What do you do if project budgets start exceeding expectations as a project coordinator?
When you're in the thick of project coordination and notice the budget is swelling beyond the forecasted figures, it can be a moment of real concern. As a project coordinator, you play a pivotal role in ensuring that the project's financial health is maintained. It's vital to address budget overruns as soon as they are identified to prevent them from spiraling out of control. The key is to remain calm, assess the situation thoroughly, and take strategic action to steer the project back on course.