Let’s face it — budgets are stressful. This question is asked for two reasons: to learn how you handle stress and to understand your budgeting skills. Your interviewer will want to see how you prioritize tasks and which soft skills you use to reign in the cost overrun and make the rest of the project run efficiently.

Provide an example from your own experience in your answer. Don’t give an example where your project went over budget and you were not able to resolve it. Instead, go with an example that shows you can foresee issues and re-align your project to stay on track with the budget. If you don’t have an example that works, describe honestly how you would deal with a budget issue.