EPC Infracon Interview Questions and Answers

Various business analysis techniques include SWOT analysis, PESTLE analysis, stakeholder analysis, and gap analysis.

• SWOT analysis: Identifying strengths, weaknesses, opportunities, and threats of a business.

• PESTLE analysis: Examining political, economic, social, technological, legal, and environmental factors affecting a business.

• Stakeholder analysis: Identifying key stakeholders and their interests in a project or organization.

• Gap analysis: Comparing current state and desire...read more

Agile methodology is based on iterative development, collaboration, flexibility, and customer feedback.

• Iterative development: Projects are broken down into small increments for continuous improvement.

• Collaboration: Emphasis on teamwork and communication among cross-functional teams.

• Flexibility: Ability to adapt to changing requirements and priorities.

• Customer feedback: Regular feedback from customers to ensure the product meets their needs.

• Examples: Scrum, Kanban, Lean, XP

The target operating model is a blueprint that defines how an organization will operate to achieve its strategic goals.

• Defines the structure, processes, capabilities, technology, and governance required to deliver the desired outcomes

• Aligns the organization's resources and activities with its strategic objectives

• Helps in identifying gaps and areas for improvement in the current operating model

• Can include elements such as organizational structure, business processes, technolog...read more

Seeking new challenges and growth opportunities in a different industry.

• Desire for new challenges and growth

• Interest in exploring different industry

• Opportunity to expand skill set

• Seeking career advancement

To draw a basic flow chart using Visio, start by opening a new document and selecting the 'Flowchart' template.

• Open Visio and select the 'Flowchart' template

• Drag and drop shapes from the 'Flowchart' Shapes' panel onto the canvas

• Connect the shapes using arrows to show the flow of the process

• Add text to label each shape and describe the process

• Format the flowchart by adjusting shapes, colors, and styles

Accounting transactions are the exchange of goods or services between two parties that result in a financial impact on the business.

• Accounting transactions involve at least two accounts - one account is debited and the other is credited

• Debits and credits must always balance

• Examples of accounting transactions include sales, purchases, and payments

• Transactions are recorded in a journal and then posted to a ledger

BPMN (Business Process Model and Notation) is a graphical representation for specifying business processes in a workflow.

• BPMN 2.0 is the most widely used version

• Types of BPMN models include: Process, Collaboration, Choreography

• Symbols in BPMN represent different elements like tasks, gateways, events

• Examples: Process model for order processing, Collaboration model for supply chain management

Golden rules of accounts are basic principles used in accounting to prepare financial statements.

• Debit what comes in, credit what goes out

• Debit the receiver, credit the giver

• Debit expenses and losses, credit income and gains