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Updated: Aug 16, 2026
No. of Questions: 79 Questions & Answers with Testing Engine
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| 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 |
| Section | Weight | Objectives |
|---|---|---|
| Project Costing | 25% | - Capital Project Costing
|
| Project Billing and Revenue Management | 20% | - Contract and Revenue Setup
|
| Project Resource and Execution Management | 18% | - Project Planning and Execution
|
| Project Foundation Configuration | 22% | - Enterprise Structures and Project Units
|
| Project Performance Reporting and Integration | 15% | - Cross-Module Integration
|
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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