Kotak Mahindra Bank Interview Questions and Answers

Basic things required to create a project plan include defining project scope, setting objectives, creating a work breakdown structure, determining resources, and establishing a timeline.

• Define project scope to outline the boundaries and deliverables of the project.

• Set clear objectives to ensure the project goals are understood by all stakeholders.

• Create a work breakdown structure (WBS) to break down the project into manageable tasks.

• Determine resources needed for the project...read more

Total float is the amount of time an activity can be delayed without delaying the project, while free float is the amount of time an activity can be delayed without delaying the early start of its successor activity.

• Total float is the total amount of time that an activity can be delayed without delaying the project completion date.

• Free float is the amount of time that an activity can be delayed without delaying the early start of its successor activity.

• Total float considers t...read more

Critical path is the longest sequence of activities in a project that determines the shortest possible duration. Float of critical activities is zero.

• Critical path is the sequence of activities that determines the minimum project duration.

• It consists of activities that have zero float, meaning any delay in these activities will delay the project.

• Float of critical activities is zero, meaning they cannot be delayed without delaying the project.

• Non-critical activities have float...read more

I would consider various factors before making a decision, such as career growth opportunities, job satisfaction, work-life balance, and potential for learning and development.

• Consider the overall job satisfaction and career growth opportunities in the current company

• Evaluate the potential for learning and development in the new company

• Assess the work-life balance and job security in both companies

• Consider any additional benefits or perks offered by the new company

• Consult wit...read more

Primary duties of planning engineer include creating project schedules, monitoring progress, identifying delays, and coordinating with stakeholders.

• Creating and maintaining project schedules

• Monitoring project progress and identifying delays

• Coordinating with project team members and stakeholders

• Analyzing project data and providing reports

• Implementing changes to schedules as needed

Resource leveling is the process of smoothing out resource allocation to prevent peaks and valleys in resource usage.

• Resource leveling involves adjusting the start and finish dates of activities to ensure resources are not overallocated at any point in time.

• Resource allocation is the process of assigning resources to specific activities based on availability, skills, and requirements.

• Resource leveling helps in optimizing resource utilization and avoiding bottlenecks in projec...read more

A good schedule is one that is realistic, achievable, and well-organized.

• A good schedule should be realistic and take into account all necessary tasks and resources.

• It should be achievable within the given time frame and budget.

• The schedule should be well-organized with clear milestones and deadlines.

• Regular monitoring and updates are essential to ensure the schedule stays on track.

• Examples: Gantt charts, critical path method, resource leveling.