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Updated: Oct 20, 2026

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Oracle 1z1-498 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Fusion Project Portfolio Management 2014 Essentials
Exam Number:1Z0-498
Available Languages:English
Real Exam Qty:75–79
Related Certifications:Oracle Fusion Applications 11g/2014 Implementation Specialist
Passing Score:62%
Exam Price:$245 USD
Exam Duration:120 minutes
Exam Format:Multiple Select, Multiple Choice
Certificate Validity Period:18–24 months
Recommended Training:Oracle Fusion Project Portfolio Management 2014 Implementation Training
Exam Registration:Pearson VUE Scheduling
Oracle University Exam Registration
Sample Questions:Oracle 1z1-498 Sample Questions
Exam Way:Computer-based testing at Pearson VUE centers or online proctored
Pre Condition:No mandatory prerequisites; recommended: hands-on experience with Oracle Fusion PPM and basic implementation knowledge
Official Syllabus URL:https://education.oracle.com/oracle-fusion-project-portfolio-management-2014-essentials/pexam_1Z0-498

Oracle 1z1-498 Exam Syllabus Topics:

SectionWeightObjectives
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. Set up calendars and accounting periods
          • 2. Define business units and project units
            • 3. Manage reference data sets
              Project Performance Reporting and Integration15%- OTBI and Analytics
              • 1. Set up KPIs and performance dashboards
                • 2. Configure transactional business intelligence
                  - Cross-Module Integration
                  • 1. Security and function access setup
                    • 2. Integrate with Oracle Financials
                      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
                                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. Microsoft Project integration
                                      • 2. Create and manage work breakdown structures
                                        • 3. Set up progress and status tracking
                                          Project Billing and Revenue Management20%- Invoice Generation
                                          • 1. Integrate with Oracle Receivables
                                            • 2. Manage project invoicing options
                                              - Contract and Revenue Setup
                                              • 1. Configure contract types and terms
                                                • 2. Set up billing methods and schedules
                                                  • 3. Define revenue recognition rules

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    Question #1

                                                    Select two default planning options that are included when Financial Plan Types are created in Fusion PPM.

                                                    • A. billing cycle version
                                                    • B. burdening versions
                                                    • C. budget versions
                                                    • D. forcecast versions
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: C,D  🗳️

                                                    Question #2

                                                    Identify three true statements about Oracle BusinessIntelligence Applications.

                                                    • A. Oracle Business IntelligenceApplications are built- on Oracle BusinessIntelligence EnterpriseEdition technology,
                                                    • B. Oracle Business Intelligence Applications ore not available for EBS,Peoplesoft,JD Edwards, andSieble.
                                                    • C. Oracle Businessintelligence Applications provide pre-packaged data warehouse, ETL, metrics, andinteractive dashboards.
                                                    • D. Oracle BusinessIntelligence Applications provide unlimited historical analysis, including trending and cross-domain insight
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B,C,D  🗳️

                                                    Question #3

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

                                                    • A. Project Definition
                                                    • B. ProjectAccounting Definition
                                                    • C. Project Rates
                                                    • D. Projecttransaction Types
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: B,D  🗳️

                                                    Question #4

                                                    Capitalization Options on a project type allows you to use cost allocation methods to automatically distribute which two types of costs across multiple assets?

                                                    • A. costs attributable to a specific asset
                                                    • B. indirect costs
                                                    • C. non-capitalizablecosts
                                                    • D. common costs
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,B  🗳️

                                                    Question #5

                                                    Select the four duties the project administrator is entitled to, by default, in Budgeting and Forecasting.

                                                    • A. review versions
                                                    • B. create versions
                                                    • C. submit versions
                                                    • D. edit budget and forecast planning option
                                                    • E. generate versions
                                                    • F. approve versions
                                                    Reveal Solution  Discussion  0

                                                    Correct Answer: A,B,E,F  🗳️

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