Project Management Interview Questions and Answers (16) - Page 1

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What is project management?

Applying knowledge, skills, tools, techniques in project and deliver project deliverables is
a short definition of project management.It’s basically managing project time, cost and
scope.

Who is a stakeholder ?

A stakeholder is anyone who has something to gain or lose as a result of the completion or failure of this project or phase

It defines a logical closure of any deliverable or cycle. Example you have completed the
requirement phase with sign off from the client on the requirement document.So you put
a baseline and say that further any changes to this document are change request. Versioning
of source code is one type of baseline.

What is effort variance?

Effort Variance = (Actual effort – Estimated Effort) / Estimated Effort.

How do you handle change request?

Normally change request are handled by preparing an Impact analysis document and then doing re-estimation

What is difference UTP in testing ?

UTP (Unit Test Plan) are done at smallest unit level or stand alone mode. UTP can be done using NUNIT. Unit testing is done normally by developers.

What is waterfall model?

The waterfall model is a sequential software development process, in which progress is seen as flowing steadily downwards (like a waterfall) through the phases of Conception, Initiation, Analysis, Design (validation), Construction, Testing and maintenance.

What is V-Model ?

The V-model is a software development process which can be presumed to be the extension of the waterfall model. Instead of moving down in a linear way, the process steps are bent upwards after the coding phase, to form the typical V shape. The V-Model demonstrates the relationships between each phase of the development life cycle and its associated phase of testing.

What is Dual Vee Model?

The Dual Vee Model, like the V-Model is a systems development model designed to simplify the understanding of the complexity associated with developing systems. In systems engineering it is used to define a uniform procedure for product or project development.

The model addresses the necessary concurrent development of a system’s architecture with the entities of that architecture and illuminates the necessary interactions and sequences recommended for orderly maturation of a system and systems of systems. This article explains the power of the Dual Vee Model when applied as a reminder model for development of complex systems.

Whic institute offers PMP Certification?

Project Management Institute (PMI

What are the different phases of SDLC?

SDLC - stands for Software Development Life Cycle. It can be divided in to 7 phases they are:

1.Preliminary Investigation (Feasibility Study).
2.Requirement Analysis (Analysis).
3.Design of the System.
4.Software Construction.
5.System Testing.
6.System Implementation.
7.System Maintenance.

You have been hired as a project manager for a bank. The banks wants you to design and develop custom online bill pay software so that its customers can pay their bills online.You are ready to begin the activity definition of your project. You have identifies the scope statement, the WBS, and talked with the SME’s. In addition, for security reason, you have been informed that project team members must NOT have criminal history. In addition you’ve requested that the bank purchase the necessary transaction processing software, although the software is not yet available. What else do you need before you begin activity definition?

NOTE: This is objective type question, Please click question title for correct answer.

How Can You Best Describe a Sprint? -This is related to SCRUM

A Sprint is a pre-specified amount of time in which the TEAM (i.e Development Team) work at a sustainable pace to complete a chosen set of task.(Stories broken down into to simplest unit of implementation work)

Why Scrum Master is Termed as Servant Leader?

Scrum Master's Primary role is to server the Scrum Team by removing any impediments and ensuring adherence to agile principles and guidelines.

The Scrum Master work as a facilitator to the team. He organizes the team and tries to removes any impediments. Help to oversees the process. As per SCRUM principle he manages the Sprint backlog and the overall progress of the project.

Describe Different Categories of EFFORTS in Project Management?

Baseline Effort: Baseline Effort refers to original work estimates arrived at and approved after defining the project WBS (Work breakdown structure) before the project begins and is considered only from 'Task’ assignments. It is the primary reference point against which the project actual effort spent is measured.

Planned Effort: Planned Effort refers to current work plan, based on the current rate of progress and the remaining effort required to go. This indicates the total projected project effort required to complete the project based on the current state of progress.

Actual Effort: Actual effort refers to the effort entered by project resources against their respective task. The actual effort is used in determining the actual progress of the project compared to the baseline/planned progress.

Remaining Effort: Remaining effort refers to the effort still required by project resources to complete the respective task.

What is Effort Deviation?

Effort Deviation: Effort deviation is the percentage of additional effort spent during the execution of projects, over what was planned/approved for in the beginning. It is an indicator of the estimation capability, as well as implementation skills of the project team (or project manager).

The deviation in planned vs. actual effort arises when either the estimation has not been done accurately or the scope is ambiguous and hence it lead to effort and thereby cost overrun.

Effort Deviation is calculated using this formula: Effort Deviation = (Actual Effort - Baseline Effort) * 100/(Baseline Effort)

Actual Effort = Actual timesheet effort logged by the resources against task assigned to the user for the project.

Baseline Effort = Planned effort for ‘Tasks’ at the start of the module.