Oracle 1z1-498 Valid Dumps - Oracle Fusion Project Portfolio Management 2014 Essentials

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Oracle 1z1-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Portfolio Management Fundamentals- Overview of Oracle Fusion Project Portfolio Management
  • 1. Business flow and solution architecture
    • 2. Key concepts and terminology
      - Project Lifecycle Management
      • 1. Project creation and definition
        • 2. Project planning and execution overview
          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 collection and distribution rules
                • 2. Cost organizations and expenditure types
                  Topic 3: Project Resource Management- Resource pools and staffing
                  • 1. Resource assignment process
                    • 2. Role-based staffing concepts
                      Topic 4: Project Execution and Control- Project monitoring and control
                      • 1. Issue and change management overview
                        • 2. Progress tracking and reporting
                          Topic 5: Reporting and Analytics- Project reporting tools
                          • 1. Dashboard and KPI concepts
                            • 2. Standard financial and project reports

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              Question #1

                              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
                              Answer: B,C

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                              Question #2

                              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
                              Answer: C
                              Question #3

                              Identify two possible statuses available for reviewing the allocation transaction, after having run the Generate Allocations process in Fusion PPM.

                              • A. deletion in progress
                              • B. draft success
                              • C. release in progress
                              • D. draft failure
                              • E. release Failure
                              Answer: A,D
                              Question #4

                              Select the appropriate phrase to fill in the blank below.
                              The Navigator is a hierarchical arrangement of Work Areas or Dashboards with ___.

                              • A. function and data security
                              • B. role security
                              • C. data security
                              • D. function security
                              Answer: C
                              Question #5

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

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

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