10+ CoreFlex Solutions Interview Questions and Answers

Earned value metrics are project management tools used to measure project performance and progress.

• Earned Value (EV): The budgeted cost of work performed.

• Planned Value (PV): The budgeted cost of work scheduled.

• Actual Cost (AC): The actual cost incurred for the work performed.

• Cost Variance (CV): The difference between EV and AC.

• Schedule Variance (SV): The difference between EV and PV.

• S-Curve: Graphical representation of planned value, earned value, and actual cost over time.

• Ca...read more

Different activity types in P6 include Task, Milestone, Hammock, Level of Effort, and WBS Summary.

• Task - Represents a specific work item with a duration and resources assigned

• Milestone - Represents a significant event or achievement with zero duration

• Hammock - Represents a summary task that spans multiple activities

• Level of Effort - Represents work that is not tied to a specific duration or quantity

• WBS Summary - Represents a summary of activities within a specific Work Breakd...read more

I have worked in a pumping station with a capacity of 10,000 cubic meters per hour.

• Worked in a pumping station with a capacity of 10,000 cubic meters per hour

• Managed operations and maintenance of pumps, valves, and pipelines

• Implemented efficiency improvements to optimize pumping station performance

Depreciation is the gradual decrease in the value of an asset over time due to wear and tear, obsolescence, or other factors.

• Depreciation is an accounting method used to allocate the cost of an asset over its useful life.

• It represents the reduction in value of tangible assets like buildings, vehicles, or equipment.

• Depreciation expense is recorded on the income statement and accumulated depreciation is shown on the balance sheet.

• Different methods of depreciation include straig...read more

Bank reconciliation is the process of comparing and matching the balances in a company's accounting records with the bank statement.

• Bank reconciliation ensures that the company's records accurately reflect the transactions and balances in its bank accounts.

• It involves comparing the company's cash account balance with the bank statement balance and identifying any discrepancies.

• Common reasons for discrepancies include outstanding checks, deposits in transit, bank fees, and err...read more

No cash expenses are expenses that do not involve the use of physical cash.

• No cash expenses are transactions that are not paid for with cash.

• These expenses are typically paid for using other forms of payment such as credit cards, checks, or electronic transfers.

• Examples of no cash expenses include utility bills paid by direct debit, online purchases made with a credit card, or vendor payments made by electronic funds transfer.

Peak factor is the ratio of the peak value of a signal to its RMS value.

• Peak factor is used to measure the peak-to-average ratio of a signal.

• It is calculated by dividing the peak value of a signal by its RMS value.

• A higher peak factor indicates a signal with larger peaks and greater dynamic range.

• For example, a sine wave with no distortion has a peak factor of √2 or approximately 1.414.

Handled over 10,000 tags in a SCADA system. IEC 104 protocol is used for real-time data communication in power systems.

• Handled over 10,000 tags in a SCADA system

• IEC 104 protocol is used for real-time data communication in power systems

Planning in project control involves creating schedules, setting milestones, allocating resources, and monitoring progress.

• Developing detailed project schedules

• Setting milestones and deadlines

• Allocating resources effectively

• Monitoring progress and adjusting plans as needed

Sewer gems are tools used in network engineering for monitoring and troubleshooting network performance in complex systems.

• Sewer gems are specialized software or hardware tools used by network engineers.

• They help in monitoring and analyzing network traffic, identifying bottlenecks, and troubleshooting issues.

• Examples of sewer gems include Wireshark, SolarWinds Network Performance Monitor, and Cisco Network Assistant.