JLL Transportation Executive Interview Questions and Answers

A BOQ stands for Bill of Quantities, which is a document used in construction projects to list the materials, parts, and labor needed for a project.

• A BOQ is typically prepared by a quantity surveyor or estimator.

• It includes detailed information on quantities, unit rates, and total costs for each item in the project.

• BOQs are used to help contractors and clients understand the scope of work and costs involved in a projec...read more

A contract is a legally binding agreement between two or more parties that outlines the terms and conditions of their relationship.

• A contract must involve an offer, acceptance, consideration, and intention to create legal relations.

• Contracts can be written or oral, but written contracts are generally more enforceable.

• Examples of contracts include employment agreements, rental agreements, and sales contracts.

FIDIC stands for International Federation of Consulting Engineers, which publishes standard contracts for the construction industry.

• FIDIC is an acronym for International Federation of Consulting Engineers.

• FIDIC publishes standard contracts for the construction industry.

• FIDIC contracts are commonly used in international construction projects.

Ind AS 115 deals with revenue recognition while amendments in Sch III relate to changes in financial reporting requirements.

• Ind AS 115 provides guidance on when and how to recognize revenue in financial statements.

• Amendments in Schedule III of the Companies Act, 2013, include changes in the format and disclosure requirements for financial statements.

• Both Ind AS 115 and amendments in Sch III aim to improve transparency

I have experience in negotiating lease agreements, conducting market research, and analyzing lease terms.

• Negotiated lease agreements with potential tenants

• Conducted market research to identify potential tenants and market trends

• Analyzed lease terms to ensure favorable conditions for the company

Seeking new challenges and opportunities for growth and development.

• Looking to expand my skill set and knowledge in a new environment

• Interested in taking on more responsibilities and leadership roles

• Seeking a change in work culture or company values

• Wanting to explore different industries or sectors

• Hoping to advance my career and reach new heights

Rent to Revenue Ratio is a financial metric used to evaluate the relationship between rental income and total revenue.

• It is calculated by dividing total rental income by total revenue.

• A higher ratio indicates that a larger portion of revenue is coming from rental income.

• It is commonly used in real estate and property management to assess the performance of rental properties.

• For example, if a company has $100,000 in ren...read more

I recently leased a new car for my daily commute to work.

• Leased a new car from XYZ dealership

• Chose a compact sedan model for fuel efficiency

• Signed a 3-year lease agreement with monthly payments

I would consider expanding into the luxury skincare market with a brand focused on natural ingredients and sustainable packaging.

• Research market trends in luxury skincare

• Identify gaps in the market for natural and sustainable skincare products

• Develop a unique brand identity and product line

• Collaborate with influencers and beauty experts for brand promotion

I have previous experience in managing a team and overseeing daily operations.

• Managed a team of 10 employees and ensured smooth workflow

• Developed and implemented strategies to improve productivity and efficiency

• Handled customer complaints and resolved issues effectively

• Trained new employees on company policies and procedures

• Conducted performance evaluations and provided feedback to team members

To handle MEP project execution involves coordinating with various teams, ensuring timely completion, and adhering to quality standards.

• Coordinate with design team, contractors, and suppliers to ensure smooth execution

• Monitor progress regularly and address any issues or delays promptly

• Ensure compliance with safety regulations and quality standards

• Manage budget and resources effectively to meet project goals

• Communicate ...read more

I have 5 years of experience in retail management, overseeing daily operations and leading a team of 15 employees.

• Managed inventory and ensured stock levels were maintained

• Implemented new sales strategies to increase revenue

• Trained and supervised staff to improve customer service

• Handled customer complaints and resolved issues effectively

Check point of plastering is a crucial step in ensuring a smooth and even finish on walls or ceilings.

• Check for any uneven areas or bumps in the plaster surface

• Ensure that the plaster is fully dried before proceeding to the next step

• Use a straight edge or level to check for any dips or high spots in the plaster

• Inspect the corners and edges for any rough or unfinished areas

• Make sure to sand down any rough patches before

Check points of water proofing involves inspecting areas prone to water leakage and ensuring proper sealing and protection.

• Inspecting roof for cracks or missing shingles

• Checking windows and doors for gaps or faulty seals

• Examining foundation for signs of water seepage

• Testing waterproofing membranes in basements or bathrooms