Technical Project Manager Flashcards
(84 cards)
Project management methodology
Ref: https://qnaengine.com/top-50-project-manager-technical-interview-questions-detailed-answers/#google_vignette
Waterfall
- Linear and sequential
- Suited for well defined static requirements
Agile
- Iterative and flexible
- Suitable for changing requirements
Project Management Tools
Jira - Sprint planning & tracking
Smart sheets- Gantt chart & resource management
Project life cycle - Five process groups
1) Planning
2) Executing
3) Monitoring & controlling
4) Closing
Manage scope creep
- Define clear scope in the beginning itself
- Use formal change control process
- Document change, perform Impact analysis and get stakeholder approval
- Regular scope reviews
Critical path
- Shortest possible project duration
- Delay in critical path affects project timeline
Estimate project timelines
- Expert judgement
- Analogous estimation
- Task breakdown using WBS
- WBS- assign duration based on resource availability and complexity
- Buffer time for risk management
Project risks
- Identify and log risks in the risk register
- Perform risk analysis and prioritize risk based on impact and likelihood
- Develop mitigation plan
- Implement risk control mechanism
- Strengthen stakeholder communication
- Monitor, adapt and improve
Stakeholder management
- Identify all stakeholders
- Assess influence and interest using stakeholder matrix
- Tailored communication
- Maintain transparency
Underperforming team members
- Identify root cause using one-to-one communication
- Support through training, mentorship or workload adjustments
- No improvement- initiate HR procedures
Earned value management (EVM)
- Performance measurement tool integrating cost, time and scope
- Assess project performance vs progress
RAID Log
- Stands for risks, assumptions, issues and dependencies
- Aids decision marking and risk mitigation
Describe a time when a project went off-track. How did you handle it?
- E.g.. Vendor delay impacted timeline
- Re-baselined schedule, re-allocated resources and communicate change to stakeholders
Milestone vs Deliverable
Milestone
- Significant event in project timeline
- Used for tracking progress
Deliverable
- Tangible/intangible output
- End product of phase/product
Work Breakdown Structure (WBS)
- Breaks down project into work packages
- Used for estimating cost, assigning responsibility and scheduling
How to ensure project quality
- Define quality metrics during planning
- Conduct reviews, inspection and testing during execution
- Continuous feedback from stakeholders
Experience in resource management
- Use resource management tools to allocate, monitor and optimize team workloads
- Capacity planning to avoid under/over utilization of resources
- Factor in vacations, trainings and non-project commitments
Managing multiple projects simultaneously
- Prioritize based on strategic value, deadlines and resource constraints
- Portfolio dashboard tool to manage dependencies and track progress
- Delegation and frequent communication is key
Project monitoring vs Project controlling
Project monitoring
- Track project performance against project plan
Project controlling
- Corrective actions to address deviations
- Adjustments to scope, schedule, resources or cost
How to close a project?
- Ensure all deliverable are completed and approved
- Conduct final review
- Release resources
- Documentation archived for future reference
Gantt chart
- Visual timeline of project schedule
- Display task, duration and dependencies
- MS project tool used for creating Gantt chart
Risk vs Issue
Risk
- Potential problem that can occur in future
- Risk management is proactive
Issue
- Current problem that needs resolution
- Issue management is reactive
Key performance indicator (KPI)/Metrics
- Metrics used to evaluate project success
- Cost variance , schedule variance, resource utilization and customer satisfaction
Managing project budget
- Detailed breakdown of cost by phase, resource and deliverable
- Budget tracking tools to track planned vs actual cost
- Regular financial review to prevent cost overruns
-Eg. Smartsheet, Quickbooks
Triple constraint
- Scope, time and cost
- Change in one element will impact the other