LTIMindtree PMO Interview Questions and Answers

Q1. Introduction and technical
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Q1. Technical, communication and other knowledge
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Q1. Introduction and experience
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Q2. It's all about salary
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Q1. What is the process of the procure-to-pay (P2P) cycle?
Ans. 
The procure-to-pay (P2P) cycle is the process of obtaining goods or services from a supplier and paying for them.
• 1. Requisition: The process starts with creating a purchase requisition for the required goods or services.

• 2. Purchase Order: Once the requisition is approved, a purchase order is created and sent to the supplier.

• 3. Goods Receipt: Upon receiving the goods or services, a goods receipt is recorded in the syste...read more
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Q2. What is the process for returning a purchase order (PO)?
Ans. 
The process for returning a purchase order involves creating a return order, specifying the reason for return, and processing the return with the vendor.
• Create a return order in the system

• Specify the reason for return (e.g. damaged goods, incorrect quantity)

• Process the return with the vendor by sending the return order and arranging for pickup or return shipment
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Q3. What are some examples of different movement types?
Ans. 
Movement types in SAP MM are used to control different goods movements in the system.
• 101 - Goods receipt for purchase order

• 261 - Goods issue for an order

• 601 - Goods issue for delivery
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Q1. What information can be found on a PR screen?
Ans. 
A PR screen in SAP MM contains information related to purchase requisitions.
• Details of the requested material or service

• Quantity needed

• Delivery date required

• Account assignment details

• Approval status

• Source of supply information
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Q2. What is your understanding of release strategy in project management?
Ans. 
Release strategy in project management involves defining criteria for approving project deliverables or changes.
• Release strategy determines who has the authority to approve project deliverables or changes.

• It typically involves setting up a hierarchy of approvers based on certain criteria such as cost, risk, or impact.

• For example, a release strategy may require approval from a project manager for changes under $10,000, ...read more
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Q3. Why is the purchase info record mandatory?
Ans. 
Purchase info record is mandatory for maintaining vendor-specific purchasing data.
• Maintains vendor-specific purchasing data such as pricing, delivery terms, etc.

• Helps in ensuring consistency in purchasing decisions and tracking vendor performance.

• Enables efficient procurement processes by providing relevant information to buyers.

• Used for automatic determination of conditions during purchase order creation.
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Q1. Difference between STO and Transfer Posting
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Q2. Two way and three way match in LIV
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Test consist of 4 Section with 40% passing marks

Q1. Total IT Experience
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Q2. Salary Expectation
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Q1. P2p process, sto, rtp
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Q2. Scenario based questions
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Q1. Org structure, special procurements, inventory management
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Q1. STO, challenges faced, EDI
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