - Project Planning and Execution
                                              • 1. Set up progress and status tracking
                                                • 2. Create and manage work breakdown structures
                                                  • 3. Microsoft Project integration

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Select three things the Major Axis on the Project Plan Gantt Chart timescale show when the minor axis is set to Months.

                                                    A) Half Years
                                                    B) Quarters
                                                    C) Weeks
                                                    D) Years
                                                    E) Days


                                                    2. Your client has expressed a desire to produce and summarizeinvoice lines for non-labor transactions type or expenditure, based on the high level tastes of the project. Which invoice format grouping should be used to achieve this?

                                                    A) TopTask. Revenue Category, Expenditure Category, Expenditure Type
                                                    B) Top Task,Employee
                                                    C) Revenue Category, ExpenditureCategory, Top Task
                                                    D) Top Task,Expenditure Type
                                                    E) Top Task,Expenditure Category


                                                    3. Identify two statements that are true for Fusion Project Portfolio Management in relation to the Calendar and period management.

                                                    A) You can maintain the statuses of the periods independently, even in spite of using the same calendar.
                                                    B) By using the option of "Maintain common accounting and project accounting periods" you increase the period maintenance activity during the month end.
                                                    C) You can use the same calendar for both your project accounting and accounting.
                                                    D) Accounting periods are used to track budgets and forecasts, summarize project amounts for reporting, and track project status.


                                                    4. Select the option that would accurately fill the blank below.
                                                    The relationships between the Business Units and the Project Units in Fusion PPM are _________.

                                                    A) Many-to-One
                                                    B) Many-to-Many
                                                    C) One-to-Many
                                                    D) One-to-One


                                                    5. Select a Subject Area under "Project Controls" in Fusion PPM's OTBI.

                                                    A) Project Budget
                                                    B) Project Cost Journals
                                                    C) Project Invoice
                                                    D) Project Revenue


                                                    Solutions:

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

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