IT Project Management Interview Questions and Answers.Describe about IT project spending in your project. Is it constant throughout the different stages of the project?
Answer : This question is asked to test how much you know regarding costing of projects. As usual in the initial stage of project, ie the requirement and design phase, the cost and expense is very minimal, because this stage requires a bit of business analysis and architecture. But as the project progresses, cost factor starts to increase.The cost becomes maximum in coding phase because in this phase you require programmers , developers, testers, project leads and a project manager. Finally, when the project is in testing and acceptance phase cost depends from client to client but usually less compared to development stage.
Explain what do you mean by a stakeholder ?
Answer : A stakeholder in an organization is anyone who has something to gain or lose because of the completion or failure of the project or a particular phase of the project.
We should keep in mind that its not only the end customer that may be the stakeholders. Stakeholders also include important people in the project like the Project managers , Project Lead , even the programmers and analysts, testing department etc are also the stake holders of a project.
Are risk constant through out the project ?
Answer : Risk is high at the start of project’s , but by proper POC (Proof of concept) risk is brought in control.Good project manager’s always have proper risk mitigation plan at the start of project.As the project continues one by one risk is eliminated thus bringing down
the risk. Its important that you never say that risk is always high through out the project.
Explain in brief about project life cycle ? How many phases are there in software project ?
There are five stages of any project initiating, planning, executing, controlling, and closeout.These are very general phases and change according to domain.Example when writing a book i will have following mapping’s initiating(contacting publishers,getting
copy right etc.), planning(Table of contents of book ,Number of chapters , tool to use,chapter wise deadlines etc), xecuting(Actually writing the book), controlling(proof reading , language checks , page alignments etc), and closeout(Finally printing and on the
shelf for sale).So this classification is at very broader level , for software development the above figure shows the mapping.
During Software project management interview expected answer is requirement phase, design phase ,coding phase , testing phase and project closure.But you can just impress the answer by giving a general answer and then showing the mapping.