Mihir Homes Realty Senior Estimation Engineer Interview Questions and Answers

Reconciliation is the process of comparing two sets of records to ensure they are in agreement and resolving any discrepancies.

• Reconciliation involves comparing financial records, such as bank statements and accounting records, to ensure they match

• Any discrepancies found during reconciliation must be investigated and resolved

• Reconciliation helps ensure accuracy and integrity of financial data

• Examples include reconcilin...read more

Factors affecting the budget include project scope, labor costs, material costs, market conditions, and unexpected changes.

• Project scope: The size and complexity of the project can greatly impact the budget.

• Labor costs: The cost of labor, including wages and benefits, can significantly affect the budget.

• Material costs: The cost of materials needed for the project can fluctuate and impact the budget.

• Market conditions: E...read more

QS stands for Quantity Surveyor, a professional who manages all costs relating to building and civil engineering projects.

• QS is responsible for estimating and monitoring construction costs.

• They prepare tender documents, contracts, budgets, bills of quantities, and other financial documents.

• QS also assesses the value of work done on site and advises on legal and contractual issues.

• Examples of QS tasks include cost plann...read more

I will prioritize tasks, delegate when necessary, and communicate effectively to manage my work schedule during pressure.

• Prioritize tasks based on deadlines and importance

• Delegate tasks to team members to lighten the workload

• Communicate with stakeholders about any potential delays or challenges

• Utilize time management techniques such as the Pomodoro Technique or Eisenhower Matrix

• Take short breaks to avoid burnout and ma...read more