If you mistakenly doubled the cost of materials on an estimate for a project, what should you do?

When you mistakenly double the cost of materials on an estimate, the most responsible action is to inform your supervisor. This option emphasizes transparency and accountability in project management. By notifying your supervisor of the error, you allow for a proper assessment of the situation. Together, you can determine the best course of action moving forward, whether that involves adjusting the project budget, negotiating with suppliers, or finding alternative materials.

Addressing the mistake with your supervisor also helps maintain trust within the team and ensures that future estimates are more accurate. Taking proactive steps to rectify an error is essential in maintaining the integrity of project management processes.