Indospace Development Management Interview Questions and Answers

Q1. How to BOQ preparedness
Ans. 
BOQ preparedness involves creating a detailed Bill of Quantities for a project to ensure accurate cost estimation and resource allocation.
• Understand the scope of the project and gather all necessary information

• Break down the project into smaller components and quantify the materials, labor, and equipment required for each

• Use standardized formats and templates for consistency and accuracy

• Regularly update the BOQ as the ...read more
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Q2. How to calculate rate analysis
Ans. 
Rate analysis is a method used to calculate the unit rates for various items of work in construction projects.
• Identify the items of work to be analyzed

• Determine the quantities of materials and labor required for each item

• Calculate the total cost for each item by multiplying the quantity with the respective rates

• Divide the total cost by the quantity to get the unit rate

• Repeat the process for all items and compile the un
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Q3. Rate per sqft cost of WAREHOUSING in every part for eg. FIRE FIGHTING, CIVIL WORKS, ELECTRICAL WORKS, PLUMBING ETC
Ans. 
The rate per sqft cost of warehousing varies depending on factors like fire fighting, civil works, electrical works, plumbing, etc.
• Rate per sqft cost for fire fighting can range from $1.50 to $3.00

• Rate per sqft cost for civil works can range from $5.00 to $10.00

• Rate per sqft cost for electrical works can range from $2.00 to $4.00

• Rate per sqft cost for plumbing can range from $1.00 to $2.50
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Q4. How do you Vendor selection for work enhancement.
Ans. 
Vendor selection for work enhancement involves evaluating vendors based on criteria like quality, cost, reliability, and reputation.
• Identify the specific needs and requirements of the project or task

• Research potential vendors and create a list of candidates

• Evaluate vendors based on criteria such as quality of work, cost, reliability, and reputation

• Request proposals or quotes from selected vendors

• Conduct interviews or m...read more
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Q5. How to negotiate with vendor.
Ans. 
Negotiating with vendors involves effective communication, research, and compromise to reach mutually beneficial agreements.
• Establish clear objectives and priorities before entering negotiations.

• Research market prices and competitors' offers to leverage during negotiations.

• Maintain open communication and be willing to compromise to reach a win-win agreement.

• Build and maintain a positive relationship with the vendor for...read more
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Q6. Knowlege about ERP Software must.
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Q7. Comparision sheet preparedness with at least three vendor and also existing rates with company.
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Technical round 3 round are there

Q1. Past history of company
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Q2. Technical questions regarding bbs
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Q1. Expecting salary from company
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Scenario like when you was disagree with your manager & what you did to convince him

Q1. Will you able to work with lean manpower
Ans. 
Yes, I have experience working with lean manpower and optimizing resources efficiently.
• I have successfully managed projects with limited resources by prioritizing tasks and maximizing productivity.

• I am skilled at identifying areas for improvement and implementing strategies to streamline processes.

• I have experience working in fast-paced environments where efficiency and resource optimization are key.

• I am adaptable and ...read more
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Q2. Daily Routine
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Q1. Interested Interview
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Q2. I'm so Very Happy for interview
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Q3. The interview should be a great one
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Q4. Till date, all the interviews that I have given have been given with freedom.
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Q5. Interested for interview and no question
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B.COM From IAMR College of Institute