Interview Questions and Answers on Project Management in Pharma Industry
Nowadays project management is a crucial sector in pharma industries. A project manager can guide a project right way and can track all the activities from initiation to closing of the project.
Here we mention few common interview questions for the candidates who are interested to get project manager role in a pharma industry:
Q. What do you mean by project management?
Project management is the application of modern management techniques and systems to the execution of a project from start to finish, to achieve predetermined objectives of achieve predetermined objectives of scope, quality, time and cost, to the equal satisfaction of those involved.
It is the obedience of planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives.
Project management is bringing cross‐functional team members together to achieve a common goal.
Q. What are the major functions of project management department?
- Cost‐effective planning, execution and monitoring of projects;
- Optimized business processes and resources;
- Accelerate project procedures;
- Compare various different projects in order to identify at a glance which ones to press ahead with.
Q. What about 6 “C” in project management?
- Concept
- Clarity
- Consensus
- Commitment
- Control
- Confirmation
Q. What do you mean by work breakdown structure (WBS)?
The WBS is the hierarchical model of the tasks to be performed in the project. It provides a clear overview of the project by:
- Forming the basis for organizing and coordinating the project.
- Showing the work, time and costs involved in the project.
- The WBS also forms the basis for subsequent planning steps, such as planning planning dates and costs, and allocating allocating the budget.
Q. What soft skills should have a project manager?
- Leadership
- Matrix Management
- Energy
- Passion
- Influencing
- Negotiation
- Communication
- Facilation
- Pro-active
- Strategic thinking
Q. What is the role of a Project Manager in Pharmaceutical R&D?
Project managers in pharmaceutical research and development must also be able to cope with projects that range in duration from six months (line extensions) to ten years or more.
They must be able to manage and understand the interdisciplinary scientific issues arising around the disciplines of pharmacology, chemistry, toxicology, metabolism, pharmacokinetics, pharmacy, clinical research, and statistics.
They must construct, maintain, and push forward a project plan of ever-changing complexity to attain subtly altering project goals over the life of the project.
Related: Project Management in Pharmaceutical Industry
Q. What do you mean by Project lifecycle?
The project lifecycle is the path for your project from start to finish. Each project phase builds toward the subsequent phase and helps to create a structure for the project.
Q. What are the phases of a project lifecycle?
- Project lifecycle phases
- Project initiation
- Planning
- Execute and complete the tasks
- Project closing
Q. What are the popular project management approaches?
- Agile
- Waterfall
- Scrum
- Kanban
- Lean
- Six Sigma etc.
Q. Mention few project management tools.
- Gantt charts
- Trello
- Jira
- Project baseline
- Teamwork etc.
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