Project Control Specialist

Project Control Specialist Interview Questions and Answers

Updated 27 Feb 2024

Q1. Project Management Question : 1) what is EVM ? how do we monitor projects based on EVM ? 2) Case Study questions : what is project status -> if CPI is greater than 1 or SPI is less than 1 ! 3) How do we calcula...

Ans.

EVM is Earned Value Management, a project management technique to measure project performance and progress.

EVM compares the planned value, earned value, and actual cost of a project to determine its status and forecast its completion.
CPI greater than 1 indicates the project is under budget, while SPI less than 1 indicates the project is behind schedule.
Planned Value is the budgeted cost of the work scheduled to be done, Earned Value is the budgeted cost of the work actually c...read more

Q2. Planning & Scheduling Questions : 1) what is the Engineering flow for constructing the Oil & Gas or Chemical plant? 2) How much time is required for completing the Engineering activity activities ? 3) How can w...

Ans.

Answers to planning and scheduling questions for Project Control Specialist role in Oil & Gas or Chemical plant construction.

1) Engineering flow for constructing Oil & Gas or Chemical plant includes conceptual design, FEED, detailed engineering, procurement, construction, and commissioning.
2) Time required for completing Engineering activities varies depending on the scope and complexity of the project. It can range from a few months to several years.
3) Time schedule of Engin...read more

Q3. What is difference between total float and free float

Ans.

Total float is the amount of time a schedule activity can be delayed without delaying the project completion date, while free float is the amount of time a schedule activity can be delayed without delaying the early start of any successor activity.

Total float is associated with the project completion date, while free float is associated with individual activities.
Total float considers all dependencies and constraints in the project schedule, while free float only considers th...read more

Q4. What is ETC? What is the use of it?

Ans.

ETC stands for Estimate to Complete. It is used in project management to forecast the total cost needed to complete a project.

ETC is an important metric used in project control to predict the remaining cost needed to complete a project.
It helps project managers in making informed decisions about resource allocation and budget management.
ETC is calculated by subtracting the actual cost incurred from the original budgeted cost.
For example, if a project was budgeted at $100,000 ...read more