Tamil Nadu Electricity Board Interview Questions and Answers

The 14 points of the DCMA are guidelines for effective project management in defense contracts.

• Establish clear project objectives and requirements

• Develop a realistic project schedule

• Assign responsibilities and authorities clearly

• Ensure adequate resources are available

• Maintain open communication with stakeholders

• Identify and manage project risks

• Monitor and control project performance

• Implement corrective actions when necessary

• Ensure compliance with regulations and standards

• Docu...read more

Formulas used to calculate Budget at Completion (BAC) in project control engineering.

• BAC = Planned Value (PV) at completion

• BAC = Actual Cost (AC) + Estimate to Complete (ETC)

• BAC = Budgeted Cost of Work Scheduled (BCWS) + Budgeted Cost of Work Remaining (BCWR)

Different types of relationships include familial, romantic, professional, and platonic relationships.

• Familial relationships: relationships between family members such as parents, siblings, and children.

• Romantic relationships: intimate relationships between partners or spouses.

• Professional relationships: relationships between colleagues or business partners.

• Platonic relationships: non-romantic relationships based on friendship and mutual respect.

Steps to create a look-ahead report

• Identify the project milestones and deadlines

• Review the project schedule and identify upcoming tasks

• Analyze potential risks and delays

• Update the look-ahead report with current progress and forecasted completion dates

• Communicate the report to stakeholders for awareness and decision-making

Primavera is a project management software used for planning, scheduling, and controlling projects.

• Primavera is commonly used in industries such as construction, engineering, and manufacturing.

• It allows users to create project schedules, allocate resources, track progress, and analyze project performance.

• Users can generate reports, monitor costs, and manage risks within the software.

• Primavera offers features like Gantt charts, critical path method, and resource leveling.

• It he...read more

Key performance indicators are measurable values that demonstrate how effectively a company is achieving key business objectives.

• KPIs are specific, quantifiable metrics used to track progress towards organizational goals.

• They help in evaluating the success of a project or business by measuring performance in key areas.

• Examples of KPIs for a Project Control Engineer may include project completion time, budget variance, and quality control metrics.

Earned value management is a project management technique for measuring project performance and progress.

• Compares actual work completed and costs incurred to planned work and costs

• Helps in forecasting project outcomes based on current performance

• Key metrics include Planned Value (PV), Earned Value (EV), and Actual Cost (AC)

• Formula: EV = % of work completed * Total budget

• Example: If a project is 50% complete and the total budget is $100,000, EV = 50% * $100,000 = $50,000

A schedule can be created by identifying project tasks, estimating durations, sequencing tasks, assigning resources, and setting milestones.

• Identify all project tasks and break them down into smaller, manageable activities.

• Estimate the duration of each task based on historical data or expert judgment.

• Sequence the tasks in the order they need to be completed, considering dependencies between tasks.

• Assign resources to each task, taking into account availability and skill level....read more