Bharat Aluminium Company (BALCO) Project Engineer Interview Questions and Answers

A Gantt chart is a visual representation of a project schedule that shows the start and finish dates of various elements of the project.

• Gantt charts are used to plan, schedule, and track project progress

• They show tasks, milestones, dependencies, and timelines in a graphical format

• Commonly used in project management to communicate project status and timelines

• Example: Task 1 starts on Monday and ends on Friday, Task 2 st

IRR stands for Internal Rate of Return in project management, which is a metric used to evaluate the profitability of a project.

• IRR is a financial metric used to calculate the profitability of an investment or project.

• It represents the discount rate that makes the net present value (NPV) of all cash flows from a project equal to zero.

• A higher IRR indicates a more profitable project, while a lower IRR may signal potenti...read more

Project safety refers to the measures and protocols put in place to ensure the well-being and security of all individuals involved in a project.

• Ensuring compliance with safety regulations and standards

• Implementing safety training for all project team members

• Conducting regular safety inspections and audits

• Providing personal protective equipment (PPE) when necessary

• Creating emergency response plans and protocols

• Examples:...read more