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Updated: Aug 16, 2026

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Oracle 1z0-498 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Fusion Project Portfolio Management 2014 Essentials
Exam Number:1Z0-498
Real Exam Qty:75–79
Exam Format:Multiple Choice, Multiple Select
Certificate Validity Period:18–24 months
Exam Duration:120 minutes
Exam Price:$245 USD
Passing Score:62%
Available Languages:English
Related Certifications:Oracle Fusion Applications 11g/2014 Implementation Specialist
Recommended Training:Oracle Fusion Project Portfolio Management 2014 Implementation Training
Exam Registration:Pearson VUE Scheduling
Oracle University Exam Registration
Sample Questions:Oracle 1z0-498 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 1z0-498 Exam Syllabus Topics:

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

                                                    Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                                                    1. Select the true statement related to Descriptive Flex fields and OTBI in Fusion Applications.

                                                    A) Through specific configurations, Descriptive Flex fields can be made to show the "BI Enabled"flag.
                                                    B) Only a restricted set of predefined Descriptive Flex fields can be "BI Enabled".
                                                    C) All Descriptive Flex fields can be "BI Enabled"
                                                    D) Descriptive Flex fields cannot be "BI enabled" and only custom subject areas need to be created.


                                                    2. Identify the two currencies that Fusion PPM automatically converts transactions to, when a Financial Plan Type is enabled for planning in multiple currencies.

                                                    A) Project Currency
                                                    B) Reporting Currency
                                                    C) Contract Currency
                                                    D) Project Ledger Currency


                                                    3. Select two true statements regarding OTBI.

                                                    A) OTBI helps in tactical reporting such as helping in decisions such as "Do I need more resources on this project"?
                                                    B) OTBI helpsin performingtrend analysiswith unlimited historical data
                                                    C) OTBI helps in strategic decision such as "Is it worthwhile forme executeprojects for thiscustomer"?
                                                    D) OTBI is thebusiness solution that helpsin current state analysis.


                                                    4. Identify three valid work areas under Project Portfolio Management.

                                                    A) Payment Workarea
                                                    B) Revenue Workarea
                                                    C) Projects Workarea
                                                    D) Capital Workarea
                                                    E) Transactions Workarea


                                                    5. Select the phrase that best completes the sentence below.

                                                    A) a privilege
                                                    B) an abstract role
                                                    C) a job
                                                    D) a duty


                                                    Solutions:

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

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