Associate PMO Interview Questions and Answers

GM can be calculated by subtracting the cost of goods sold (COGS) from the total revenue.

• Calculate total revenue from sales

• Calculate cost of goods sold (COGS)

• Subtract COGS from total revenue to get GM

AR mapping stands for Accounts Receivable mapping, which involves matching payments received to the corresponding invoices.

• AR mapping helps ensure accurate financial records by reconciling payments with invoices

• It involves identifying and resolving discrepancies between payments and invoices

• Common tools used for AR mapping include accounting software and spreadsheets

• Example: If a customer pays for an invoice but the payment is not recorded in the system, AR mapping helps iden...read more

Allocation of resources involves assigning resources to different tasks based on priorities and constraints.

• Identify project priorities and goals

• Assess resource availability and capabilities

• Allocate resources based on project needs and constraints

• Monitor resource usage and adjust allocation as needed

PMO role involves providing support, guidance, and governance to project teams to ensure successful project delivery.

• PMO provides project management support and guidance to project teams

• PMO ensures projects are aligned with organizational goals and objectives

• PMO establishes project management processes and standards

• PMO monitors project progress and performance

• PMO provides project portfolio management and reporting

• PMO may also provide training and development for project manag...read more