EY Global Delivery Services ( EY GDS) Project Manager Interview Questions, Process, and Tips

Q1. How to manage risk in your project
Ans. 
Risk management in a project involves identifying, assessing, and mitigating potential risks to ensure project success.
• Identify potential risks by conducting a thorough risk assessment

• Assess the impact and likelihood of each risk

• Develop a risk management plan to address and mitigate identified risks

• Monitor and review risks throughout the project lifecycle

• Implement contingency plans for high-impact risks
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Q2. Give insights on budget planning and management
Ans. 
Budget planning and management involves creating a financial plan and monitoring expenses to ensure projects stay within budget.
• Create a detailed budget plan outlining all project expenses

• Monitor expenses regularly to track spending and identify any potential overruns

• Adjust budget as needed based on project progress and unforeseen expenses

• Communicate budget updates to stakeholders to ensure transparency and alignment

• Us...read more
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Q3. How would you calculate the status of budget based on given scenario using EVM formulae
Ans. 
EVM formulae can be used to calculate the status of budget by comparing planned value, earned value, and actual cost.
• Calculate Planned Value (PV) - budgeted cost of work scheduled

• Calculate Earned Value (EV) - budgeted cost of work performed

• Calculate Actual Cost (AC) - actual cost of work performed

• Use EVM formulae like Cost Performance Index (CPI) and Schedule Performance Index (SPI) to assess budget status
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Q4. What is critical path and how to use it with practical example.
Ans. 
Critical path is the longest sequence of tasks in a project that must be completed on time to ensure the project finishes on schedule.
• Identify all tasks in a project and their dependencies

• Calculate the duration of each task

• Determine the critical path by adding the durations of tasks in each path to find the longest path

• Focus on tasks in the critical path to ensure they are completed on time to avoid delays in the proje
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Q1. What is your role as a Project manager?
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Q2. Technology management what does that mean?
Ans. 
Technology management involves the planning, implementation, and maintenance of technology systems and infrastructure.
• It includes identifying technology needs and goals

• Developing strategies to meet those needs and goals

• Selecting and implementing appropriate technology solutions

• Managing and maintaining technology systems and infrastructure

• Ensuring security and compliance with regulations

• Examples include managing a compa...read more
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Make ppt for project management scenarios

Make ppt for Project management cases

Q1. Package discussed
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Q1. First round technical
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Q2. Related to your background
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Case study to answer and prepare ppt in 30 min + interviews