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Your company has been awarded a construction project based on the cost estimate that you submitted. However, during the execution phase of the project, you

Your company has been awarded a construction project based on the cost estimate that you submitted. However, during the execution phase of the project, you discover that the actual costs are significantly higher than the estimated costs. 


How will you manage this situation, and what steps will you take to ensure that the project stays within the budget and timeline outlined in the estimate?

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