Freddie Mac Interview Questions With Correct Answers
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Course
Freddie MAC
Institution
Freddie MAC
Freddie Mac Interview Questions With
Correct Answers
Tell Me About Yourself. - answerI'm in the process of completing my Master's in
Information Systems with an IT focus. This program has provided me with a lot of experience
with the Systems Development lifecycle, from creating functional requi...
Freddie Mac Interview Questions With
Correct Answers
Tell Me About Yourself. - answer✔I'm in the process of completing my Master's in
Information Systems with an IT focus. This program has provided me with a lot of experience
with the Systems Development lifecycle, from creating functional requirements to coding, and
finally implementation. My final project was a task management program my group and I
created as we went through the entire systems development lifecycle. I have a pretty diverse
background, both technical and business related, along with professional experience in the IT
field from working in a group to upgrade computer systems for an organization to technical
support where i was faced with many problems on a consistent basis, both of which has taught
me a lot about technology and problem solving. With this background, I hope to become a
invaluable member of the Freddie Mac team as a Technology Analyst.
Why do you want to work for freddie mac? - answer✔I originally chose to apply for this
position because coming out of Master's program it meets all of my expectations for what I'm
looking for in a company. Freddie Mac will allow me to put what i've learned at the graduate
level into practice. After doing a lot of research about the company I can tell it's an organization
where I can work creatively and passionately on a team, which is what I specifically look for in a
career.
I honestly believe Freddie Mac is best place to start my career in Information Technology.
Questions to ask Interviewer: - answer✔I read an article on your website that talks about
Freddie Mac is transforming technology in the 2nd market. The article mentions how in the last
two years alone, the company has increased computing power by 56% and storage capacity by
50%, which I think is incredible. Can you elaborate on some of the ways Freddie Mac is
improving the use of technology throughout the company?
Tell me about freddie mac: - answer✔Freddie Mac is a government sponsored organization that
helps keep money flowing to mortgage lenders to further support homeownership and rental
housing.
-The company makes sure that financial institutions have mortgage money to lend
-They make it easier for consumers to afford a decent house or apartment
how would you manage the risk of a change in your project? - answer✔For risks that would
dramatically affect accomplishing the project objective, I would determine the likelihood and
degree of impact the risks would have on the project objective. I would then prioritize the risks
according to the likelihood and degree of impact.
I would then create a risk assessment matrix where I can order the risks from high to low priority
and identify a response plan for the risk.
After prioritizing, I would create a risk response plan for each risk to have a set of actions that
seek to prevent or reduce the likelihood and degree of impact and develop a plan if the risk event
occurs.
Based on the risk assessment matrix, or the degree/likelihood of the event, I would choose to
either avoid the risk, mitigate the risk, or accept the risk.
-Identify risks and their potential impacts before the project starts
-involve the project team or experts in assessing risks
-assign high priority to managing risks that have a high likelihood of occurrence and a high
potential impact on the project outcome
-develop response plans for addressing high priority risks
what is a test plan? - answer✔a document detailing a systematic approach to testing a system
such as a software program. Contains a detailed understanding of the workflow.
The document describes the scope, approach, resources, and schedule of intended testing
activities. It defines test items, the features to be tested, the testing tasks, who will do each task,
and any risks requiring contingency planning.
how the testing will proceed, who will do the testing, what will be tested, in how much time the
test will take place, and to what quality level the test will be performed.
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