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Jae philippines, inc. Interview Questions and Answers
Ques:- What is verification? validation?
Right Answer:
Verification is the process of evaluating work products to ensure they meet specified requirements at a particular stage of development. Validation is the process of evaluating the final product to ensure it meets the needs and expectations of the user.
Ques:- Define EVM, earned value management?
Right Answer:
Earned Value Management (EVM) is a project management technique that measures a project's performance by comparing the planned progress with the actual progress and the value of work completed. It helps in assessing project health by analyzing cost and schedule variances.
Ques:- What is MPMM?
Right Answer:
MPMM stands for "Multi-Project Management Methodology," which is a framework designed to manage multiple projects simultaneously, ensuring that resources are allocated efficiently and project goals are aligned with organizational objectives.
Ques:- Quality, Risk Management, Issue management, mentoring, problem solving; coding.
Right Answer:
Quality management ensures that project deliverables meet the required standards. Risk management involves identifying, assessing, and mitigating potential issues that could impact the project. Issue management focuses on resolving problems that arise during the project lifecycle. Mentoring involves guiding and supporting team members to enhance their skills. Problem-solving is the process of finding solutions to obstacles that hinder project progress. Coding refers to the technical aspect of developing software or applications as part of the project deliverables.
Ques:- An overseas construction firm wants to establish its presence in a growing regional US market. What advice would you give them?
Right Answer:
I would advise the firm to conduct thorough market research to understand local demand, regulations, and competition. They should establish partnerships with local contractors and suppliers, ensure compliance with US laws, and consider hiring local talent to navigate cultural differences. Additionally, developing a strong marketing strategy to build brand awareness and networking within the industry will be crucial for their success.
Ques:- You’re consulting with a large pharmacy with stores in multiple states. This company has improved sales but experienced a decrease in revenue. As a result, it is contemplating store closings. Explain how you’d advise this client?
Right Answer:
I would advise the client to analyze their sales data to identify which products are driving sales but not contributing to revenue. They should assess their pricing strategy, operational costs, and inventory management. Additionally, I would recommend evaluating the performance of each store location to determine if some stores are underperforming and should be closed. Implementing targeted marketing strategies and improving customer experience could also help boost revenue. Finally, consider exploring partnerships or alternative revenue streams to enhance profitability.
Ques:- A steel company in was experiencing large amounts of inventory and customers which complained about long wait times for orders. Company used to have a monopoly however deregulation had allowed for competition starting 10 years ago and the firm now had 40% market share. Firm had four plants, two made mostly flat steel products and two made pipe like steel products. For all plants half the products were specialized and half were standard. What should be done to solve the problems?
Right Answer:
The company should implement a demand forecasting system to better align production with customer needs, streamline operations to reduce lead times, improve inventory management to minimize excess stock, and enhance customer service to address complaints. Additionally, consider investing in technology to increase efficiency and exploring partnerships or collaborations to improve market competitiveness.
Ques:- There are 10 black socks and 10 white socks in a drawer. Socks of the same color are identical but not allowed to look into the drawer while taking out socks?
Right Answer:
To guarantee at least one matching pair of socks, you need to take out 3 socks.
Ques:- How do you handle non-productive team members?
Right Answer:
I would first identify the reasons for their lack of productivity through one-on-one conversations. Then, I would provide support, set clear expectations, and offer resources or training if needed. If the situation doesn't improve, I would consider reassigning their tasks or discussing further actions with management.
Ques:- Why you don’t go for government job?
Right Answer:
I prefer to work in the private sector because I value the opportunities for innovation, career growth, and a dynamic work environment that it offers.
Ques:- What is your expectation about the company?
Right Answer:
I expect the company to provide a supportive work environment, opportunities for professional growth, and a culture that values collaboration and innovation.
Ques:- How do you ensure your work remains consistent despite frequent changes in deadlines or expectations
Right Answer:
I prioritize tasks based on urgency and importance, maintain clear communication with my team and stakeholders, and stay flexible by adjusting my plans as needed. I also set personal milestones to track progress and ensure quality remains high despite changes.
Ques:- How do you encourage adaptability in your team when facing challenges or shifts in direction
Right Answer:
I encourage adaptability in my team by fostering open communication, promoting a growth mindset, providing training opportunities, and involving team members in decision-making. I also celebrate flexibility and resilience when facing challenges, ensuring everyone feels supported and empowered to adjust to new directions.
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