Planning Analyst

Planning Analyst Interview Questions and Answers

Updated 24 Sep 2022
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Q1. what is worse - cost under budget or time under budget ?

Ans.

It depends on the project and its priorities.

  • If the project is time-sensitive, then time under budget is worse.

  • If the project has a fixed deadline, then cost under budget is worse.

  • If the project has both time and cost constraints, then it depends on which constraint is more critical.

  • In general, it is better to have a balanced approach to managing both time and cost.

  • It is important to communicate any deviations from the budget or timeline to stakeholders.

Q2. what is better - cost over run or time over run ?/

Ans.

It depends on the project and its priorities.

  • Cost over run may be acceptable if the project has a tight budget and the delay is not critical.

  • Time over run may be acceptable if the project has a strict deadline and the additional cost can be managed.

  • Both cost and time over runs should be avoided as they can impact the project's success and reputation.

  • The decision should be based on a thorough analysis of the project's priorities and constraints.

  • Effective planning and risk mana...read more

Q3. What is EXXON MOBIL doing in India?

Ans.

ExxonMobil is involved in oil and gas exploration, production, and marketing in India.

  • ExxonMobil has a 25% stake in a liquefied natural gas (LNG) terminal in Gujarat.

  • The company is also involved in a joint venture with Indian Oil Corporation to manufacture and market lubricants.

  • ExxonMobil is exploring opportunities for shale gas development in India.

  • The company has a research and development center in Bangalore.

  • ExxonMobil is committed to reducing greenhouse gas emissions in I...read more

Q4. what will you if the project runs over cost ?

Ans.

I will analyze the reasons for the cost overrun and develop a plan to mitigate it.

  • Identify the root cause of the cost overrun

  • Review the project budget and timeline

  • Develop a plan to reduce costs without compromising quality

  • Communicate the situation to stakeholders and seek their input

  • Implement the plan and monitor progress closely

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Q5. what was the construction cost

Ans.

The construction cost was $10 million.

  • The total cost of construction was $10 million.

  • The cost included materials, labor, and equipment.

  • The project was completed within budget.

  • The cost was higher than anticipated due to unexpected delays.

  • The cost was lower than expected due to efficient planning and management.

Q6. How do you calculate sla

Ans.

SLA is calculated by measuring the time between a customer's request and the completion of the service.

  • Determine the start and end time of the service request

  • Subtract the start time from the end time to get the total time taken

  • Compare the total time taken to the agreed upon SLA timeframe

  • Calculate the percentage of requests completed within the SLA timeframe

  • SLA = (Number of requests completed within SLA timeframe / Total number of requests) * 100

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Q7. What is Contribution margin?

Ans.

Contribution margin is the amount of revenue that remains after deducting variable costs.

  • Contribution margin helps in determining the profitability of a product or service.

  • It is calculated by subtracting the variable costs from the revenue.

  • It is a useful tool for decision-making, such as determining the optimal pricing strategy.

  • For example, if a product has a revenue of $100 and variable costs of $60, the contribution margin would be $40.

  • Contribution margin can also be expres...read more

Q8. Hoe do you Calculate AHT %

Ans.

AHT% is calculated by dividing the total talk time by the total call time and multiplying by 100.

  • Calculate total talk time and total call time

  • Divide total talk time by total call time

  • Multiply the result by 100 to get AHT%

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Q9. Explain Lead Time in brief.

Ans.

Lead time is the amount of time it takes for a process to be completed, from start to finish.

  • Lead time is a measure of the total time required to fulfill a request or complete a task.

  • It includes all the steps and activities involved in the process, from initiation to delivery.

  • Lead time can vary depending on the complexity of the task and the efficiency of the process.

  • For example, in manufacturing, lead time includes the time it takes to procure raw materials, produce the prod...read more

Q10. Explain Safety Stock in brief.

Ans.

Safety stock is the extra inventory held to protect against uncertainties in demand or supply.

  • Safety stock is a buffer stock maintained to prevent stockouts and meet unexpected demand.

  • It acts as a cushion to absorb fluctuations in demand or supply.

  • Safety stock is calculated based on factors like lead time, demand variability, and desired service level.

  • For example, if a company typically sells 100 units of a product per day and the lead time is 5 days, they may keep a safety s...read more

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