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Oracle 1z1-498 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Project Foundation Configuration	22%	- Project Types and Classifications 1. Define project classifications and categories 2. Set up project statuses and lifecycle 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 Integration	15%	- Cross-Module Integration 1. Integrate with Oracle Financials 2. Security and function access setup - OTBI and Analytics 1. Set up KPIs and performance dashboards 2. Configure transactional business intelligence
Topic 3: Project Billing and Revenue Management	20%	- Contract and Revenue Setup 1. Set up billing methods and schedules 2. Define revenue recognition rules 3. Configure contract types and terms - Invoice Generation 1. Manage project invoicing options 2. Integrate with Oracle Receivables
Topic 4: Project Resource and Execution Management	18%	- Project Planning and Execution 1. Microsoft Project integration 2. Set up progress and status tracking 3. Create and manage work breakdown structures - Resource Setup 1. Define resource classes and roles 2. Set up resource calendars and rates
Topic 5: Project Costing	25%	- Capital Project Costing 1. Capitalizable cost setup 2. Asset assignment and capitalization - Cost Setup and Allocation 1. Define expenditure types and formats 2. Configure cost allocation methods 3. Set up burdening and overhead rules

Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

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

2. Identify two reference data objects forwhich the default setassignments can be done for a business unit set determinant.

A) Project Rates
B) Project Definition
C) Projecttransaction Types
D) ProjectAccounting Definition

3. CORRECT TEXT
Select the correct option to fill in the blank below.
If revenue is recognized before billing, the accounting entry that gets triggered would be _________.