Interview Questions for a Planning Engineer - Part II
Answer: Yes, I have handled a number of Kick-off Meetings on
different projects & companies.
These meetings can be
conducted at new phase start during the execution of project also.
Question 12: Do you know about CPI?
Answer: Yes, it’s a
Cost Performance Index and it evaluates the performance in the sense if the
project is under-budget, over-budgeted or on track. The formula is for CPI is
the ratio of earned value – EV over actual costs – AC that is CPI =EV/AC
Question 13: What do you know about SPI?
Answer: It is Schedule
Performance Index and indicates the
performance of project work is completed to baseline schedule. It is calculated
by dividing the earned value by the planned value that is SPI = EV/PV
Answer: Cost, Time and
Scope with quality as the fundamental theme.
SF (Start to Finish) relationship, Log lags or leads, Negative Float etc.
Answer: Negative float
indicates that the activity is already delayed. Normally, a constraints is the
culprit of it. Remove all the constraints or use proper logic -relationships to
deal with it. Also check dangling or out of sequence activities.
During updating a
schedule, a negative float for some activities is very common. You cannot avoid
unless is going as planned.
Answer: They planner
has made a blunder during calculations.
representation of ‘anything’ like Manhours, Cost etc. plotted against time.
function is always underestimated but it is really great feature in Primavera
P6 Professional. A Reflection program is just a copy of the program to
have a look at different scenarios after making desirable changes. Once
satisfied just emerge in the native program.
Answer: ACWP is Actual Cost of Work Performed, BCWP is Budgeted Cost of Work Performed & BCWS is Budgeted Cost of Work Scheduled.