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Sourcefuse Technologies

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Bada Business Interview Questions and Answers

Updated 20 Aug 2024
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Q1. How do you manage resources and allocate hours?

Ans.

I manage resources by assessing project needs, assigning tasks based on skill sets, and tracking hours to ensure efficient use of time.

  • Assess project requirements and determine resource needs

  • Assign tasks to team members based on their skill sets and availability

  • Track hours worked by each team member to ensure project stays on schedule

  • Adjust resource allocation as needed to address any bottlenecks or delays

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Q2. How do you contribute to Profit Margin?

Ans.

I contribute to profit margin by optimizing project timelines, reducing costs, and maximizing resources.

  • Optimizing project timelines to ensure efficient use of resources

  • Reducing costs through effective budget management and negotiation with vendors

  • Maximizing resources by assigning tasks effectively and utilizing team members' strengths

  • Implementing cost-saving measures such as automation or process improvements

  • Identifying and capitalizing on opportunities for revenue generatio...read more

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Q3. How do you track project progress?

Ans.

I track project progress using project management software, regular status meetings, progress reports, and milestone tracking.

  • Utilize project management software to track tasks, timelines, and milestones

  • Hold regular status meetings with team members to discuss progress and address any issues

  • Generate progress reports to provide stakeholders with updates on project status

  • Track milestones to ensure project is on schedule and within budget

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Q4. How do to track project progress?

Ans.

Project progress can be tracked through regular status updates, milestone tracking, and using project management tools.

  • Regular status updates from team members to track tasks completed and any roadblocks

  • Tracking milestones to ensure project is on schedule

  • Utilizing project management tools like Gantt charts or Kanban boards to visualize progress

  • Conducting regular meetings to discuss progress and address any issues

  • Using key performance indicators (KPIs) to measure project succe...read more

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Q5. What is the lifecycle of a project?

Ans.

The project lifecycle consists of initiation, planning, execution, monitoring and controlling, and closing phases.

  • Initiation: Define the project, set goals, and obtain approval.

  • Planning: Develop a roadmap, allocate resources, and create a schedule.

  • Execution: Implement the plan, manage resources, and communicate progress.

  • Monitoring and Controlling: Track performance, make adjustments, and address issues.

  • Closing: Finalize deliverables, obtain acceptance, and close out the proje...read more

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Q6. Do you know Project use cases?

Ans.

Project use cases refer to specific scenarios or situations where a project management approach is applied to achieve specific goals.

  • Project use cases involve defining project scope, objectives, deliverables, timelines, and resources.

  • Examples include software development projects, construction projects, event planning projects, and marketing campaigns.

  • Project use cases help ensure that projects are completed efficiently and effectively, meeting stakeholder expectations and re...read more

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Q7. what tools do you use as a PM?

Ans.

As a PM, I use various tools such as project management software, communication tools, and collaboration platforms.

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

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

  • Collaboration platforms (e.g. Google Drive, Trello)

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