Oracle 1z1-498 : Oracle Fusion Project Portfolio Management 2014 Essentials

1z1-498 real exams

Exam Code: 1z1-498

Exam Name: Oracle Fusion Project Portfolio Management 2014 Essentials

Updated: Aug 09, 2026

Q & A: 79 Questions and Answers

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Oracle 1z1-498 Exam Syllabus Topics:

SectionObjectives
Configure Fusion Project Control
Configure Project Templates
Oracle Fusion Applications Security Overview
Common Project Configuration
Configure Fusion Project Foundation
Project Team Connect
Configure Fusion Project Billing
Fusion Functional Setup Manager
Fusion Project Portfolio Management Overview
Fusion Project Reporting
Configure Fusion Common Applications
Configure Project Performance Reporting
Project Integration Gateway
Configure Fusion Project Costing

Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Select the appropriate option to fill in the blank below.
A person is allowed to remove transactions when the Project Invoice status is _____

A) Draft
B) Released
C) Accepted
D) Transferred


2. When implementing Project Performance Reporting, the client has provided the following scenario:
1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
2.As long as the project cost is less than the threshold, the project should be shown as on-track.
Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?

A) single threshold level value
B) single threshold level range
C) multiple threshold level value
D) multiple threshold levels


3. During an implementation, one of your consultants wants to understand the order in which Fusion PPM searches for the Labor Costing Overrides, Identify the advice that should be shared with the consultant to help him or her obtain an accurate understanding of the order. In which Fusion PPM searches for the Labor Costing Overrides.

A) Person, Job and Organization Combination---->Personand Job Combination---->Person
B) Person,Joband Organization Combination- ->Person and Job combination
C) Person and Organize> Ion Combination -> Person andJob Combination___> Person
D) Person---> Person and Job Combination ---> Person, Job and OrganizationCombination


4. Identify three setups that are required to be performed at a Project Unit level in Fusion PPM.

A) BusinessUnitAssociation
B) Pi .Kit Numbering and FTIH
C) Contract Management Propertied
D) Implementation Options
E) Reporting Setup


5. You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be met for this to be possible?

A) Credit memo is created.
B) Invoice is released.
C) Invoice has no payments.
D) Invoicehas no adjustment or crediting Invoices applied to it.


Solutions:

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

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