Program Control Services Analyst

Program Control Services Analyst Interview Questions and Answers

Updated 10 Nov 2021

Q1. What is mean by profitability

Ans.

Profitability refers to the ability of a business to generate profit or financial gain.

  • Profitability is a measure of a company's financial performance.

  • It is calculated by comparing the revenue earned to the expenses incurred.

  • A profitable company generates more revenue than it spends on operating costs.

  • Profitability can be improved by increasing revenue, reducing expenses, or both.

  • Investors and stakeholders often use profitability as a key metric to evaluate a company's succes...read more

Q2. Why PMO is needed?

Ans.

PMO is needed to ensure effective project management and alignment with organizational goals.

  • PMO provides a centralized approach to project management

  • PMO ensures consistency in project delivery

  • PMO aligns project goals with organizational strategy

  • PMO provides a framework for project governance and risk management

  • PMO facilitates communication and collaboration among project teams

  • PMO enables effective resource allocation and utilization

  • PMO promotes continuous improvement and lea...read more

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