Technical Interview Questions
Majorly encountered risks in a project are: Cost Risk Schedule Risk Performance Risk Resource Risk Technology Risk Market Risk Legal Risk Strategic Risk Governance Risk Operational Risk External Risk In a project management interview, when asked about the major types of risks encountered in a project, it’s important to demonstrate a comprehensive understanding of potential … Read more
Pareto Analysis is a statistical technique in decision-making. It is basically used for the selection of a limited number of tasks which can bring a significant overall effect. This principle follows the Pareto Principle (also known as the 80/20 rule) and states that 80% of the results come from 20% of the actions. It helps … Read more
To handle an unhappy customer, you must: Show the customers that you value them Understand why they are not happy Figure out what modifications they want Try to incorporate the modifications if possible If not possible try to convince and explain to the customer that the project fits in with the agreed scope In handling … Read more
It is a type of contract that is a hybrid contractual arrangement containing aspects of both cost-reimbursable and fixed-price contracts. Time and material contracts resemble the cost-reimbursable type arrangements where they have no definitive end. This contract is generally used in projects whose accurate project size can’t be estimated or when it is expected that … Read more
Type of communication you use in your project will completely depend on the type of project you are working on and the type of team you have. Types of communication styles that a project manager uses: Written Electronic Face-to-Face Responsive The correct answer to this question depends on your personal communication style and how it … Read more