Hindustan Construction Company Planning Manager Interview Questions and Answers

Time limited schedule focuses on completing the project within a specific deadline while resource limited schedule focuses on utilizing available resources efficiently.

• Time limited schedule is ideal for projects with strict deadlines

• Resource limited schedule is ideal for projects with limited resources

• Time limited schedule may require additional resources to meet the deadline

• Resource limited schedule may require extend...read more

Float is the amount of time an activity can be delayed without affecting the project end date.

• Float helps in identifying critical and non-critical activities in a project schedule.

• Activities with zero float are critical and must be completed on time to avoid project delays.

• Activities with positive float can be delayed without affecting the project end date.

• Activities with negative float indicate that the project end da...read more

Free float is the amount of time an activity can be delayed without delaying the early start of the next activity. Total float is the amount of time an activity can be delayed without delaying the project end date.

• Free float is specific to an activity and is calculated by subtracting the early start of the next activity from the early finish of the current activity.

• Total float is the difference between the project end ...read more

Developing a complete schedule in Primavera involves several steps.

• Define project scope and objectives

• Break down the project into smaller tasks and activities

• Determine the sequence of activities and their dependencies

• Estimate the duration of each activity

• Assign resources to each activity

• Create a network diagram

• Enter the data into Primavera software

• Review and adjust the schedule as needed

Prospective DA is done before a project starts while retrospective DA is done after the project is completed.

• Prospective DA is done to identify potential risks and plan mitigation strategies.

• Retrospective DA is done to evaluate the effectiveness of risk mitigation strategies and identify areas for improvement.

• Prospective DA is proactive while retrospective DA is reactive.

• Examples of prospective DA include risk assessme...read more

Productivity rates for the current project are within the expected range.

• Productivity rates are being monitored regularly

• The team is meeting the project deadlines

• Efficient use of resources is being ensured

• No major delays or setbacks have been reported

Schedule Comparison in P6

• Schedule comparison in P6 involves comparing two or more schedules to identify differences and similarities

• This can be done using the 'Compare Project' feature in P6

• Users can compare schedules based on activities, resources, WBS, and more

• The comparison results can be viewed in a report format or as a Gantt chart

• This feature is useful for identifying changes in the schedule and analyzing the imp

A balanced budget is a financial plan where income equals expenses, resulting in no deficit or surplus.

• A balanced budget ensures that a company or government does not spend more than it earns.

• It requires careful planning and monitoring of income and expenses.

• A balanced budget can help maintain financial stability and prevent debt accumulation.

• Examples of balanced budgets include when a government's total revenue matche...read more

MIS stands for Management Information System. It is a computer-based system that provides information for decision-making.

• MIS collects, processes, and stores data from various sources.

• It generates reports and provides analysis to support decision-making.

• MIS can be used in various industries such as healthcare, finance, and manufacturing.

• Examples of MIS software include SAP, Oracle, and Microsoft Dynamics.

• MIS can help o...read more

Cashflow is the movement of money in and out of a business. It is used to track and manage financial resources.

• Cashflow is the net amount of cash and cash equivalents that flow in and out of a business.

• It is important for businesses to manage their cashflow to ensure they have enough funds to pay their bills and invest in growth.

• Cashflow can be positive (more money coming in than going out) or negative (more money goin...read more