Welcome to your interview.
The question is on your right: Immediate Budget and Schedule Recovery. Take a moment with it first.
Talk your thinking through with me if you like - when you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes). Discussion and graded submissions share your five interviewer interactions, so spend them well.
Imagine a project is 20% over budget and two weeks behind schedule at PRICE WATERHOUSE COOPERS. What immediate steps do you take to remediate the situation?