Sj Contracts Billing Engineer Interview Questions and Answers

Q1. What is material reconciliation
Ans. 
Material reconciliation is the process of comparing the actual materials used in a project with the estimated materials to ensure accuracy.
• Involves comparing the actual quantity of materials used in a project with the estimated quantity

• Helps in identifying any discrepancies or variances in material usage

• Ensures that the project stays within budget and timelines

• Can involve physical counting of materials on site or compa...read more
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Q2. What is rolling margin?
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Rolling margin is the difference between the selling price and the cost of goods sold, expressed as a percentage.
• Rolling margin helps in determining the profitability of a product or service.

• It is calculated by subtracting the cost of goods sold from the selling price, dividing the result by the selling price, and then multiplying by 100.

• For example, if a product is sold for $100 and the cost of goods sold is $60, the ...read more
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Q3. How to calculate bend deduction of ring in BBS?
Ans. 
Bend deduction of a ring in BBS is calculated by subtracting the sum of two bend allowances from the total length of the ring.
• Calculate the bend allowance for each bend in the ring.

• Add the bend allowances together to get the total bend allowance.

• Subtract the total bend allowance from the total length of the ring to get the bend deduction.
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Q1. What is bend deduction for ring hook
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Bend deduction for ring hook is the amount of material that is removed when bending a ring hook.
• Bend deduction is calculated based on the material thickness and bend radius.

• It is used to determine the flat pattern length of the material before bending.

• For ring hooks, the bend deduction is typically around 1.5 times the material thickness.

• The formula for calculating bend deduction is: Bend Deduction = (π/2) x Bend Radiu
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Q1. General Questions on yourself and previous organisation
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Q1. Question will be asked by you on your applied job profile, for eg if you are applying for billing engineer question will be on billing like what types of billing till you have done like milestone billing, ...read more
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Q2. What is JMR. What is LD In terms of Billing. Software knowledge like excel MS word &. Power point
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Q1. What is LD in billing, What is JMR, Mandatory document required for bill to be raised etc
Ans. 
LD in billing stands for Liquidated Damages, JMR stands for Joint Measurement Report, Mandatory documents include BOQ, drawings, work order, etc.
• LD in billing refers to Liquidated Damages, which are penalties imposed on contractors for delays in project completion.

• JMR stands for Joint Measurement Report, which is a document used to record measurements taken jointly by the client and contractor to verify quantities of w...read more
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Q1. Technical questions related to core subject and experience
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Q1. Technical Questions related to core subjects and experience
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Q1. Rates of sub-contractors . Billing process. Reconciliation means and how it is done. Rate Analysis. Key points of your last project. Type of structure that you had seen in your last company. And their deta...read more
Ans. 
The interview covered topics such as rates of sub-contractors, billing process, reconciliation, rate analysis, previous project experience, and types of structures encountered.
• Explained the process of obtaining rates from sub-contractors and how they are incorporated into the billing process

• Discussed the importance of reconciliation in ensuring accurate billing and payment

• Described the process of rate analysis and how ...read more
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IS 1200

Q1. Rate analysis of different item
Ans. 
Rate analysis involves calculating the cost of different items in a project.
• Rate analysis involves breaking down the cost of each item in a project

• It helps in determining the cost of materials, labor, and equipment for each item

• Rate analysis is essential for accurate budgeting and cost estimation in construction projects
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Q2. Cpwd codes & dsr
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Q3. What is escalation
Ans. 
Escalation is the process of increasing the level of urgency or severity of a situation.
• Escalation is commonly used in project management to address issues that require immediate attention.

• It involves raising a concern to higher levels of authority when it cannot be resolved at the current level.

• Escalation can also refer to increasing the intensity of a conflict or dispute.

• Examples include escalating a customer complai...read more
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Q4. Types of indices
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Types of indices include price index, quantity index, and composite index.
• Price index measures changes in prices over time.

• Quantity index measures changes in quantities of goods or services.

• Composite index combines price and quantity indices to provide a comprehensive measure.

• Examples: Consumer Price Index (CPI), Producer Price Index (PPI), and Dow Jones Industrial Average.
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Q5. How to control wastage
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Wastage can be controlled by proper planning, monitoring, training, and implementing efficient processes.
• Implementing proper inventory management to avoid overstocking and expiration of materials

• Regular monitoring of material usage and identifying areas of high wastage

• Training staff on proper handling and storage of materials to prevent damage and spoilage

• Implementing lean construction practices to minimize material wa...read more
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