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Bluecross blueshield of tennessee Interview Questions and Answers
Ques:- What are the types of risks you may encounter in a project?
Right Answer:
1. **Technical Risks** - Issues related to technology and technical feasibility.
2. **Financial Risks** - Budget overruns or funding shortages.
3. **Schedule Risks** - Delays in project timelines.
4. **Scope Risks** - Changes in project scope or requirements.
5. **Resource Risks** - Availability and allocation of resources.
6. **Quality Risks** - Failure to meet quality standards.
7. **Stakeholder Risks** - Conflicts or changes in stakeholder expectations.
8. **External Risks** - Factors outside the project’s control, like regulatory changes or market conditions.
Ques:- How do you determine realistic schedules for the project?
Right Answer:
To determine realistic schedules for a project, I follow these steps:

1. Define project scope and deliverables.
2. Break down tasks into smaller, manageable components (Work Breakdown Structure).
3. Estimate the time required for each task using historical data and expert input.
4. Identify dependencies between tasks to understand the sequence of work.
5. Consider resource availability and constraints.
6. Use project management tools to create a timeline and visualize the schedule.
7. Review and adjust the schedule based on team feedback and potential risks.
8. Monitor progress regularly and be flexible to make adjustments as needed.
Ques:- D.G Power Plant.
Right Answer:
A D.G. (Diesel Generator) Power Plant is a facility that generates electricity using diesel engines. It typically serves as a backup power source or provides power in areas without access to the main electrical grid.
Ques:- What do you mean by time & material contracts?
Right Answer:
Time and material contracts are agreements where a client pays for the actual time spent by the contractor's employees and the materials used in the project, rather than a fixed price.
Ques:- What is project management and how planning is necessary for any projects?
Right Answer:
Project management is the process of planning, executing, and overseeing a project to achieve specific goals within a defined timeline and budget. Planning is necessary for any project because it helps identify objectives, allocate resources, manage risks, and establish a clear roadmap, ensuring that the project stays on track and meets its goals effectively.
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