WSP Project Manager Interview Questions and Answers

I never imagined such kind of environment in EY that simply reschedule the interview without any reason probably interviewer was in mood of Friday finally she ready to schedule the interview on Tuesday, which she joined late and didn't start the camera, seems she is just doing formality on name of interview process.
Interviewer hardly any proper knowledge about project management, data center migration process, risk mitigation plans etc, once she failed to evaluate all these she asked me to stop and started asking directly from PMP book based question which is more into from some book or online source.

Q1. Introduce yourself & roles
Ans. 
I am an experienced Project Manager with a background in leading cross-functional teams to successful project completion.
• Led multiple projects from initiation to closure, ensuring deliverables are met on time and within budget

• Managed stakeholder expectations and communication throughout project lifecycle

• Utilized project management tools such as Gantt charts, risk registers, and status reports

• Facilitated team meetings a...read more
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Q2. What is Project phases
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Project phases are distinct stages in a project's lifecycle, each with specific goals and deliverables.
• Initiation: Define project scope, objectives, and stakeholders.

• Planning: Develop project plan, schedule, and budget.

• Execution: Implement project plan and deliver project deliverables.

• Monitoring and Controlling: Track project progress and make necessary adjustments.

• Closing: Finalize project deliverables and hand off to...read more
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Q1. Ifrs 15 detail with an example
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IFRS 15 is a standard that outlines how and when revenue should be recognized in financial statements.
• IFRS 15 provides guidance on when revenue should be recognized based on the transfer of goods or services to customers.

• It requires companies to identify performance obligations in a contract and allocate the transaction price to each obligation.

• An example of IFRS 15 in action would be a software company recognizing rev...read more
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Q2. Real life implications of IFRS 15 on Revenue recognition for real estate contracts
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IFRS 15 impacts real estate revenue recognition by changing timing and method of revenue recognition.
• IFRS 15 requires revenue to be recognized when control of the property is transferred to the buyer, rather than when risks and rewards are transferred.

• Real estate developers may need to adjust their financial statements and contracts to comply with the new standard.

• IFRS 15 also requires more detailed disclosures about r...read more
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Q1. Very tough questions
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Q1. Another person takes interviews
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Q1. HR round interview
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Q1. Describe more about last executed project
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Q1. Why quitting? Salary expectation
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Q1. PMP questions triple constraints of project PRoject related questions
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Q1. Risk vs Issue, why Pwc, future gaol
Ans. 
Risk and issues are different in project management. PwC is chosen for its expertise. Future goals include growth and success.
• Risk is a potential future event that may have a negative impact on the project, while an issue is a current problem that is already affecting the project.

• PwC is chosen for its reputation, expertise, and track record in project management.

• Future goals may include achieving project milestones, de...read more
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Q1. What potential risks normally seen in projects
Ans. 
Potential risks in projects
• Unclear project objectives

• Inadequate planning and resource allocation

• Lack of stakeholder involvement and communication

• Scope creep and requirement changes

• Budget overruns

• Technical challenges and dependencies

• Team conflicts and resource constraints

• External factors like market changes or regulatory issues
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