"Companies count on managers to make smart team decisions and oversee group members in order to maintain deadlines and keep operations running smoothly. Be prepared to answer several situational questions that will evaluate your time management skills, problem solving abilities, and ease in leading a team. Employers will also expect you to be well-versed in products and operations, so make sure to brush up on the department's relevant work."
Suppose you are working on a project with an original scope of a few months and you are told that you instead now have a few days -- how would you handle it?
Assuming the scope reduction is feasible, I would toss out everything except the highest priority deliverable.
As long as the project is on track and I am in day >55, I'd say; " No issue."
I would say evaluate the overall impacts and risks then communicate it with your sponsor (customer). Let he/she to decide then document it.