Oracle Financial Services Software Project Manager Interview Questions and Answers

Negotiating timelines with product owners or scrum teams in a waterfall model requires clear communication, prioritization, and flexibility.

• Communicate openly and regularly with the product owner and scrum team to understand project requirements and constraints.

• Prioritize tasks based on importance and impact on project timeline.

• Be flexible and willing to adjust timelines based on feedback and changes in project scope.

• U...read more

I have used a variety of tools including project management software, communication tools, and data analysis tools.

• Project management software (e.g. Microsoft Project, Asana)

• Communication tools (e.g. Slack, Microsoft Teams)

• Data analysis tools (e.g. Excel, Tableau)

I manage escalations by addressing the issue promptly, involving key stakeholders, setting clear expectations, and finding a resolution.

• Address the issue promptly to prevent it from escalating further

• Involve key stakeholders such as team members, clients, and senior management

• Set clear expectations and communicate effectively with all parties involved

• Find a resolution that satisfies all parties and prevents similar esc

Client handling involves effective communication, understanding their needs, managing expectations, and building strong relationships.

• Listen actively to understand client requirements

• Communicate clearly and regularly to keep clients informed

• Manage expectations by setting realistic goals and timelines

• Build trust and rapport with clients to strengthen relationships

• Handle complaints or issues professionally and promptly

Project events include sprint planning, daily stand-ups, sprint review, and sprint retrospective.

• Sprint planning involves determining the work to be done in the sprint.

• Daily stand-ups are short meetings to discuss progress and any obstacles.

• Sprint review is a meeting to review the completed work with stakeholders.

• Sprint retrospective is a meeting to reflect on the sprint and identify improvements.

• Examples: Sprint plann...read more

Agile is iterative and flexible, while waterfall is sequential and rigid.

• Agile involves continuous collaboration and adaptation, while waterfall follows a linear approach.

• Agile allows for changes throughout the project, while waterfall requires detailed planning upfront.

• Agile delivers working software in short iterations, while waterfall delivers the final product at the end of the project.

• Agile is better suited for pr...read more

Cons of agile include lack of predictability, potential for scope creep, and difficulty in measuring progress.

• Lack of predictability in project timelines and outcomes

• Potential for scope creep due to frequent changes and iterations

• Difficulty in measuring progress and tracking project success

• Requires high level of collaboration and communication, which can be challenging in large teams or remote work environments

Key elements in project planning include defining project scope, creating a timeline, setting goals, allocating resources, and identifying risks.

• Defining project scope to clearly outline the objectives and deliverables

• Creating a timeline with milestones and deadlines to track progress

• Setting specific, measurable, achievable, relevant, and time-bound (SMART) goals

• Allocating resources such as budget, team members, and ma...read more