When answering this question, focus on your hands-on experience with cost estimation and budgeting. Highlight specific projects where you successfully managed costs, detailing the methods and tools you used. Mention any software you are proficient in, such as CostX, Bluebeam, or PlanSwift. Discuss how you ensured accuracy in your estimates and how you handled any challenges that arose. For example:
"In my previous role at XYZ Construction, I was responsible for the cost estimation and budgeting of a $5 million commercial building project. I used CostX for takeoff and estimating, ensuring all costs were accounted for accurately. I also implemented a contingency plan to manage unexpected expenses, which helped keep the project within budget despite unforeseen challenges. My proactive approach and attention to detail ensured the project's financial success."
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