What are some of the ways you keep costs as low as possible on the projects you manage?

Remember to discuss a mix of team and stakeholder based strategies within your response. Effective cost management includes properly managing expectations and monitoring the efforts of your teammates.

"The specific strategy of cost management can depend on the project methodology. However, I lean on three main strategies to keep costs low regardless of the method we use. These include using previous work and work from other teams to benchmark and refine estimates, setting clear expectations with my stakeholders, and looking for opportunities for reuse or cost savings during the course of a project."